Elon Musk on trial in U.S. for defamation over ‘pedo guy’ tweet
Tesla Inc boss Elon Musk went on trial on Tuesday for alleged defamation in appearing to describe a British diver who helped rescue a group of boys from a flooded Thailand cave as a pedophile on Twitter.
Wall Street falls for third straight day as trade hopes dim
Wall Street set course for its third consecutive sell-off on Tuesday as investor optimism over a potential near-term respite from the U.S.-China trade war evaporated following commentary from President Donald Trump and Commerce Secretary Wilbur Ross.
Amazon partners with Verizon on 5G in cloud computing expansion
Amazon.com Inc on Tuesday said it was extending its cloud to 5G networks in partnership with Verizon Communications Inc, so developers can run latency-sensitive programs on mobile and connected devices.
Amazon designs more powerful data center chip
(This December 3 story has been refiled to correct typo in paragraph 2)
France’s Safran and Germany’s MTU to work on new fighter engine
France’s Safran and MTU Aero Engines of Germany have agreed to develop together a jet engine for a Franco-German fighter, removing a key obstacle to one of Europe’s flagship defence projects.
Xiaomi, Oppo to use Qualcomm’s newest mobile phone chips
Two fast-growing Chinese phone brands said on Tuesday that they will adopt Qualcomm Inc’s newest 5G chip in their flagship devices early next year.
McLaren looks to Asia and hybrid cars to stay on track
British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company’s chief executive said on Tuesday.
French Champagne makers fear impact of potential new U.S. duties
French champagne producers and exporters decried a U.S. government threat to slap tariffs of up to 100% on a range of French products including sparkling wines, saying they have nothing to do with the dispute and calling for government help.
Safran CEO cautious on supply chain once Boeing grounding lifted
The head of French jet engine maker Safran has voiced caution over the ability of aerospace supply chains to ramp up quickly after the return to service of the Boeing 737 MAX, which has been grounded for months following two fatal accidents.
Wall St. tumbles as Trump dents hopes of trade deal this year
Wall Street’s main indexes hovered near one-month lows on Tuesday, as comments from President Donald Trump and Commerce Secretary Wilbur Ross stoked fears of a significant delay in resolving a trade dispute with China.
