The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
Abu Dhabi's International Petroleum Investment Co (IPIC) dropped a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the U.S. investment bank's dealings with Malaysian state fund 1MDB, a court filing showed on Tuesday.
The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
A higher risk of a split U.S. Congress and a contested election is being factored into some market analysts' models after some odds on the Presidential election have shown a narrowing.
Self-driving car firm Cruise said on Wednesday it and majority shareholder General Motors Co will be seeking U.S. regulatory approval in coming months to deploy the Cruise Origin, a vehicle with no steering wheel or pedals.
Bayer's Monsanto division on Wednesday lost a final appeal in a long-running French legal battle in which the crop chemical maker has been held liable for the accidental inhalation of a weedkiller by a crop farmer.
Tesla Inc Chief Executive Elon Musk on Tuesday evening tweeted that the electric car maker will be rolling out a new version of its Full Self Driving software, the latest attempt by the California-based company to tout autonomous driving.
Democratic US presidential hopeful Joe Biden's promised return to diplomacy with OPEC-members Iran and Venezuela could cut a path for a return of their oil exports should he win, but not before many months at least of verifications, talks and deal-making.
Shares of Nikola Corp rose nearly 10per cent on Wednesday after a General Motors executive said the Detroit-based automaker still sees potential in a partnership with the electric and hydrogen truck startup, and is still discussing a deal.
Arizona reached a US$5 million settlement with Honda Motor Co's U.S. units Wednesday in a probe into defective Takata air bag systems, state Attorney General Mark Brnovich said.
