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Musk suggests Tesla has 200,000 orders for Cybertruck

Tesla Inc Chief Executive Officer Elon Musk indicated in a tweet on Sunday that the electric carmaker received 200,000 orders for its electric pickup truck within three days of its launch.



5 years ago

China and U.S. 'very close' to phase one trade deal: Global Times

China and the United States are 'very close' to a phase one trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, said on Monday, discounting "negative" media reports.



5 years ago

China says it hopes U.S. will work on basis of equality in trade talks

China's foreign ministry said on Monday it hopes the United States will work with Beijing on a basis of equality and mutual respect on the ongoing bilateral trade negotiations.



5 years ago

LVMH agrees $16.2 billion deal for jeweler Tiffany

LVMH has agreed a $16.2 billion deal to buy U.S. jeweler Tiffany, Louis Vuitton's parent firm confirmed on Monday, in the luxury good maker's biggest purchase to date.



5 years ago

Just Eat advises shareholders not to accept Prosus offer

Britain's Just Eat advised shareholders not to accept a 710 pence-a-share cash offer from Prosus , saying it was inferior to its agreed deal with Takeaway.com to create the largest food delivery player outside China.



5 years ago

China's electric vehicle market to see sales rebound next year, executives say

China's new energy vehicle (NEV) market is likely to see a sales rebound next year as automakers roll out more new products to lure buyers, but more supportive government policies are needed, auto executives said.



5 years ago

Oil gains on U.S.-China trade talks optimism

Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their bitter trade war.



5 years ago

SoftBank-backed Paytm raises $1 billion in fresh funding

Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors including existing backers SoftBank's Vision Fund and China's Ant Financial Services in a deal valuing the firm at $16 billion.



5 years ago

Novartis takes on Sanofi, Amgen with $9.7 billion takeover of heart drug maker

Swiss drugmaker Novartis is betting on heart drug prospect inclisiran in a $9.7 billion takeover of The Medicines Co as it challenges cardiovascular medicines from Amgen Inc , Sanofi and Regeneron Pharmaceuticals .



5 years ago

LVMH to buy U.S. jeweler Tiffany for $16.2 billion

Louis Vuitton owner LVMH has agreed to buy U.S. jeweler Tiffany for $16.2 billion in the luxury goods maker's biggest acquisition to date.



5 years ago

Uber's London license hangs in the balance on expiry day

London's transport regulator said on Monday it has yet to decide on whether to renew Uber's operating license in the city after a media report said the taxi app would lose its right to take rides in Britain's capital.



5 years ago

Trade optimism lifts world shares

World shares staged a cautious rally on Monday as investors held out for some progress in U.S.-China trade talks, while the dollar dipped after its latest rally on the back of strong U.S. economic data.



5 years ago

LVMH aims to restore Tiffany's sparkle with $16.2 billion takeover

Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet as the French luxury goods maker bets it can restore the iconic U.S. jeweler's luster.



5 years ago

'Unfit' Uber stripped of London license after safety failures

Uber was stripped of its London operating license on Monday for the second time in just over two years after the city's regulator said a "pattern of failures" on safety and security meant the taxi app was not fit and proper.



5 years ago

LVMH swoop on Tiffany will boost operating profits: Chairman

Acquiring Tiffany will lift LVMH's operating profits by 500 million to 600 million euros ($661.32 million) in the first 12 months, the luxury goods group's Chairman and Chief Executive Bernard Arnault said on Monday.



5 years ago