January 7, 2020

Facebook defies China headwinds with new ad sales push

Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the […]
January 7, 2020

South Korea’s LG Display to end domestic production of LCD TV panels by end of 2020

South Korean panel maker LG Display Co Ltd will halt domestic production of liquid-crystal display (LCD) TV panels by the end of this year, its chief […]
January 7, 2020

Stocks steady, oil cools as U.S.-Iran tensions ease

World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged prospects of an all-out conflict between […]
January 7, 2020

Tesla starts work on building Model Y SUVs at Shanghai factory

U.S. electric car maker Tesla Inc said it has started work on building Model Y electric sports utility vehicles (SUV) at its $2 billion Shanghai factory, […]
January 7, 2020

Japan to do utmost to have Ghosn return for trial: ministry official

Japanese legal officials are poring over Lebanese laws in a bid to find a way to return ex-Nissan boss Carlos Ghosn to Japan, a Ministry of […]
January 7, 2020

Japan says it has sought help from Lebanon over fugitive Ghosn

Japan has asked Lebanon for help regarding Carlos Ghosn, a top Japanese official said on Tuesday, calling the former auto executive’s escape to Beirut “regrettable” but […]
January 7, 2020

Explainer: Ghosn to ‘speak freely’ after his escape; what’s in store?

Ousted Nissan Motor Co Ltd boss Carlos Ghosn is set to hold on Wednesday his first live news conference since his arrest in November 2018 on […]
January 7, 2020

Daimler sued for $1 billion in German court over diesel cheating

Investors have sued Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating […]
January 7, 2020

Volkswagen seeks damages from Prevent in ongoing legal dispute

Volkswagen is seeking more than 100 million euros ($112 million) in damages from former supplier Prevent, it said on Tuesday, adding it had filed a first […]
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