Ford to launch new basic SUV as part of China revival effort
Ford Motor said on Wednesday it will launch in China early next year a new “entry-level” sport utility vehicle developed jointly with a local partner, as the U.S. automaker attempts to revive its slumping business in the world’s biggest auto market.
Inside Tesla’s troubled New York solar factory
Tesla Inc’s production of solar roof tiles has been delayed by assembly-line problems at its new publicly subsidized factory and difficulties producing a product that satisfies the aesthetic demands of CEO Elon Musk, eight former and current employees of both companies told Reuters.
Elon Musk’s Tesla buyout would reengineer take-private deals
Billionaire investor Elon Musk has always done things his own way, from designing space rockets to manufacturing electric cars. Now the Tesla Inc CEO is looking to reengineer how a company can be taken private.
China July coal imports highest in years as heatwave fuels demand
China increased its coal imports in July by 14 percent to their highest in 4-1/2 years, official data showed on Wednesday, as rising temperatures boosted demand for coal-fired power to run air conditioners in the world’s top buyer of the fuel.
Old-line Kroger shows new moves in grocery delivery drive
Kroger Co , the nation’s biggest supermarket chain, whose founder delivered groceries by horse and buggy, is using a different kind of horsepower in its race with online grocery sellers.
Chinese exports accelerate as U.S. prepares new tariffs in heated row
China’s exports surged more than expected in July despite fresh U.S. duties and its closely watched surplus with the United States remained near record highs, as Washington finalised its new tariff list in a bitter dispute that some fear could derail g…
Undeterred by taxes, IKEA puts together cheap India pricing
IKEA will do things differently in India after it opens its first store in the nation on Thursday, as it deals with higher taxes on imported goods and looks to woo cost-conscious shoppers unaccustomed to the company’s DIY furniture assembly style.
China Tower ends flat in HK debut morning as weak mood weighs on biggest IPO in two years
China Tower Corp Ltd’s shares were little changed on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment toward the world’s biggest initial public offering (IPO) in two years.
China’s July exports rise more than expected despite U.S. tariffs
China’s exports growth unexpectedly accelerated in July despite fresh U.S. tariffs, while its trade surplus with the United States remained near record highs as Beijing and Washington ramped up a bitter dispute that has rattled financial markets.
Instant View: China’s copper, coal, oil and iron ore imports rise in July
China’s imports of copper, iron ore, coal and oil rose in July from the previous month, customs data showed on Wednesday, but soy imports dipped.
