Tesla's Shanghai assembly plant to be completed in May: government official

Tesla's upcoming vehicle assembly facility in Shanghai is expected to be completed in May this year, a Shanghai city government official said on Wednesday.

Dialog expects inventory days to rise in first quarter after fourth-quarter drop

Dialog Semiconductor expects inventories of its products to grow in the first quarter in terms of the number of days' demand covered after a decline in the fourth quarter, CFO Wissam Jabre told analysts on a conference call.

Exclusive: Grab eyes more funding after record $4.5 billion round in Southeast Asia

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's Vision Fund. The Singapore-based firm continues to see strong inte...

Continue reading

Facebook rejects Australian regulator's push for scrutiny of news feeds

Facebook Inc has rejected an Australian regulator's recommendation for greater scrutiny over the social network's advertising market power and the ranking of news articles in customers' feeds.

Chinese online retailers slash iPhone prices for second time this year

Chinese online retailers have started discounting iPhones for the second time this year as Apple Inc wrestles with a prolonged sales slowdown in the world's largest smartphone market.

A chaotic market for one sensor stalls self-driving cars

Automakers and technology companies racing to develop self-driving vehicles are running into a problem: cars that can think are no good without affordable and reliable technology that allows cars to see.

Exclusive: Grab eyes more funding, after raising $4.5 billion in SE Asia's largest financing round

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's Vision Fund.

Uber not criminally liable in fatal 2018 Arizona self-driving crash: prosecutors

Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company's self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday.

Uber not criminally liable in 2018 fatal self-driving crash: prosecutors

Arizona prosecutors said on Tuesday that Uber Technologies Inc is not criminally liable in a March 2018 crash in which one of the company's self-driving cars struck and killed a pedestrian in Tempe.

Top Tesla shareholder says Musk 'doesn't need to be CEO': Barron's

Tesla Inc's largest shareholder expressed its support for Chief Executive Officer Elon Musk, but acknowledged that it was open to a different role for the electric carmaker's founder and CEO, Barron's reported on Tuesday.

Exclusive: Romania's opposition seeks Huawei ban in telecom infrastructure

Romania's biggest opposition party will trigger a public inquiry into Huawei's contribution to critical infrastructure and seek to bar it from 5G network development due to mounting security concerns, its IT expert said on Tuesday.

Exclusive: Mexican central bank in talks with Amazon about new mobile payments

Mexico's central bank is in talks with Amazon.com Inc to launch a new government-backed mobile payment system that would allow consumers to pay for online purchases using QR codes, the bank's head of payments said.

Tesla blames misprinted label for China customs hiccup

Tesla Inc said on Tuesday that China's customs authorities have accepted the electric carmaker's plan to resolve problems with the clearance of its Model 3 sedans that centered around misprinting of labels.

Vivendi sells its remaining shares in video games group Ubisoft

Media conglomerate Vivendi has sold its remaining shares in video games company Ubisoft, making a capital gain of 220 million euros ($249 million).

T-Mobile spent $195,000 at Trump Hotel in D.C. since merger announcement

T-Mobile Us Inc's chief executive, John Legere, and other company leaders have spent $195,000 on hotel stays and other expenses at the Trump International Hotel in Washington since the company sought approval for a $26 billion merger with Sprint last April, documents released on Tuesday show.

China agrees to Tesla remedy for Model 3 customs block: source

China's customs authorities have accepted Tesla Inc's plan to remedy problems with the clearance of imported cars, a source familiar with the matter told Reuters on Tuesday.

China agrees on solution to Tesla customs issue: source

China's customs authorities have accepted electric carmaker Tesla Inc's plan to remedy problems with the clearance of imported cars, a source familiar with the matter told Reuters.

Carmaker Rolls-Royce: Short Brexit delay would make things worse

A short delay to Brexit would make things even worse, scuppering some contingency plans organized around a Mar. 29 exit date, the boss of luxury carmaker Rolls-Royce told Reuters.

Tesla hits customs roadblock in China over Model 3 imports: report

China has suspended customs clearance for Tesla Inc's Model 3 electric cars, citing various irregularities, including improper labeling of the vehicles, financial publication Caixin reported on Tuesday.

Fiat Chrysler open to mergers but rules out Maserati sale

Fiat Chrysler (FCA) is open to pursuing alliances and merger opportunities if they make sense but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said in Geneva on Tuesday.