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Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

December 28, 2016 by · Leave a Comment 

Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares

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Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

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Asian shares flat but on track for weekly gains

December 9, 2016 by · Leave a Comment 

TOKYO/SYDNEY (Reuters) – Asian shares flatlined on Friday but were on track for robust weekly gains, while the euro caught its breath after sliding when the European Central Bank trimmed the size of its asset purchase program and also extended it for longer than many had…

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Asian shares flat but on track for weekly gains

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Delta posts smaller-than-expected fall in passenger unit revenue

October 4, 2016 by · Leave a Comment 

Delta's shares were up 3.5 percent at $40.38 in early trading on Tuesday. The company, the second-largest U.S. airline by passenger traffic, reported a 3 percent decline in consolidated passenger unit revenue. Delta said the fall in September was due to a supply-demand imbalance on transatlantic routes and headwinds from prior-year yen hedge gains.

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Delta posts smaller-than-expected fall in passenger unit revenue

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VW may offer discounts to owners of cars with illicit software, DPA says

January 20, 2016 by · Leave a Comment 

FRANKFURT/BERLIN (Reuters) – Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday. Volkswagen is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive U.S. regulators about the true …

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VW may offer discounts to owners of cars with illicit software, DPA says

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Apple seeks India government approval to set up retail stores

January 20, 2016 by · Leave a Comment 

MUMBAI (Reuters) – Apple Inc has filed an application with the Indian government to set up its retail outlets in one of the fastest-growing smartphone markets, a spokesman for the Cupertino

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Apple seeks India government approval to set up retail stores

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Oil sinks again on glut as U.S. crude hits new lows

January 20, 2016 by · Leave a Comment 

Oil futures fell further on Wednesday, with U.S. crude touching its lowest since 2003, as a global supply glut bumped up against bearish financial news that sparked deeper worries over demand. U.S. crude oil dropped more than 4 percent in early trading, falling to as far as $27.32 a barrel. “You need the

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Oil sinks again on glut as U.S. crude hits new lows