July2018

Tesla said on Monday that it had asked a small number of suppliers to cut prices on ongoing, long-term projects to improve its future cash flow, after a media report about a discount request sent shares...

Facebook has set up a subsidiary in China with registered capital of $30 million, according to an official business registration, hinting that the U.S. firm may be ramping up its presence in the restrictive market where...

Verizon Communications Inc reported better-than-expected quarterly profit and revenue on Tuesday as the No. 1 U.S. wireless carrier attracted more subscribers with unlimited data plans, sending shares higher in premarket trading. The company added 398,000 subscribers...

Synovus Financial Corp said on Tuesday it would buy a Florida-based bank for $2.9 billion to boost its deposits and become one of the leading lenders in the U.S. Southeast region. The deal will help Georgia-based...

EU antitrust authorities handed down a total fine of 111.2 million euros ($130.1 million) to Philips, Pioneer, Asus and Denon & Marantz on Tuesday for fixing online resale prices. The European Commission opened an investigation into...

Bitcoin rose above $8,300 on Tuesday to its highest level in two months, prompted by recent reports about impending approval in the United States for a cryptocurrency exchange-traded fund, which have helped bolster demand in recent...

Following the successful introduction of 4G (Fourth Generation) mobile phone service in the country, the telecom regulator is going for trial run of the latest 5G mobile technology tomorrow. Chinese telecom vendor Huawei will conduct the...

Indian police on Tuesday admitted they made a mistake in handling a deadly vigilante attack on a man suspected of cow smuggling by tending to his cows before taking him to hospital. It took police more...

Major U.S. airlines are expected to change how their websites refer to Chinese-claimed Taiwan by Wednesday in an effort to avoid Chinese penalties, three sources said, after coordination between the carriers and the U.S. government. Beijing...

Iran will react with equal countermeasures if Washington tries to block its oil exports, the foreign ministry said on Tuesday, while the Islamic Republic’s armed forces chief said U.S. threats would draw an “unimaginable and regrettable”...