Tesla names director Denholm as chair after Musk rows
Tesla Inc director Robyn Denholm, a telecoms executive who has worked for Toyota, has been promoted to chairwoman of the electric car company, tasked with regulating billionaire Elon Musk’s regime after months of turbulence which have worried Wall Stre…
Futures dip after election surge, Fed meet in focus
U.S. stock index futures fell on Thursday following a Wall Street rally in the previous session that was spurred by relief after the midterm elections, with investor focus shifting to the Federal Reserve’s interest rate decision.
World stocks score longest winning run of 2018 ahead of Fed
World stocks scored an eighth straight session of gains and their longest winning streak of the year on Thursday, as reassuring trade data from China kept the previous day’s post-U.S. mid-terms risk rally rolling.
D.R. Horton says rising prices weighing on housing demand
D.R. Horton Inc , the largest U.S. homebuilder, said on Thursday rising home prices and higher mortgage rates were weighing on demand, particularly for expensive homes.
Renault-Nissan boosts French investment with new vans
France’s Renault said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of the three-way carmaking alliance with government backing.
Respect our choices, China’s Xi says ahead of Trump G20 meeting
China wants to resolve problems with the United States through talks but it must respect China’s choice of development path and interests, President Xi Jinping said on Thursday ahead of a meeting with the U.S. leader in Argentina.
VW denies report it may cover full cost of diesel retrofits
A spokesman for Volkswagen on Thursday denied a media report that said the carmaker was prepared to fully cover the costs of diesel hardware retrofits, which would come in at 3,000 euros ($3,426.30) per vehicle.
Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies
The new Democrat majority in the U.S. House of Representatives is likely to back President Donald Trump’s trade war with China and could even egg him on, but will offer tougher scrutiny of his negotiations with allies, trade experts and lawmakers say.
VW denies report it has offered to fully cover costs of diesel hardware retrofits
A spokesman for Volkswagen on Thursday denied a media report that said the carmaker was prepared to fully cover the costs of diesel hardware retrofits, which would come in at 3,000 euros ($3,426.30) per vehicle.
India’s finance minister says Mastercard, Visa losing out to local players
India’s finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Indian Prime Minister Narendra Modi was using nationalism to pro…
