U.S. electric vehicle maker Tesla Inc is considering cutting the prices of its China-built Model 3 sedans by 20per cent or more next year, Bloomberg reported on Wednesday, citing people familiar with the plans.
Trade groups representing some of the world's biggest firms plan to lobby U.S. officials and Indian lawmakers in a bid to dilute parts of an Indian privacy bill which could hurt businesses, three sources familiar with the plans told Reuters.
Facebook can determine where users are even if they opt out of having their whereabouts tracked, the company revealed in a letter sent to US senators.
As a prolonged economic slowdown forces Indians to curb spending on everything from underwear to automobiles, business in Bollywood has never been better - offering audiences an escape from the increasingly grim daily grind.
An Ireland-based plane lessor sued Boeing Co on Tuesday for breaching a contract for 22 of the U.S. planemaker's 737 MAX aircraft and sought a compensation of US$185 million.
California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a US$13.5 billion settlement for the victims.
Shared workplace operator WeWork said on Tuesday it has arranged a US$1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose funds are expected to be available in January.
PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).
Asian stocks took a breather at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking its wounds as revived Brexit fears came back to bite it.
ONE Esports’ Carlos Alimurung sat down with CNA to talk about the firm’s strategies and reasons to run an e-sports tournament at the Singapore Indoor Stadium.
