The additional funding round, led by Alphabet Inc’s CapitalG, is an extension of the $1 billion round announced in October.
ESSEN, Germany (Reuters) – Demand for next-generation lifts and car components enabled Thyssenkrupp to report its highest annual order intake in five years as the German firm slowly exits steelmaking.
LONDON (Reuters) – The dollar was on the defensive Thursday, a day after its worst drubbing in five months, as the biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run.
TEL AVIV (Reuters) – Teva Pharmaceutical Industries is expected to cut 20-25 percent of its 6,860 workers in Israel and a few thousand more in the United States, financial news website Calcalist reported on Thursday.
SYDNEY (Reuters) – Amazon.com Inc’s Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its arrival in the world’s No. 12 economy and weighed on the shares of the brick-and-mortar retail sector.
SINGAPORE (Reuters) – Cathay Pacific Airways Ltd’s pilots will vote on whether to raise funds as a buffer against any actions the loss-making Hong Kong airline takes against them such as unilateral benefit changes or job losses, according to the pilot…
MELBOURNE (Reuters) – Tesla Inc has completed construction of the world’s largest lithium ion battery in Australia, putting it on track to meet a 100-day deadline for switching the battery packs on, the South Australian government said on Thursday.
TORONTO/SAN FRANCISCO (Reuters) – A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack – something of a metaphor for Uber, a company with b…
SYDNEY (Reuters) – The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy as aggressively as previously thought.
SYDNEY (Reuters) – Asian shares edged ahead on Thursday as speculation the Federal Reserve might not tighten U.S. policy as aggressively as first thought slugged the dollar and boosted bonds globally.
(Reuters) – Saudi Arabia has agreed to buy about $7 billion worth of precision guided munitions from U.S. defense contractors, sources familiar with the matter said, a deal that some lawmakers may object to over American weapons having contributed to c…
NEW YORK (Reuters) – U.S. stocks were little changed on Wednesday, with telecom services shares among the biggest movers while the energy sector rose in line with gains in crude oil.
(Reuters) – Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm’s top shareholders, according to people familiar with the matter.
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Wednesday it had launched an investigation into allegations that German manufacturers Wirtgen GmbH and Joseph Voegele AG infringe on patents held by Caterpillar Inc .