China’s state media praise some US firms amid fears of a new trade war BEIJING: China’s state media have praised some US firms for “strong collaboration” - commentary that comes amid... Published 28 Nov, 2024 10:14am
Business & Finance In high-wage Germany, VW’s labour costs outstrip the competition BERLIN/FRANKFURT: As Volkswagen and unions gear up for the next round of talks over wages and plant closures in... Published 20 Nov, 2024 11:53am
World Donald Trump picks former lawmaker Sean Duffy to be transportation secretary WASHINGTON: US President-elect Donald Trump said on Monday that he is nominating former Wisconsin Representative and... Published 19 Nov, 2024 10:21am
World Trump names Elon Musk to role leading government efficiency drive US President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government,... Updated 13 Nov, 2024 10:54pm
World Donald Trump win to test limit of presidential power; Harris concedes but vows to ‘fight’ PALM BEACH, FLORIDA/WASHINGTON: Donald Trump recaptured the White House with a sweeping victory on Wednesday as tens... Updated 07 Nov, 2024 04:52pm
World How Trump’s second administration affects business: Musk, tariffs and more Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American... Published 06 Nov, 2024 05:47pm
Business & Finance Toyota, NTT to make $3.3bn R&D investment for AI self-driving, Nikkei reports Toyota Motor and Japan’s Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in... Published 29 Oct, 2024 10:46am
Technology Elon Musk unveils robotaxi, pledges it ‘before 2027’ LOS ANGELES: Elon Musk on Thursday unveiled what he said was a robotaxi capable of self-driving, predicting it would... Published 11 Oct, 2024 11:06am
Business & Finance Tesla plans six-seat Model Y, production slated for 2025 in China, sources say SHANGHAI: Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with... Published 03 Sep, 2024 11:38am
Business & Finance Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports TOKYO: Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating an auto... Published 28 Jul, 2024 11:11am
Markets Nasdaq hits one-month low as Tesla, Alphabet knock megacaps down NEW YORK: The Nasdaq plummeted to a one-month low on Wednesday after Tesla and Alphabet disappointed with lackluster... Published 25 Jul, 2024 06:35am
Markets US stocks lower after Google, Tesla results NEW YORK: Wall Street stocks retreated early Wednesday following declines by Tesla and Google parent Alphabet after... Published 24 Jul, 2024 07:27pm
Markets Tesla, megacaps drive S&P 500, Nasdaq up NEW YORK: The Nasdaq and the S&P 500 edged up on Tuesday, boosted by gains in Tesla and megacap stocks, while ... Published 03 Jul, 2024 07:35am
Technology Tesla shareholders voting yes for Musk’s $56bn pay package, CEO says on X Tesla shareholders are voting to approve a $56 billion pay package for Elon Musk and to move the electric vehicle... Published 13 Jun, 2024 10:48am
Technology Tesla will not launch refreshed Model Y this year, Musk says Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on... Published 09 Jun, 2024 11:10am
World Proxy firm advises shareholders to reject Elon Musk’s $56 billion pay package Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla, opens new tab shareholders to reject a $56... Published 26 May, 2024 10:57am
Business & Finance Tesla pushes suppliers to produce parts outside of China and Taiwan, Nikkei reports Tesla has told suppliers for its models sold outside China to start building components and parts outside of both... Published 23 May, 2024 11:17am
Markets S&P 500 pauses after recent gains as investors assess rate path NEW YORK: The benchmark S&P 500 was broadly unchanged on Wednesday, pausing after a recent rally as investors... Published 09 May, 2024 03:11am
Technology Elon Musk visits China as Tesla seeks self-driving technology rollout SHANGHAI: Tesla CEO Elon Musk arrived in Beijing on Sunday for a surprise visit, where he is expected to meet senior... Published 28 Apr, 2024 02:06pm
World Tesla cuts prices nearly $2,000 in China, in line with US cuts BEIJING: Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as... Updated 21 Apr, 2024 10:44am
World Tesla’s Elon Musk postpones India trip, sources say NEW DELHI: Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra... Updated 20 Apr, 2024 12:59pm
Technology Tesla, Starlink entry on agenda when Musk heads to India MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world’s most... Published 18 Apr, 2024 01:41pm
World Elon Musk likely to unveil $2-$3bn India investment during visit, sources say NEW DELHI: Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a... Published 17 Apr, 2024 04:55pm
World X blocks India election posts after takedown orders NEW DELHI: Social media platform X has blocked several posts in India containing political speech after authorities... Published 17 Apr, 2024 12:11pm
Technology Tesla to lay off more than 10% of its staff, Electrek reports Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal... Published 15 Apr, 2024 03:05pm
Technology China EV maker Nio urges openness in US speech amid tensions SHANGHAI: Chinese electric vehicle (EV) maker Nio’s founder called for openness in a rare speech in the United... Published 14 Apr, 2024 11:03am
Technology Tesla raises prices of Model Y cars in US by $1,000 Tesla on Monday raised prices for all Model Y cars in the United States by $1,000, according to its website. The... Published 01 Apr, 2024 12:33pm
Business & Finance Tesla deliveries face hit from China slowdown, soft demand BEIJING: Tesla is expected to report sluggish first-quarter deliveries next week as the boost from its price cuts... Published 30 Mar, 2024 05:15am
Business & Finance Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car BEIJING: Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from... Published 30 Mar, 2024 04:58am
Technology Tesla, rivals get low marks for automated-driving technology DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by... Published 12 Mar, 2024 10:30am