Lucid Motors said on Monday it hired Tesla Inc's former vice president of production at its Freemont factory, Peter Hochholdinger, as vice president of manufacturing.

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.

Tesla Inc's former vice president of production at its Freemont factory, Peter Hochholdinger, joined Lucid Motors as vice president of manufacturing, Lucid Motors said on Monday.

A group of banks is set to lend Telecom Italia unit INWIT up to 2.5 billion euros ($2.8 billion) to help it merge its towers with those of Vodafone, two sources said.

Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing competition from technology firms moving into banking transforms the sector, consultancy McKinsey said.

When Bob Collymore, the CEO of Kenya's Safaricom , wanted to know about his poorest customers, he would catch a local bus or walk around Kenya's slums with a prominent anti-corruption activist.

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.

Contentsquare, which provides insights into customers' digital experiences, has acquired Israeli rival Clicktale for an undisclosed amount, the companies said on Monday.

Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation retains its top global ranking in electric vehicle sales.

The rollout of 5G services across Europe has being slowed by U.S. sanctions against Huawei and as European governments review the impact of using Chinese equipment, the head of Swedish telecoms group Tele2 said.

The Dutch government will force telecoms companies to vet their equipment suppliers more thoroughly as they roll out 5G mobile networks, but made no mention of banning China's Huawei or any other supplier over spying fears.

Ireland's debt agency has invested disputed taxes collected from Apple in low risk, highly rated euro-dominated fixed income securities, mainly short to medium-term sovereign and quasi-sovereign bonds, it said in an annual report.

Careem has ended operations in Sudan as part of its planned takeover by Uber, a spokeswoman said on Monday, less than a year after the Middle Eastern ride-hailing firm launched in the country.

Belong.Life, a U.S.-Israeli creator of a social network and app for cancer patients, said on Monday it raised $14 million in a funding round led by life science analytics firm IQVIA.

German publisher Axel Springer said on Monday that its Stepstone jobs portal had bought an 85% stake in Appcast, a U.S. technology company specializing in so-called programmatic advertising, for around 70 million euros ($79 million).

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japan's Kokusai Electric for $2.2 billion in cash from investment firm KKR & Co Inc , as it bets on rising demand for memory chips.

Nepal's Chaudhary Group (CG) has signed a deal worth about $100 million with China's Huawei Technologies to bring 4G phone services to the country, CG's chief executive said, shrugging off U.S. security concerns about Huawei's products.

The world's first cruise ship propelled partially by battery power is set to head out from northern Norway on its maiden voyage, cruise operator Hurtigruten said on Monday.

Chinese state-backed semiconductor conglomerate Tsinghua Unigroup said it has formed a new business unit for producing DRAM, a type of memory chip dominated by companies in South Korea and the United States.

Bob Collymore, the chief executive who helped to turn Safaricom Plc into East Africa's most profitable company with an $11 billion valuation, has died after a nearly two-year long battle with cancer.

U.S. President Donald Trump's decision to allow U.S. firms to sell "high tech" products to Huawei led Asian investors to snap up shares in suppliers to the Chinese smartphone maker on Monday, even as some experts wondered what had changed.

Japan will tighten curbs on exports of high-tech materials used in smartphone displays and chips to South Korea amid a growing dispute over South Koreans forced to work for Japanese firms during World War Two, the industry ministry said on Monday, prompting condemnation from Seoul.

Bob Collymore, the chief executive who helped to turn Safaricom Plc into East Africa's most profitable company with an $11 billion valuation, has died after a nearly two-year long battle with cancer.

Google's bet on balloons to deliver cell service soon faces a crucial test amid doubts about the viability of the technology by some potential customers.

Alphabet Inc through Google and other subsidiaries has invested heavily over the last decade to make high-speed internet accessible to billions more people.

Japan's decision to tighten curbs on tech material exports to South Korea violates World Trade Organization rules and Seoul would respond firmly, a senior official at South Korea's trade ministry said on Monday.

Japan will tighten restrictions on exports of high-tech materials used in smartphone displays and chips to South Korea in response to a South Korean ruling on war-time forced labor, the industry ministry said on Monday.

Japan will tighten restrictions on the export of high-tech materials used in smartphone displays and chips to South Korea in connection with a dispute over a South Korean ruling on war-time forced labor, the industry ministry said on Monday.

The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him.