July2018

China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi’s ride hailing services. Didi currently uses regular passenger cars for its service,...

Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under the terms of the one-year deal, which was signed at Sino-German Economic Forum,...

Amazon.com Inc said on Tuesday it planned to build a new fulfillment center in Canada’s capital Ottawa that would create more than 600 full-time jobs. The center, which is the company’s fifth in the province of...

SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with U.S. firm Altaba to deepen ties with the internet heavyweight ahead of an IPO of its telecoms unit. The transaction,...

Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported. Under the agreements, Tesla will...

Ride-hailing business Uber has announced a deal with scooter hire company Lime. Lime lets people hire scooters, electric bikes and pedal cycles in 46 cities. The deal means Uber users will be able to rent Lime’s...

Tokyo stocks opened higher on Tuesday, backed by gains on Wall Street and the yen’s downwards trend. The benchmark Nikkei 225 index rose 0.70 percent or 154.50 points to 22,206.68 in early trade while the broader...

Iran’s non-oil trade with the BRICS nations declined 8.68 percent in volume but increased 7.4 percent in value during the last Iranian fiscal year compared to the corresponding year before, local media Eghtesad Online reported on...

Commerce minister Tofail Ahmed on Thursday told Parliament that the government will take effective steps to prevent hijras from creating nuisance in public places. He came up with the remarks while responding to supplementary questions, on...

Saudi Arabia on Monday said two militants were killed, along with a security official and a bystander, in a shootout at a police checkpoint in one of the kingdom’s central provinces. The interior ministry said the...