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Uber stops upfront ride pricing in response to California worker law

Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response to a new law that makes it harder to qualify its drivers as contractors.



5 years ago

Tesla's market value zooms past that of GM and Ford - combined

For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .



5 years ago

Walmart opened 134 stores in Mexico in 2019, biggest expansion in six years

Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly 5%, the retailer said Wednesday.



5 years ago

Japan justice minister calls Ghosn's accusations 'absolutely intolerable'

Carlos Ghosn's accusations against Japan's legal system are "absolutely intolerable", Justice Minister Masako Mori said on Thursday, firing back at the auto executive-turned-fugitive shortly after his highly anticipated media appearance in Beirut.



5 years ago

Asian stocks rally as Mideast tensions ease, oil retreats

Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safety plays.



5 years ago

Asian shares erase losses as Mideast tensions ease, oil ticks up

Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle East and investors unwound safety plays.



5 years ago

Japan minister launches counterattack after Ghosn blasts justice system

Japan's justice minister launched a rare and forceful public takedown of auto executive-turned-fugitive Carlos Ghosn after he blasted the country's legal system as allowing him "zero chance" of a fair trial as he sought to justify his escape to Beirut.



5 years ago

Samsung sets up anti-corruption panel as chief faces trials

South Korea's Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye, has appointed external experts to a new oversight panel to stamp out criminal conduct, the chief of the committee said on Thursday.



5 years ago

Oil rises after Baghdad rocket attack jangles nerves

Oil prices climbed on Thursday after a rocket attack on Baghdad triggered fresh concern over the potential for conflict in the Middle East, a day after markets were roiled by an Iranian missile strike on Iraqi bases hosting U.S. forces.



5 years ago

Luckin Coffee seeks more of China market with new vending machine business

Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores.



5 years ago

Carmaker Rolls-Royce annual sales surge 25%

Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its first-ever SUV, Cullinan, just a year after the launch.



5 years ago

Asia stocks rally, oil skids as investors reassess Mideast risk

Asian shares rebounded on Tuesday as investors' reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed.



5 years ago

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 stopping short of spelling out what Tokyo was seeking from local authorities.



5 years ago

Oil skids 1.5% as investors recalibrate risk of Mideast disruption

Oil prices slid on Tuesday as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.



5 years ago

Tesla starts work on Model Y program at Shanghai factory

U.S. electric vehicle maker Tesla Inc on Tuesday officially started work on a Model Y program at its $2 billion Shanghai factory, in a ceremony attended by its billionaire CEO Elon Musk and senior Shanghai government officials.



5 years ago