Renault chairman says ‘no stress’ to appoint new CEO
Renault chairman Jean-Dominique Senard said on Thursday there was “no stress” to appoint a new chief executive at the helm of the French carmaker, adding current interim arrangements were working well.
New Tesla registrations in California nearly halve in fourth quarter: data
Tesla Inc’s overall vehicle registrations nearly halved in the U.S. state of California during the fourth quarter, according to a Dominion Cross-Sell report, which collates data from state motor vehicle records.
Oil gains after U.S.-China trade deal, fall in inventories
Oil prices rose on Thursday buoyed by the long-anticipated signing of an initial Sino-U.S. trade deal that sets the stage for a jump in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected.
Tesla says 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.
China, U.S. sign initial trade pact but doubts and tariffs linger
China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global …
Factbox: Foreign investment banks with majority stakes in China units
The world’s biggest investment banks will be able to wholly own their China securities businesses from April 1 as the U.S.- China Phase 1 trade deal accelerates a previous deadline for removing foreign ownership caps by nine months.
Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd
Korea’s Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday.
Carlos Ghosn’s Japanese lawyers quit after former Nissan chief absconds
Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief’s flight to Lebanon from Japan, where he had been fighting financial misconduct charges.
Concerns linger after U.S. and China sign initial trade deal
China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global …
China’s Liu: China will push forward capital account opening, yuan internationalization – state media
Chinese Vice Premier Liu He said China will steadily push forward capital account opening and yuan internationalization, under the premise of focusing on preventing risks, state media People’s Daily reported on Thursday.
