Tesla Inc. Chief Executive Elon Musk on Sunday tweeted pictures of the first Model 3 sedan to roll off the assembly line. Tesla board member Ira Ehrenpreis was the first to put down a $1,000 deposit on the Model 3 …
China’s biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world’s No. 3 container shipping giant by acquiring rival Orient Overseas (International) Ltd. Shares in both companies surged Monday following the announcement of the $6.3 billion deal. A …
For a farmer in Brazil’s Amazon, Manoel Freire Camurca was doing pretty well for himself until a local power broker burned down his house and took the surrounding fields he had poured his life into. Camurca’s eviction eight months ago …
Top French company bosses who have for years lamented their country’s slow pace of reforms at an annual summer gathering in Provence offered glowing praise this year for the first steps taken by newly elected President Emmanuel Macron. Sixty days …
In 28 years in India’s pharmaceuticals sector, Rajiv Desai has never been busier. Most of the last six months on his desk calendar is marked green, indicating visits to the 12 plants of Lupin, India’s No. 2 drugmaker, where Desai …
Canadian lender Desjardins is considering no longer funding energy pipelines, a spokesman said Saturday, citing concerns about the impact such projects may have on the environment. Desjardins, the largest association of credit unions in North America, Friday temporarily suspended lending …
The G-20 summit of the world’s richest economies wrapped up Saturday against a backdrop of angry protests, and a pledge by leaders to fight protectionism in the face of U.S. President Donald Trump’s “America First” policy and Brexit. The U.S. …
Visiting Poland this week, U.S. President Donald Trump pledged to boost exports of American liquefied natural gas (LNG) to Central Europe and take on Russia’s stranglehold on energy supplies. “America stands ready to help Poland and other European nations diversify …
Visiting Poland this week, US President Donald Trump pledged to boost exports of American liquefied natural gas (LNG) to Central Europe, challenging Russia’s dominance of the market. Many European countries accuse Moscow of using energy as a political tool. As …
Job creation in the U.S. appears to have picked up speed, with employers adding 222,000 jobs last month. But the unemployment rate ticked higher as more Americans resumed their job search. That’s probably a good thing, according to some economists …
A jump in first-quarter trade between China and North Korea was “unexpected” and masks a declining trend, a state-run Chinese newspaper said Friday, after U.S. President Donald Trump denounced China’s trade with its isolated neighbor. Trade between China and North …
Britain will lose its status as Europe’s top financial center unless it keeps borders open to specialist staff, improves infrastructure and expands links with emerging economies, TheCityUK said in a report published Thursday. The report from Britain’s most powerful financial …
Bolstering flood defenses and moving families away from risky areas are high on the agenda for Argentina’s Santa Fe as the river port city looks to grow its economy and improve its infrastructure under a new urban plan. The inland …
The global economic recovery “remains on track,” according to the International Monetary Fund, but other experts say advanced economies are in for a period of slow growth. The IMF study is published as leaders from the G-20, the world’s major …
Almost a year after the Rio de Janeiro Olympics, Brazilian organizers are asking for help from the International Olympic Committee to satisfy creditors who are still owed about 130 million reals ($40 million). Mario Andrada, a spokesman for the Rio …
A new report finds flourishing tourism in Africa is putting millions of people to work and adding billions of dollars to national economies. The UN Conference on Trade and Development’s annual Economic Development in Africa Report projects continued robust growth …
As police step up patrols and protesters set up camp in Hamburg, Germany, no one is expecting an easy weekend when U.S. President Donald Trump joins other heads of the world’s 20 leading economies. Trump and German Chancellor Angela Merkel …
Electric car maker Tesla says its much-ballyhooed Model 3 car for the masses will go on sale on Friday. CEO Elon Musk made the announcement Monday on Twitter. The car is to start around $35,000 and with a $7,500 …
For committed vegetarian Jay Wilde, taking over his father’s central England beef farm in 2011 gave rise to a significant ethical dilemma: how could he continue running his family business, while adhering to his principles? This year, Wilde took an …
The politically isolated Gulf nation of Qatar says it plans to boost production of liquefied natural gas by 30 percent over the coming years. State-run Qatar Petroleum made the announcement in the capital, Doha on Tuesday, a day after Qatar …
Renewables are a fast-growing part of the energy that powers the United States, but a government report shows fossil fuels still provide energy for most of the economy. The Energy Information Administration says petroleum, natural gas, and coal provided 81 …
Feted by some British newspapers as proof of a Brexit vote windfall, Britain’s recent export recovery ranks as the worst among Europe’s major economies, according to one closely-watched measure. Surveys of manufacturers across Europe published by data firm IHS Markit …
A global Danish transport and logistics company says it has restored most of its information technology systems after experiencing a major cyberattack last week that affected companies and government agencies in more than 60 countries. A.P. Moller-Maersk says it resumed …
Qatar’s stock market fell sharply Sunday as a deadline for Doha to accept a series of political demands by four Arab states was expected to expire later in the day with no sign of a resolution. The Qatari stock index …