Britain is facing a significant recession but it is too early to tell how quickly the economy will be able to recover, British finance minister Rishi Sunak said on Thursday.
U.S. electric vehicle maker Tesla Inc is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.
The booming rooftop solar panel industry nosedived overnight when the coronavirus forced homeowners to rein in spending and keep their distance from would-be installers.
TikTok is under investigation for allegedly violating a settlement reached with U.S. authorities last year that resolved charges the popular app broke rules governing how children's personal information is treated online.
SHANGHAI/BEIJING: U.S. electric vehicle maker Tesla Inc is "very close" to Level-5 autonomous driving technology, its chief executive, Elon Musk, said on Thursday. Musk added that he was confident Tesla would attain basic functionality of the technology this year, in remarks made via a video ...
HONG KONG: China has punished video platforms including Alibaba-backed Youku and Baidu-backed iQiyi for carrying "low taste" content in a renewed effort to clean up the Internet, a pornography watchdog said. Authorities have outlawed more than 12,000 websites and deleted 8.4 billion pieces of ...
U.S. buyout fund Bain Capital said on Thursday it had extended its deadline for a US$1 billion buyout offer for Japanese nursing home operator Nichiigakkan Co for a second time.
Alphabet Inc's Google said on Wednesday it has shut down its cloud project named "Isolated Region" and added that it was not weighing options to offer its cloud platform in China.
BANKING veteran Kenneth Lai was appointed as OCBC’s new head of global treasury effective on Oct 1, in an internal appointment that is part of the bank's leadership renewal.
TikTok's exit from Hong Kong was met with a shrug among many locals who distrust the Chinese social media platform, but the app had been embraced by many foreign domestic workers as a way to creatively escape the drudgery of their toil.
