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Germany opens Opel probe in 'dieselgate' scandal

German authorities are investigating carmaker Opel as part of an inquiry into the "dieselgate" scandal that saw major manufacturers such as Volkswagen fined billions of euros for cheating emissions tests, the transport ministry ...

date11 hours ago in Business
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Indian IT giant TCS's profits soar 24 percent

India's largest IT services firm Tata Consultancy Services (TCS) reported on Tuesday a 24 percent rise in quarterly earnings thanks to strong growth in its banking and financial services division.

dateJul 10, 2018 in Business
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Tesla announces deal for Shanghai factory

Electric car producer Tesla will build its first factory outside the United States in Shanghai under an agreement signed Tuesday, becoming the first wholly foreign-owned automaker in China.

dateJul 10, 2018 in Business
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Singapore's Temasek reports record $235 bn portfolio

Singapore investment giant Temasek Holdings said Tuesday the value of its global portfolio reached a record high last year but will temper investments this year owing to brewing trade and geopolitical tensions.

Shares in China's Xiaomi dip on Hong Kong debut

Chinese smartphone giant Xiaomi fell on its Hong Kong stock debut Monday, following a long-awaited initial public offering overshadowed by China-US trade tensions and falling global markets.

Amazon to bring 1,700 jobs to Italy in 2018

Amazon will bring 1,700 new jobs to Italy by the end of the year, the online commerce giant announced Monday, bringing its number of employees working in the country's groaning economy to 5,200.

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First-ever colour X-ray on a human
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