Hyundai Motor Group to invest $35 billion in future automotive tech
Hyundai Motor Group said on Tuesday that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as...
Solar powered cars set off for Australia’s outback race
More than 40 racing teams from 21 countries left Darwin on Sunday to race across Australia to the southern city of Adelaide in the world’s...
WeWork prefers JPMorgan’s financing package over SoftBank’s control: Bloomberg
Shared office space company WeWork prefers the option of a near $5 billion financing package led by JPMorgan Chase & Co to selling a controlling...
Faraday Future founder files for bankruptcy to repay personal debts
Faraday Future founder and Chief Executive Officer Jia Yueting has filed for bankruptcy in the United States and plans to turn over his stake in...
Facebook’s Libra support shrinks further as Priceline owner jumps ship
Facebook Inc’s Libra cryptocurrency faced a pivotal meeting of backers on Monday, after the ambitious project to bring digital coins into mainstream commerce suffered another...
Harley-Davidson halts electric motorcycle production
Harley-Davidson Inc said on Monday it has stopped production of its first electric motorcycle after discovering a glitch in the final quality checks....
China’s Huawei says open to ‘no backdoor’ agreement with India
China’s Huawei Technologies is ready to enter into a “no backdoor” agreement with India to allay security concerns, the telecom group’s local head said on...
Google’s fight against EU antitrust fine to be heard February 12-14 at EU court
Alphabet unit Google’s fight against a 2.4-billion-euro ($2.64 billion) EU antitrust fine will be played out over three days in February 2020 at Europe’s second-highest...
Google enables debit card payments in Brazil
Alphabet Inc’s Google on Monday launched a debit card payment function in Brazil through Google Pay, to boost use of its Android smartphones....
Italy readies ‘web tax’ in its 2020 budget: sources
Italy is readying a new tax on digital companies in its 2020 budget, as it seeks alternative revenues that will allow it to scrap a...