Tesla Inc's attempts to humble Porsche with a new lap record on Germany's legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating.
Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan".
The European Union will impose its own tariffs "in due course" in its WTO dispute over aircraft subsidies after the United States hit EU imports with increased duties related to illegal subsidies for Airbus, EU trade chief Cecilia Malmstrom said on Friday.
Coca-Cola Co beat Wall Street expectations for quarterly sales on Friday, boosted by demand for zero-sugar sodas and Coca-Cola Plus Coffee.
The spread of cryptocurrencies such as Facebook's Libra could have serious repercussions for worldwide efforts to detect and stamp out money laundering and terror financing, a global watchdog on illicit finance said on Friday.
A hefty profit warning sent Renault shares tumbling as much as 15per cent on Friday, capping a miserable year for the French carmaker following the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp slowdown in the global auto industry.
U.S. retailer Sears has borrowed about US$150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said.
A hefty profit warning sent Renault shares tumbling as much as 15per cent on Friday, capping a miserable year for the French carmaker following the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp slowdown in the global auto industry.
The US$100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.
JAKARTA: Indonesia has issued regulations to allow authorities to block smartphones purchased on the black market, in a bid to encourage investors to produce mobile phones in the country, a minister said on Friday. Indonesia is a large market for mobile phone producers, with 60 millions phones ...
