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Uber Eats goes local to find its niche in South African food fight

A stone's throw from Nelson Mandela's former home in South Africa's Soweto township, Dumile Badela's restaurant is now more hectic and lucrative than ever, thanks to Uber Eats, his hungriest customer yet.



5 years ago

Hyundai, Kia sales drop to seven-year low on China weakness, forecast better 2020

South Korea's Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as business in China slumped, missing their target for a fifth straight time, but forecast better numbers for 2020.



5 years ago

Turkey detains several over Ghosn's transit through Istanbul: NTV

Turkish police have detained several people after the interior ministry launched a probe into the transit of ousted Nissan boss Carlos Ghosn, who after fleeing Japan stopped in Turkey on his way to Lebanon, broadcaster NTV said on Thursday.



5 years ago

Germany's Bosch to offer lower-cost sensors for self-driving cars

German automotive supplier Robert Bosch said Thursday it has developed a sensor that lets cars "see" a three-dimensional view of the road, aiming to lower the cost of technology that could speed the development of self-driving vehicles.



5 years ago

Oil starts new year higher on trade optimism, Middle East tensions

Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fueled worries about supply.



5 years ago

Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows.



5 years ago

Trial delay helped to push Ghosn to flee Japan: sources

Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning that his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn said on Thursday.



5 years ago

Turkey detains pilots over Ghosn's escape through Istanbul: NTV

Turkish police detained seven people including four pilots on Thursday in an investigation of how ousted Nissan boss Carlos Ghosn touched down in Istanbul as he fled Japan en route to Lebanon, according to broadcaster NTV.



5 years ago

Volkswagen starts settlement talks with German consumer groups over diesel scandal

Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW's diesel cars.



5 years ago

Turkish police detain four pilots over Ghosn's escape: NTV

Turkish police have detained seven people, including four pilots, over the transit of ousted Nissan boss Carlos Ghosn through Turkey after fleeing Japan on his way to Lebanon, broadcaster NTV said on Thursday.



5 years ago

Turkey detains pilots over Ghosn's escape through Istanbul

Turkish police detained seven people, including four pilots, on Thursday in an investigation into how ousted Nissan boss Carlos Ghosn transited through Istanbul en route to Lebanon after fleeing Japan, a police spokeswoman told Reuters.



5 years ago

Oil starts 2020 higher on trade optimism, Mideast tensions

Oil prices rose to begin the new year on Thursday buoyed by signs of improving trade relations between the United States and China which eased demand concerns and rising tensions in the Middle East.



5 years ago

New year cheer for stocks as rally rumbles on

World stock markets began the new year with a shot of Chinese stimulus, ensuring there was no immediate hangover after the gains of 2019.



5 years ago

Tesla says will start delivering China-made Model 3s to public on January 7

Tesla Inc will deliver its first Chinese made Model 3 sedans to the public on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday.



5 years ago

Dollar snaps six-day losing streak, yuan shrugs off PBOC cash injection

The dollar snapped a six-day losing streak to add 0.2% on Thursday, the first trading day of 2020, pushing the euro off five-month highs while the offshore yuan shrugged off reserve ratio cuts that could add $115 billion worth of liquidity.



5 years ago