U.S. safety regulator probes fires in some Ford pickup trucks
U.S. traffic safety regulator is investigating complaints of fire during crashes in some Ford Motor Co F-150 Supercrew pickup trucks linked to a seat belt component.
Fox posts offer document for Sky deal
Twenty-First Century Fox Inc on Tuesday posted an offer document and form of acceptance for its 14 pounds a share offer to buy UK’s Sky on Tuesday.
Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source
Public Investment Fund, Saudi Arabia’s sovereign wealth fund, has bought a minority stake in Tesla at just below 5 percent, a source familiar with the matter said on Tuesday.
S&P nears record as bank, tech stocks climb
The S&P 500 index hovered near record levels on Tuesday, lifted by gains in bank and technology shares, with a strong second-quarter earnings season fueling optimism about the strength in the U.S. economy.
Elon Musk considers taking Tesla private
Elon Musk is considering taking Tesla Inc private, the chief executive officer of the electric car maker tweeted on Tuesday.
Saudi sovereign fund builds 3 to 5 percent stake in Tesla: FT
Saudi Arabia’s sovereign wealth fund, overseen by Crown Prince Mohammed bin Salman, has built a significant stake in Tesla Inc, the Financial Times reported on Tuesday, citing people with direct knowledge of the matter.
BMW recalls 324,000 cars in Europe after Korean engine fires: FAZ
German luxury carmaker BMW is recalling about 324,000 diesel vehicles in Europe to fix a technical fault that has caused engine fires in South Korea, German newspaper Frankfurter Allgemeine Zeitung (FAZ) said.
U.S. job openings hover at record highs in June
U.S. job openings held near record highs in June amid a modest decline in hiring, pointing to further tightening labor market conditions, which economists hope will soon spur faster wage growth.
S&P closes in on record as tech stocks climb
The benchmark S&P 500 was within striking distance of a record high on Tuesday, powered by gains in technology stocks, with a strong second-quarter earnings season fueling optimism about the strength in the U.S. economy.
China’s HNA to sell over $2 billion Avolon stake to Orix: sources
China’s HNA Group Co Ltd is in advanced talks to sell a 30 percent stake in aircraft lessor Avolon Holdings Ltd to Japan’s Orix Corp , two sources said, as the company attempts to restructure and trim stakes even in its core assets.
