December 6, 2019

Jurors expected to begin deliberating in Elon Musk defamation trial

Jurors were expected to begin deliberating in Los Angeles on Friday in the lawsuit brought against Elon Musk by a British cave explorer who says the […]
December 6, 2019

Saudi, Russia look to seal deeper output cuts with oil producers

By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin Powered by WPeMatico
December 6, 2019

SoftBank’s Son cleaves to gut-led investing in chat with Alibaba’s Ma

Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion […]
December 6, 2019

China-made Tesla cars recommended for Chinese subsidies: ministry

China’s Industry Ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, according to […]
December 6, 2019

Phoenix to buy Swiss Re’s ReAssure unit for $4.1 billion

Insurance group Phoenix Group Holdings said it had agreed to buy the British unit of Swiss Re AG for 3.2 billion pounds ($4.1 billion) in cash […]
December 6, 2019

JPMorgan banker testifying for cartel prosecutors says there was no agreement

A prosecution witness in an Australian criminal cartel case against Citigroup Inc and Deutsche Bank AG said on Friday that the banks never colluded, but that […]
December 6, 2019

Italy’s Atlantia interested in relaunch not rescue of Alitalia: paper

Italy’s Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia [CAITLA.UL], the chairman of the infrastructure group said in […]
December 6, 2019

Indonesia fines Garuda after CEO fired over smuggled Harley Davidson

Indonesia will fine flag carrier PT Garuda Indonesia for violating aviation rules after its chief executive was accused of smuggling a Harley Davidson motorbike onboard a […]
December 6, 2019

Asian shares up as trade optimism lingers, oil firm on OPEC+ output cut

Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were “moving right along”, and U.S. oil […]
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