South African Airways signs wage deal with non-striking union
South African Airways (SAA) signed a deal on Friday with a union not involved in a strike that has crippled the heavily indebted carrier, giving its members a 5.9% pay rise backdated to April.
Mediaset and Vivendi fail to reach truce ahead of court hearing: sources
Italy’s Mediaset and France’s Vivendi failed to reach an out-of-court agreement to end years of legal disputes ahead of a court hearing scheduled on Friday, two sources close to the matter said.
Ford’s China JV with Changan to return to sales growth in 2020-president
Auto sales at Ford Motor Co’s China venture with Chongqing-based carmaker Changan are likely to turn positive next year, Changan’s president said on Friday.
Tesla’s electric pickup truck flouts convention with angular design and armored glass
Tesla Inc on Thursday unveiled its electric pickup truck with a futuristic angular body in gunmetal gray that looked like an armored vehicle, as the California company took aim at the heart of Detroit automakers’ profits.
China’s Xi says he wants to work out initial trade deal with U.S.
China wants to work out an initial trade pact with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is not afraid to retaliate when necessary.
Tesla unveils electric pickup truck, futuristic design ignites controversy
Tesla Inc on Thursday unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers’ profits.
Asian shares up from three-week lows, but trade worries linger
A broad gauge of Asian equities made a slight recovery on Friday from three-week lows hit the previous day, with gains limited by investors’ uncertainty over chances of China and the United States striking a preliminary deal soon to end their trade wa…
Board of Australia’s Westpac ‘unreservedly apologizes’ over money-laundering
The board of Australia’s second largest bank on Friday apologized unreservedly for 23 million breaches of money laundering laws, but stood by management despite pressure from politicians to review its leadership.
Charles Schwab in advanced talks to buy TD Ameritrade: source
Charles Schwab Corp is in advanced talks to acquire TD Ameritrade Holding Corp , a person familiar with the matter said on Thursday, in a deal that could exceed $26 billion and combine the two largest U.S. discount brokerages.
Tesla unveils first-ever electric pickup truck
Tesla Inc on Thursday unveiled its first pickup truck, delivering on a promise by Chief Executive Elon Musk to build an electric version of America’s favorite vehicle and one that threatens the heart of Detroit automakers’ profits.
