By Norihiko Shirouzu and Paul Lienert May 14 (Reuters) - Electric car maker Tesla Inc plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects will bring the cost of electric vehicles in line with gasoline...
The Democratic presidential candidates yielded to the furor surrounding the impeachment inquiry in Washington in their primary debate Wednesday, for the first time training their fire more steadily on President Donald Trump than on one another and presenting a largely united front on vital issues like climate change and...
Scott Murdoch (REUTERS) HONK KONG Alibaba Group will carry out Hong Kong’s first paperless stock market listing with its $13.4 billion share sale, according to a source with knowledge of the matter, ending the long-held tradition of Hong Kong investors queuing in bank branches to place stock orders. The decision to fully...
By John Miller ZURICH, April 9 (Reuters) - Drugs being re-purposed in hopes they will help against COVID-19 cost little to make but may prove challenging to produce in quantities needed for a pandemic, a drug pricing expert said. "Any pharmaceutical company manufacturing any treatment currently in clinical trials against coronavirus...
Michael Nienaber and Rene Wagner /(REUTERS) BERLIN The German economy escaped a recession in the third quarter as consumers, state spending and construction drove a 0.1% quarterly expansion, defying expectations of another contraction in Europe's largest economy, preliminary data showed on Thursday. On an annual basis, gross domestic product expanded 0.5% from...
Perry Garfinkel https://www.nytimes.com/2020/01/13/business/airlines-flights-india.html Singapore Airlines added nine weekly flights to India last year, bringing its total to 104. Air France-KLM is increasing its seat capacity on Indian flights by 25 percent this winter. United Airlines has just begun offering nonstop seasonal daily flights from San Francisco to Delhi. And Delta Air...
By Asha Sistla March 31 (Reuters) - Gold prices fell on Tuesday as the dollar firmed and as shares rose on hopes of a rebound in China economic activity, while safe-haven demand amid concerns over the coronavirus outbreak kept the metal on track for its sixth straight quarterly gain. Spot...
WULONGQIAO, China A devastating disease spreading from China has wiped out roughly one-quarter of the world’s pigs, reshaping farming and hitting the diets and pocketbooks of consumers around the globe. China’s unsuccessful efforts to stop the disease may have hastened the spread — creating problems that could bedevil Beijing and global...
LONDON The Bank of England kept interest rates steady December 19, saying it was too soon to gauge how much Prime Minister Boris Johnson’s election victory would lift the Brexit uncertainty that has hung over the economy. Two of the BoE’s nine policymakers voted for a second month in a row...
SAN FRANCISCO Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion. The suit follows an earlier case that Intel filed against Fortress in October....