Tesla resumes tree cutting in Germany to build Gigafactory
Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation.
Deere & Co reports unexpected rise in first-quarter profits
Deere & Co on Friday reported an unexpected rise in first-quarter profits, helped by early signs of stabilization in the U.S. farm sector.
Inside the Philip Morris campaign to ‘normalize’ a tobacco device
At Germany’s Bambi Awards for the media industry in November, celebrities posed for red-carpet photos against a backdrop of established luxury brands. Alongside the likes of Mercedes-Benz and Swiss watchmaker Chopard was a newer name: IQOS, a “reduced …
Global telcos join Alphabet, SoftBank’s flying cellphone antenna lobbying effort
Alphabet and SoftBank’s attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energizing lobbying efforts aimed at driving regulatory approval for the emerging technology.
Oil falls 2% on renewed uncertainties over coronavirus outbreak
Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian economic data fuelled uncertainty about the economic outlook and as major crude producers showed no rush to cut output.
Deere & Co reports unexpected rise in quarterly profits
Deere & Co on Friday reported an unexpected rise in profits in the first quarter, helped by early signs of stabilization in the U.S. farm sector.
Daimler warns of “significant adverse effects” of virus outbreak
German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in China and around the world.
Stocks head for worst week in four as coronavirus spreads
Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of bonds and gold, with coronavirus cases in China and elsewhere spreading.
Tod’s sees Coronavirus hit after ‘excellent’ start to 2020, pickup in six weeks
Italian luxury leather goods maker Tod’s made an “excellent” start to 2020 before the coronavirus hit sales but the situation could start to improve in the next few weeks, Chairman Diego Della Valle said on Friday.
China firms in $10 billion share sale rush as funding rules eased amid virus worries
Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus.
