Volkswagen CEO Herbert Diess is interested in acquiring a stake in Tesla , German business publication Manager Magazin reported on Thursday, citing company sources.
LONDON: Britain and South Korea on Thursday (Aug 22) signed a deal that will allow the two countries to keep trading freely after Brexit. The deal rolls over existing provisions under an EU trade deal and protects annual bilateral trade flows worth £14.6 billion (US$17.7 billion) in 2018. The ......
TEL AVIV: U.S.-Israeli Pagaya, which uses artificial intelligence (AI) to manage institutional money, said on Thursday it is issuing a US$115 million consumer credit asset-backed security (ABS) led by structuring agent Cantor Fitzgerald. This transaction is Pagaya’s largest to-date and the third ...
Wall Street's main markets were set to edge lower on Thursday as the previous session's hints of a skeptical Federal Reserve attitude to a new cycle of interest rate cuts offset a handful of more bullish signs from U.S. retailers.
China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut multi-billion dollar equipment orders for vendors such as Huawei.
A Russian humanoid robot was making its way on Thursday to the International Space Station after blasting off on a two-week mission to support the crew and test his skills.
JAKARTA: Indonesia's central bank announced a surprise interest rate cut Thursday (Aug 22) as it looks to offset tepid global growth, after Southeast Asia's biggest economy posted its slowest quarterly expansion in two years. Bank Indonesia (BI) trimmed its key lending rate by 25 basis points to 5 ......
Bayer AG is in mediation to potentially settle thousands of U.S. lawsuits claiming that the company's Roundup weed killer causes cancer, but some legal experts said the cases raises novel questions that may prevent an easy settlement.
Israel is easing export rules on offensive cyber weapons, despite accusations by human rights and privacy groups that its technologies are used by some governments to spy on political foes and crush dissent.
French President Emmanuel Macron is pressing ahead with a digital tax in France, a move U.S. President Donald Trump described as "foolishness", and the French leader is keen to reach an international agreement on taxing big tech companies.
