Tesla says it has no agreement with Chinese battery maker Lishen
Tesla Inc denied on Tuesday that it had signed a preliminary agreement with Tianjin Lishen to supply batteries for its new Shanghai car factory, saying it had received quotes from the Chinese battery maker but did not proceed further.
Oil prices fall 1 percent as China warns of job losses, Korea growth stalls
Oil prices fell by around one percent on Tuesday as signs of a spreading global economic slowdown stoked concerns over future fuel demand.
UBS posts fourth-quarter pre-tax profit miss, sees bumpy road ahead
UBS on Tuesday posted a $862 million fourth-quarter pre-tax profit, hit by a slowdown in its flagship wealth management business and weaker earnings in its investment bank.
Asian shares, oil skid on global growth worries
Asian shares stumbled and oil prices fell on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling ticked lower in the face of the latest twists and turns in the Brexit saga.
As China’s economy falters, some fund managers look to bonds
Despite mounting signs of a Chinese economic slowdown, 2019 is off to a good start for fund manager Du Zhenye.
China’s fourth quarter GDP growth dented by services, agriculture despite construction rebound
Weakness in the service and farm sectors slowed China’s economic growth in the fourth quarter, despite a strong pickup in construction activity, official data showed on Tuesday.
Exclusive: Tesla in talks with China’s Lishen over Shanghai battery contract – sources
Tesla Inc has signed a preliminary agreement with China’s Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan’s Panasonic , two sources with direct knowledge of the matter said.
Oil prices fall as economic growth worries spread
Oil prices fell on Tuesday as signs of a spreading global economic slowdown stoked concerns over future fuel demand.
Tokyo court denies latest bail request of Nissan’s Ghosn
Carlos Ghosn’s latest request for bail was rejected by a Tokyo court on Tuesday, despite the ousted Nissan chairman offering to wear an electronic ankle tag in an unusual bid to win release after two months of detention for alleged financial crimes.
Asian shares, U.S. stock futures dented by growth worries
Asian shares and U.S. stock futures slipped on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress.
