Exclusive-Vietnam’s Truong Hai considers stake sale in $5 billion automotive arm – sources
(Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into…
Nifty, Sensex hit new life peaks, Nifty cracks past 18,900 mark, metals shine
Indian market indices made a higher opening on Wednesday following a strong rebound on Wall Street in the overnight session…
Google lays off staff at its mapping app Waze
(Reuters) – Alphabet-owned Google (NASDAQ:GOOGL) on Tuesday said it is cutting jobs at mapping app Waze as it merges the…
Small pickups fall short in rear seat safety, study shows
(Reuters) – Small pickups fell short of the standards expected in protecting the passengers on the rear seat of the…
Tesla to hit record quarterly sales in China even as market share shrinks – analysts
(Reuters) – Tesla (NASDAQ:TSLA) is set to hit another record quarter with its China sales while it faces mounting pressure…
Japan stocks higher at close of trade; Nikkei 225 up 2.02%
Japan stocks were higher after the close on Wednesday, as gains in the Chemical, Petroleum & Plastic, Transport and Mining…
Australia stocks higher at close of trade; S&P/ASX 200 up 1.10%
Australia stocks were higher after the close on Wednesday, as gains in the Consumer Discretionary, A-REITs and Financials sectors led…
European shares rise as U.S. data soothes economic slowdown fears
(Reuters) – European shares climbed on Wednesday after robust U.S. data soothed concerns about a steep economic slowdown, while investors…
Faraday Future investors commit $90 million in funding
(Reuters) – Faraday Future Intelligent Electric (NASDAQ:FFIE) has received $90 million in funding commitment from its existing investors, the electric-vehicle startup…
ACI Worldwide fined $25 million for multibillion-dollar mortgage payment ‘fiasco’
(Reuters) – The top U.S. consumer finance watchdog on Tuesday said it had fined the Nebraska payment processor ACI Worldwide…