Lamborghini races after new customers with first SUV
MILAN (Reuters) – Lamborghini unveiled its first sport-utility vehicle (SUV) on Monday, as the Volkswagen-owned luxury sportscar brand strives to grab a share of a fast-growing market.
FTSE keeps Europe steady as sterling suffers Brexit blow
LONDON (Reuters) – European markets started firmly on Tuesday, as a hit to the pound from stalled Brexit talks lifted London’s FTSE and economic data pointed to the euro zone finishing the year strongly.
Japan Display affiliate becomes nation’s first to commercially sell OLED screens
TOKYO (Reuters) – An affiliate of Japan Display Inc sold its inaugural batch of OLED screens on Tuesday, becoming the first Japanese company to commercialize an advanced technology that is currently dominated by South Korean rivals.
Ford ramps up electric vehicle push in China amid slowing sales
SHANGHAI (Reuters) – Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the U.S. firm said at an event in Shanghai on Tuesday, as it looks to rev up sales growth in the market and shift towards cleaner elect…
China’s budding coffee culture propels Starbucks, attracts rivals
SHANGHAI/LOS ANGELES (Reuters) – In Wu Qiong’s small cafe in downtown Shanghai, coffee beans nestle in glass jars on the bar while various brews bubble away behind the counter.
Asian shares down as tech blues offset U.S. tax cut optimism
TOKYO (Reuters) – Asian shares dipped slightly on Tuesday as investors’ rotation out of technology shares took a toll on some of the region’s tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment.
Thyssenkrupp chairman rejects investor call for breakup: Handelsblatt
BERLIN (Reuters) – Thyssenkrupp Chairman Ulrich Lehner has rejected investor calls to break up the industrial group and backed top management’s plan to transform the firm into a technology group, Germany’s Handelsblatt reported, citing an interview.
Ford to launch 50 new vehicles in China by 2025
SHANGHAI (Reuters) – Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, Peter Fleet, head of Ford Asia Pacific, told a news conference on Tuesday.
GM puts an e-commerce marketplace in the dashboard
DETROIT (Reuters) – General Motors Co on Tuesday said it will equip newer cars with in-dash e-commerce technology, betting it can profit as drivers order food, find fuel or reserve hotel rooms by tapping icons on the dashboard screen, instead of using…
U.S. tax bill adds to debt need as interest costs weigh
(Reuters) – A U.S. tax overhaul will increase the government’s need to issue more Treasuries as interest costs on the country’s debt become a larger drain on the budget.
