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Tesla stockholders approve Elon Musk compensation

Shareholders of electric car and solar panel maker Tesla Inc. have approved an ambitious pay package for iconic CEO Elon Musk that could net him more than $50 billion if he meets lofty milestones over the next decade, according ...

date22 minutes ago in Business
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Dropbox raises price range ahead of stock debut

Cloud data service Dropbox defied recent volatility among technology shares and raised its expected stock price range ahead of this week's initial public offering, suggesting strong appetite among investors.

date1 hour ago in Business
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EU to greenlight Bayer-Monsanto takeover: source

The EU is set to greenlight the proposed blockbuster buyout of US agri-giant Monsanto by German chemical firm Bayer after securing concessions in order to win approval, sources close to the matter said on Tuesday.

date23 hours ago in Business
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Alibaba doubles investment in SE Asia e-commerce firm

Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia's leading online shopping firm, boosting its regional expansion.

Zara and H&M shore up defences as internet threatens

Logistics investments, new technology... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defences, trying to use their stores to boost internet sales.

Qualcomm says former chairman exploring buyout effort

Qualcomm said Friday that Paul Jacbos, its chairman until a week ago, was considering a buyout effort for the California chipmaking giant just days after it fended off a hostile bid from Singapore rival Broadcom.

EU readies tax on US tech titans

The European Union will next week unveil plans for a digital tax on US tech giants like Facebook, Amazon and Google as transatlantic tensions flare over prospects of a trade war.

US opposes taxes on big tech firms

The United States said Friday it "firmly opposes" any new tax aimed at big technology firms, in a sharp challenge to a European proposal aimed at American digital titans.

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