Tesla says it plans to open China design and research center
U.S. electric car maker Tesla plans to open a design and research center in China to make “Chinese-style” vehicles, the company said in a recruitment notice on its official WeChat account.
Amazon’s $1 billion investment in India no big favor: minister
Amazon hasn’t done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos.
Comcast, late to the streaming party, to give details of NBC’s Peacock service
Comcast Corp on Thursday will reveal details of Peacock, its belated entry into the streaming wars, as it harnesses its NBCUniversal library and invests in new content in an effort to capture viewers abandoning cable TV.
Renault, Nissan share ‘real desire’ to make alliance work: chairman
Renault Chairman Jean-Dominique Senard said on Thursday there was a “real desire” within the top ranks of both companies for its alliance with Nissan to succeed, dismissing suggestions the partnership was on the rocks.
China says trade deal good for all, media discourages ‘nitpicking’
Chinese state media on Thursday warned against any “nitpicking” as Beijing portrayed the Phase 1 trade deal with United States and its new commitments to massive purchases of American goods as a boon for China’s economy.
Stocks bask in U.S.-China trade-deal afterglow
World stocks remained near record highs on Thursday, after the United States and China signed the first phase of an agreement to end their 18-month trade war.
Oil rises after U.S.-China deal, IEA forcast limits gains
Oil prices rose on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, giving some relief to markets, but gains were capped as the International Energy Agency said it expected oil production to outstrip demand.
European firms get ‘crumbs’ from China’s Belt and Road: business group
China’s Belt and Road investment scheme, which aims to connect Europe with Asia, is sidelining European companies and Brussels should review its competition law to level the playing field, a business lobby group said on Thursday.
Renault chairman says ‘real desire’ to make Nissan alliance work
Renault Chairman Jean-Dominique Senard said on Thursday there was a “real desire” at the helm of the carmaker’s alliance with Nissan to make it a success, seeking to dispel suggestions the two decade partnership might be on the rocks.
Renault-Nissan alliance operating board to meet by the end of January: Senard
Renault chairman Jean-Dominique Senard said on Thursday the operating board of the Renault-Nissan alliance would meet by the end of January to decide on joint industrial initiatives.
