Tesla steps up auto service as Model 3 debut nears
SAN FRANCISCO (Reuters) – Tesla Inc said it is expanding its auto service centers and adding 350 mobile service vans as it gears up to support its Model 3 sedan, a mass-market car that is expected to drive a 500 percent increase in the electric car co…
BlackRock takes options to calm Brexit nerves despite pound positivity
LONDON (Reuters) – BlackRock, the world’s biggest asset manager, is taking some exposure to the pound through options markets for fear of what months of messy Brexit talks may bring, although it maintains the currency is fairly valued.
Siemens says Crimea turbines claims only against TPE
MOSCOW/FRANKFURT (Reuters) – German engineering firm Siemens has filed lawsuits against a Russian state firm to which it sold turbines, while a Russian Siemens joint venture was only named in court documents for technical reasons, a Siemens spokesman …
Audi seeks to eclipse emissions scandal with new technology-packed A8 car
BARCELONA (Reuters) – Battered by its emissions scandal, Audi launched its latest technology-packed A8 luxury saloon on Tuesday, aimed at overtaking rivals Mercedes-Benz and BMW as it struggles to overcome its biggest-ever corporate crisis.
Wall Street ends flat as politics drive stocks
NEW YORK (Reuters) – U.S. stocks ended little changed on Tuesday in a session marked by knee-jerk reactions to events in Washington that drove investors to first worry then hope about prospects for the Trump administration’s economic agenda.
Sunac China’s shares soar as $9.3 billion Wanda property deal seen as positive
HONG KONG (Reuters) – Sunac China Holdings’s planned $9.3 billion deal to buy Dalian Wanda’s tourism projects and hotels is a bargain even though it could become China’s most indebted developer, analysts said, a view that sent Sunac shares up nearly 1…
JP Morgan CEO says ops could be in several EU countries post-Brexit
PARIS (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon said on Tuesday the bank would probably use Frankfurt as the legal domicile of its European operations after Brexit, though jobs could be put elsewhere as well.
Higher prices, healthier snacks drive PepsiCo profit beat
(Reuters) – PepsiCo Inc’s second-quarter profit topped estimates, as the company sold more higher-margin healthier foods such as baked chips and raised prices on its drinks in North America.
HSBC CEO confirms possible ‘hard’ Brexit plan to move 1,000 jobs to Paris
PARIS (Reuters) – HSBC Chief Executive Stuart Gulliver confirmed on Tuesday possible plans to move 1,000 jobs from Britain to Paris in case of a so-called ‘hard’ Brexit, and said recent reforms from the French government would be positive, if enacted….
U.S. small-business optimism dips in June, remains near high
(Reuters) – A gauge of U.S. small-business confidence fell in June as business owners expressed frustration over gridlock in Washington, according to a National Federation of Independent Business report released on Tuesday.
