January 9, 2020

Chairman Mao’s favored Red Flag carmaker eyes 1 million customers by 2030

China’s FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong’s carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year […]
January 9, 2020

Asian shares erase losses as Mideast tensions ease, oil ticks up

Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle […]
January 9, 2020

Deere bets on cost cuts, services push to boost profits

Deere & Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more […]
January 9, 2020

Oil dives as U.S., Iran tensions ease and on U.S. crude build

Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack […]
January 8, 2020

Uber stops upfront ride pricing in response to California worker law

Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response […]
January 8, 2020

Tesla’s market value zooms past that of GM and Ford – combined

For the first time, Tesla Inc’s stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co . Powered by WPeMatico
January 8, 2020

Walmart opened 134 stores in Mexico in 2019, biggest expansion in six years

Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly […]
January 8, 2020

Wall Street rises but ends well off day’s highs amid renewed Middle East jitters

U.S. stocks ended higher on Wednesday, but the day’s uneven path showed investors’ sensitivity to any signs of turmoil in the Middle East, with stocks rising […]
January 8, 2020

U.S. outlines strong support for self-driving cars at CES

The Trump administration on Wednesday signaled strong support for self-driving vehicles as it released new guidance from federal agencies at the annual CES tech conference. Powered […]
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