February 1, 2019

Go-Jek raises $1 billion in round led by Google, Tencent, JD

Indonesian ride-hailing firm Go-Jek has raised around $1 billion in a funding round, led by Alphabet Inc’s Google, JD.com Inc and Tencent Holdings, sources familiar with […]
February 1, 2019

Aeroplane parts maker FACC scouts for takeovers and ramps up Brexit production

Austrian aeroplane parts maker FACC is ready to spend 500 million euros ($572 million) on acquisitions to make it less dependent on suppliers, add new technologies […]
February 1, 2019

Weak China data pauses Fed-inspired rally in stocks

Global shares crept lower from their highest levels in two months on Friday as data showing shrinking factory activity in China dampened a rally that took […]
February 1, 2019

Sony’s profit disappoints as weaker games biz overshadows record result

Japan’s Sony Corp reported lower-than-expected profit on Friday as its previously thriving gaming business sagged, though a one-off gain related to its acquisition of EMI nevertheless […]
February 1, 2019

New e-commerce rules jolt Amazon.com in India as products vanish

India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery […]
February 1, 2019

Tesla begins sales of cheaper Model 3 car in China

U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as […]
February 1, 2019

Drill, China, drill: State majors step on the gas after Xi calls for energy security

China’s state energy giants are set to raise spending on domestic drilling this year to the highest levels since 2016, focusing on adding natural gas reserves […]
February 1, 2019

Factbox: China’s oil majors tap new discoveries as they step up drilling

China’s national oil companies are raising spending on domestic oil and gas drilling to the highest levels since 2016, responding to Beijing’s call to boost national […]
February 1, 2019

Some U.S. metals importers resigned to higher prices as Trump’s tariffs bite

U.S. metals importers that applied last year for exemptions from tariffs on steel and aluminum are losing hope the Commerce Department will approve their petitions, as […]
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