The stresses of China's COVID-19 lockdown and postponed installation of new facilities are expected to show up in Tesla Inc's second-quarter results on Wednesday. Investors want to know if the year will end on a high note.   Tesla has begun layoffs, as planned by CEO Elon Musk, who stated in...

According to a court filing, Twitter Inc accused Elon Musk of attempting to "slow walk" the company's case to make him accountable for his $44 billion takeover and demanded a September trial to ensure deal financing remains in place.   "Millions of Twitter shares trade daily under a cloud of...

According to persons familiar with the situation, Chinese authorities are planning to punish Didi Global more than $1 billion, putting an end to an investigation into the firm's cybersecurity procedures.   According to the sources, the fine would be over 8 billion yuan ($1.28 billion),...

Goldman Sachs Group Inc reported a smaller-than-expected 48 per cent drop in second-quarter earnings on Monday, buoyed by gains in fixed-income trading as investors realigned their bets despite volatile market conditions.   The global markets unit, which includes Goldman's trading desks,...

In an interview with Reuters, Microsoft Corp. President Brad Smith said that the United States is entering a "new epoch" in which fewer people are joining the labour and the demand to pay higher wages may become permanent.   Smith noted one source of today's "increased economic volatility"...

At Sainsbury's annual general meeting earlier this week, shareholders of the company voted to prevent a special resolution calling for Britain's second-largest supermarket firm to pledge to paying the so-called real Living Wage to all employees by July 2023.   According to the...

Three organisations have filed a criminal complaint with Swiss federal prosecutors, alleging that UBS failed to exercise due diligence in respect to cash received by an accused associate of former Congolese President Joseph Kabila.   The case, filed jointly by the Swiss campaign group Public...

Tesco and Heinz have achieved a deal that will see some of the UK's most well-known goods return to Tesco's shelves in the coming days. Heinz beans and tomato ketchup were among the items that had vanished from Tesco's shelves due to a pricing dispute.   Tesco declined to disclose whether...

Elon Musk, Tesla's CEO and the world's richest person, announced on Friday that he was cancelling his $44 billion proposal to buy Twitter because the social media business violated multiple clauses of the merger agreement.   Bret Taylor, Twitter's chairman, stated on the microblogging...

Mahindra and Mahindra Ltd and British International Investment (BII) will each invest up to $250 million in the automaker's new electric car segment, valued at $9.1 billion, sending Indian shares jumping on Friday.   BII will own 4.8 per cent of the company, which will specialise on...

Tesla scored its greatest monthly sales of China-made automobiles in June since opening its Shanghai facility in 2019, according to data released on Friday, as the American automaker ramped up output that had been impacted by the city's COVID-19 lockdown.   According to the China Passenger...