Tesla starts selling China-made Model 3 with autopilot function
U.S. electric vehicle maker Tesla on Friday started selling its China-made Model 3 with an autopilot function priced from 355,800 yuan ($50,310), making it the company’s cheapest model on sale in the country, the official website showed.
China to ask U.S. to remove tariffs in exchange for ag buys in talks Friday: sources
Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told …
Asian shares, sterling falter as Brexit, growth anxiety sap confidence
Asian shares wobbled on Friday as investors were reluctant to make big bets ahead of key central bank policy meetings next week against the backdrop of slowing global growth, while sterling extended its slide on a fresh bout of Brexit anxiety.
Indonesia’s report on 737 MAX crash recommends redesign, better training
Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing 737 MAX crash, according to a copy of a final report seen by Reuters….
Oil drops after three-day rally amid economic growth concerns
Oil prices declined on Friday after three straight days of gains, as gloomy economic growth forecasts renewed concerns over the outlook for demand.
South Korea grounds nine Boeing 737 NG planes with cracks
South Korea’s transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs.
Judge asks Samsung heir to be humble at bribery trial
A South Korean judge overseeing Samsung Group heir Jay Y. Lee’s bribery trial told him on Friday to “humbly accept” whatever the outcome of the trial, which could result in a tougher sentence for the conglomerate’s de-facto leader.
Citi names Fraser as president, putting her in line to be first female CEO
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the first female chief executive of the U.S. bank.
Samsung heir appears at court for his bribery trial
Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a tougher sentence after South Korea’s top court ordered a review of his graft case.
Oil retreats after three-day rally on renewed demand, economic growth concerns
Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic growth forecasts.