Tesla rebuffs U.S. safety recall petition, says no unintended acceleration in vehicles
Tesla Inc said on Monday there was no unintended acceleration in its vehicles, as it responded to a petition to a U.S. safety regulator to investigate and recall around 500,000 of the company’s electric cars over the alleged defect.
Huawei CFO Meng’s lawyer says ‘double criminality’ at center of U.S. extradition case
A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that “double criminality” was at the center of a trial to decide whether Meng can be extradited to the United States, a case that has strained relations between Ottawa and Beijin…
Brazil’s Ambev sets ambitious target to end plastic pollution in packaging
Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that an executive said on Monday has the potential to generate approximately 1 billion reais ($239.09 million) in busi…
Huawei CFO Meng arrives in Canada court for U.S. extradition trial kick off
Huawei Chief Financial Officer Meng Wanzhou arrived in a Vancouver courtroom on Monday for the start of a trial to decide whether she can be extradited to the United States, as China repeated its call for Canada to release her.
Embraer studies turboprop to be developed through Boeing venture
Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday.
China repeats call on Canada to release Huawei’s Meng as extradition trial set to kick off
China on Monday repeated its call for Canada to release Huawei Chief Financial Officer Meng Wanzhou, ahead of her expected arrival in a Vancouver courtroom for the start of a trial to decide whether she can be extradited to the United States.
AerCap CEO warns against panic discounts for Boeing 737 MAX jets
Owners of Boeing’s grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its long-term value, the head of one of the world’s largest aircraft lessors Aercap said on Monday.
JPMorgan says ‘oui’ to Paris expansion post-Brexit
JPMorgan Chase & Co is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain’s exit from the European Union, snapping up new premises in the French capital.
Oil rises as Libya declares force majeure in oilfields
Oil prices rose to their highest in more than a week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC member to a trickle.
No turning point in sight as IMF predicts sluggish global growth
Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said on Monday.
