But let's unpack, briefly, what might be going on with these Teslas-and why there isn't necessarily cause to worry just yet. A Tesla Model S suddenly caught fire in a parking lot at San Po Kong P...

Earlier today, the Wespac-Melbourne Institute Index of Consumer Sentiment rose 0.6% to 101.3 in May from 100.7 in April. Better than expected USA economic data helped the greenback to rally against ...

Other European airlines have painted a similarly gloomy picture, with Lufthansa recently announcing it was halting capacity expansion at its low-priced carrier Eurowings. Reflecting the increase in ...

LGIM, which manages more than 1 trillion pounds in assets, is the 11th biggest investor in Metro Bank, data from Refinitiv showed. Metro Bank is profitable and continues to have adequate capital and l...

The loss after tax, after a writedown of £1.1 billion, compared with a net loss of £254 million in the first half of its 2017/18 financial year. Thomas Cook is slashing costs further in the second...

It's worth noting that the two other big players in this space- Ericsson and Nokia - aren't American companies. Shares in other U.S. chipmakers that supply to Huawei - including Qorvo, Skyworks Solu...

Iron ore prices across the Chinese markets rose on Thursday, bolstered by robust demand, as decent profit margins drove steelmakers to swing into high gear. Brazil's Vale's warning that a tailings da...

Given the current macro conditions, tighter government scrutiny on content, cutbacks from the (venture capital) community, and so forth, we are taking a cautious view that online marketing in the near...

The stock opened at $25, well above its IPO price of $17. The stock finished its first day at $20.38. It is a true coffee shop where people can gather. Luckin counts Centurium Capital, founded by form...

The taxi is powered by 36 electric motors that allow it to take-off and land vertically. "Today we are taking another huge step towards making urban air mobility a reality", Lilium co-founder and CE...

The commission said the banks colluded on trading strategies to rig the spot foreign exchange market for 11 currencies . A spokesperson for MUFG Bank said: "The European Commission has found that t...

An ad for betting firm William Hill seen on the dating app Tinder has been banned for linking gambling to sexual success. The complainant raised the issue that William Hill's message was in ...

Tesla shares closed at the lowest level in nearly 2 1/2 years after Elon Musk called for a " hardcore " review of all the electric-car maker's expenses and an analyst warned of potentially severe f...

Years of research show that it's nearly impossible for drivers to always leap into action in an emergency if their car is automating the main driving tasks, such as steering and speed control, said Ke...

Around 3:15 p.m. Tuesday, the same woman is suspected of carrying a 4- year-old boy out of the McDonald's at 1310 E. Olympic Blvd.in downtown Los Angeles , according to the LAPD. Detectives are worki...

The administration blamed Chinese overproduction for depressing global steel and aluminum prices, driving many USA mills out of business. Chief Cabinet Secretary Yoshihide Suga noted Thursday that w...

Around half of Walmart's sales are groceries, which are not expected to see price impacts due to the fact that most are domestically sourced. The nonpartisan Tax Foundation says that if all tari...

Taco Bell, a Southern California-based brand founded by Glen Bell in 1962, chose iconic Palm Springs as the ideal resort destination for its next hospitality venture. The city's attempt to get more in...

Food and Drug Administration officials recalled several types of tattoo ink this week over worries that they could be contaminated with risky bacteria. Anyone who has gotten or plans to get a tatto...

Rowe Price, Fidelity Management, and Greenoaks in its latest round of fundraising. The retail giant had faced tough competition from Just Eat and Deliveroo as well as taxi firm Uber, which launched ...

According to the Office for National Statistics , unemployment in the United Kingdom as a whole fell by 65,000 during the latest quarter to 1.3 million, continuing a general trend which started in ea...

NextDay delivery service now is available first to Walmart customers in Phoenix and Las Vegas, and there are plans to expand to southern California in coming days. Cut-off times vary by location. Th...

But that product has been far slower to reach the market than promised, and Panasonic is shipping most of the cells originally intended for the Solar Roof to customers overseas. By that time, Tesla ...

Its prowess has already attracted a 10% ownership stake from Porsche , which just happens to be part of the Volkswagen Group. Hyundai Motor Group will leverage the partnership to build on its exi...

The company has launched a new preference in the app that allows you to specify what level of chattiness you desire during an Uber ride. "If you need to respond to emails or are in the mood for ...

But the question was ducked by Powell in a news conference. "The current outlook for inflation appears to be benign", she said. President Donald Trump called on the Federal Reserve to "match" what...

Arriva, owned by Germany's state-backed Deutsche Bahn, is suing the government after it lost its bid to run the franchise , which was awarded to Abellio in April, and has demanded more information on...

Up to Friday's close, WestJet shares had fallen 5.5% in the last 12 months while Air Canada shares gained 58%. WestJet was founded in 1996 as a low-priced carrier that now flies about 180 planes to ...

Trump on Monday said that his administration was planning to provide about $15 billion in aid to help US farmers whose products were targeted by Chinese retaliatory tariffs. On Wall Street, futures f...

This could occur if traders interpret the data with the perspective that the Chinese economy may not have a sense of urgency to land a deal with the US. So, when it wants to manipulate it can devalue ...

The departure of Chief Executive Vinay Dube comes hard on the heels of the resignation of Chief Financial Officer Amit Agarwal , announced earlier in the day. Having run out of cash, Jet Airways susp...

Rob Portman, who served as the nation's top trade negotiator during George W. Bush's presidential administration, warned Tuesday that the tariff war President Donald Trump is waging against China ...

Beijing said its response was targeting "U.S. unilateralism and trade protectionism". Tariff increases already in place have disrupted trade in American soybeans and Chinese medical equipment. The U...

A hot potato: Following the daring rescue of 12 boys and their soccer coach from a Thai cave, Elon Musk called one of the cave divers " pedo guy " after his own plan to help was branded a "PR stunt...

As negotiations towards resolving the U.S. Trump believes he can force China to bend first because the Chinese economy has slowed in recent years. Diversifying into USA stocks, foreign stocks, and b...