NEW YORK: Major automakers Tesla, Volvo, Ford and Mercedes Benz have sued the US government over tariffs on Chinese goods, demanding customs duties paid on imports be returned, with interest. The lawsuits were filed over the past days in the New York-based Court of International Trade and concern ......
The application was submitted to Beijing's municipal commerce bureau and the company is waiting for a decision, it said in a statement on its Toutiao account.
WASHINGTON: The coronavirus crisis is lasting longer than expected and it will take some countries years to return to growth, the number two official at the International Monetary Fund (IMF) said on Wednesday (Sep 23). The fund has provided about US$90 billion in total financing to 79 countries ......
Amid questions concerning how much more Singapore Airlines may have to lay off staff and cut costs, NUS Business School Associate Professor Nitin Pangarkar argues it’s in Singapore’s national interest to retain a national carrier.
US prosecutors charged a former US employee of a Swiss energy trading firm with bribery and a Florida company pleaded guilty to bribery as a probe into corruption in energy trading widened in the United States.
The advanced battery cell design and new manufacturing processes outlined by Tesla Inc CEO Elon Musk are promising, battery experts say, but they questioned how quickly they can be implemented and how much they’ll contribute to reducing overall costs.
Arthur Ochs Sulzberger Jr. will retire as chairman and a member of the New York Times Co's board by the end of December, the newspaper publisher said on Wednesday.
Tesla Inc's plan to produce lithium for electric vehicle batteries close to its Nevada Gigafactory faces stark challenges from the outset, including an onerous permitting process, uncertain access to water and questions about unproven methodologies.
JPMorgan Chase & Co is set to pay US$1 billion to resolve market manipulation investigations by US authorities into its trading of metals futures and Treasury securities, Bloomberg News reported on Wednesday (Sep 23), citing people familiar with the matter.
Airline Avianca Holdings came under broad criticism in Colombia for paying its top two executives US$6 million in bonuses in May, at a time when the carrier had furloughed most of its employees without pay and was preparing a bankruptcy filing.
