Testifying for a second day, CEO Elon Musk pushed back again on Tuesday (Jul 13) against a lawsuit that blames him for engineering Tesla’s 2016 acquisition of a financially precarious company called SolarCity.
A US$1 trillion bipartisan infrastructure deal senators struck with President Joe Biden is at risk of stalling out as Republicans mount stiff resistance over ways to pay for it and momentum shifts to a more robust Democratic proposal that could come into focus as soon as Tuesday (Jul 13).
WASHINGTON: The US State Department issued a supply chain business advisory related to China's Xinjiang province on Tuesday (Jul 13), warning of potential risks related to forced labor and human rights abuses. "Given the severity and extent of these abuses, businesses and individuals that do not ...
WASHINGTON: US consumer prices rose by the most in 13 years in June amid supply constraints and a continued rebound in the costs of travel-related services from pandemic-depressed levels as the economic recovery gathered momentum. The consumer price index increased 0.9 per cent last month, the ...
LONDON: British Prime Minister Boris Johnson told his cabinet team of ministers he would raise the need for urgent action to be taken against online abuse with social media companies on Tuesday, again condemning racist abuse against England's footballers. "He said the abuse was utterly ...
Volkswagen on Tuesday said battery electric vehicles were expected to account for half of global vehicle sales by 2030, as Europe's largest carmaker prepares to phase out combustion engine cars.
BEIJING: China will keep its economic operations within a reasonable range in the second half this year and the next, state radio quoted Premier Li Keqiang as saying on Tuesday. China will maintain the continuity and stability of its macro policies and will not resort to flood-like stimulus ......
Highly-speculative cryptoassets like bitcoin are becoming more interlinked with big investors, but they don't pose a threat that requires action beyond monitoring for now, the Bank of England (BoE) said on Tuesday.
FORMER HSBC investment banker Jonathan Gan has joined Citi's Private Capital Group as head of South Asia, as part of a push by Citi to beef up its family office expertise.
BERLIN: Europe's largest airline group Lufthansa said on Tuesday (Jul 13) that it was retiring "ladies and gentlemen" as an on-board greeting in favour of gender-neutral alternatives. A spokesman for the German company told AFP that the move was intended to make all passengers on board feel ...
