Stock futures edge higher as China fuels trade deal optimism
U.S. stock index futures rose on Friday as latest comments from China lifted hopes of a trade deal after conflicting headlines this week knocked Wall Street off record highs.
Tesla’s cybertruck launch takes hit as ‘shatterproof’ windows crack
Tesla Inc’s highly anticipated unveiling of its futuristic pickup truck suffered a setback after its “armored glass” windows shattered during a demonstration.
Factbox: Tesla, Detroit, Amazon-backed Rivian race to electrify pickup trucks
Tesla Inc debuted its electric pickup truck Cybertruck on Thursday, joining a list of automakers and start-ups that have been working on electrifying pickup trucks – the heart of the Detroit automakers’ profits.
Exclusive: Sanofi’s strategy boss to leave as CEO readies revamp
Sanofi’s most senior strategy boss is set to leave by the end of the month, according to a memo seen by Reuters, in the first major management change under new chief executive Paul Hudson as he shakes up the firm’s priorities.
Tesla’s electric pickup breaks the mould with angular design and armored glass
Tesla Inc on Thursday unveiled its electric pickup, a truck with a futuristic angular body in gunmetal gray that resembled an armored vehicle and takes aim at the heart of Detroit automakers’ profits.
Global shares inch up, but trade worries linger
Global stocks inched up on Friday, lifted by China’s renewed offer to work out a trade pact with Washington and despite signs that manufacturing in major eurozone economies was grinding to a halt.
No truce in Mediaset, Vivendi battle ahead of court hearing -sources
Italian broadcaster Mediaset and its No. 2 investor Vivendi have not yet reached an agreement to end years of legal fighting ahead of a court hearing on Friday, two sources close to the matter said.
Battling slowing sales, insurer AIA hires new CEO from rival Ping An
Asia-focussed insurer AIA Group Ltd on Friday named a senior executive at Chinese rival Ping An Insurance Group Co as its chief executive officer to replace company veteran Ng Keng Hooi.
KKR reaches halfway in $3 billion Asia infrastructure fundraising: source
Global private equity group KKR & Co has raised $1.5 billion for its first Asia-focused infrastructure fund, roughly half the total targeted, one person with direct knowledge said. KKR began to target Asia’s infrastructure sector with a series of hires beginning about a year ago and launched its fundraising in 2019.
China’s Xi: Should strengthen communication with U.S. to avoid misjudgment – Xinhua
Chinese President Xi Jinping said on Friday that Beijing and Washington should strengthen communication on strategic issues in order to avoid misjudgment and misunderstanding, China’s official Xinhua News Agency reported.
