Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc's autonomous driving venture Waymo to say it has done so.
WeWork China has set out ambitious revenue goals for 2020 even though it faces staff cutbacks and weak occupancy numbers at its properties across China, sources familiar with the matter said, citing targets announced by the division's general manager at an internal meeting in Shanghai on Wednesday.
Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going "very well" and a news report suggested key differences were being ironed out.
Saudi Aramco's bookrunners have recommended the oil giant should price its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said, potentially making it the world's biggest IPO.
Swiss cocoa products maker Barry Callebaut said on Tuesday that 26% of the farmer groups from which it sourced products in 2018/2019 had programs to prevent child labor,
Low-cost airline Ryanair trimmed its passenger traffic forecast on Wednesday, saying it would cut summer capacity and an unspecified number of jobs as a result of further delays in returning Boeing's grounded 737 Max aircraft to service.
U.S. services sector activity slowed more than expected in November amid lingering concerns about trade tensions and worker shortages, which could revive fears about the economy's health.
From overall economic confidence to concerns about the potential impact of a Trump impeachment, Brexit and government shutdown, owners of businesses across the U.S. are deeply influenced by partisan politics, a new CNBC|SurveyMonkey analysis shows.
TechCrunch | Darrell Etherington | Dec 3, 2019 Canadian venture capital firm Portag3 Ventures has closed a second fund focused on investing in fintech startups, with final commitments from institutional and strategic LPs totally $427 million CAD (around $320 million USD). The fund will focus on early-stage investments, and it’ll look to invest in companies
Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles.
U.S. President Donald Trump said on Wednesday that Chinese telecommunication firm Huawei was a security risk after NATO said it needed secure next-generation 5G technology.
Here are the biggest calls on Wall Street on Wednesday.
U.S. President Donald Trump said on Wednesday that trade talks with China were going "very well," sounding more positive than on Tuesday when he said a trade deal might have to wait until after the 2020 U.S. presidential election.
Exercise bike and treadmill maker Peloton Interactive Inc's latest Christmas advertisement was widely criticized on social media as being "sexist" and "dystopian".
Wealthsimple | Isabelle Kirkwood | Dec 2, 2019 Toronto-based FinTech startup Wealthsimple is separating its direct to consumer and Wealthsimple for Advisors businesses and will transition the advisor-focused offering to a new company, BetaKit has learned. “We’re currently focused on identifying the right partner to support your business on a future platform.” Wealthsimple for Advisors