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Tesla Inc on Monday will break ground for its Shanghai Gigafactory where it will begin making Model 3 electric vehicles (EV) by year-end, Chief Executive Elon Musk tweeted https://twitter.com/elonmusk/status/1082103637990625281 ahead of the formal start of construction of the firm's first Chinese plant.

The factory gauge remains elevated, signaling that corporate tax cuts and consumer strength continue to drive demand and expansion. Source: www.bloomberg.com In November 2018, the U.S....

Up until yesterday, Apple and Qualcomm were on the cusp of what would have undoubtedly been a sensational anti-trust trial. While there's no telling which way the jury would have leaned, there's no denying that the settlement agreement both companies announced yesterday works out well for bot

Together, Brookfield and Oaktree will provide global investors with one of the most comprehensive offerings of alternative investment products available in the marketplace todayHoward Marks, Bruce Karsh, and other members of Oaktree Capital Group Holdings, L.P. will own 38% and retain operating control of Oaktree

MARLBOROUGH, Mass., Dec. 27, 2018 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today announced it exercised its option to acquire th

U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row to its lowest in nearly a year as independent producers follow through on plans to cut spending on new drilling with the government cutting its growth forecasts for shale output.

Ford Motor Co. plans to launch an all-electric plugin version of its popular F-150 pickup truck. The announcement was made by Jim Farley, Ford's president of Global Markets, during a presentation at the Deutsche Bank Global Automotive Conference in Detroit.

Oil prices fell by around 1 percent on Monday as drilling activity in the United States, the world's largest oil producer, picked up and financial markets were pulled down by trade concerns.

After months and months of rumors it’s finally been confirmed that ride-hailing giant Uber is picking up its Middle East rival Careem in an acquisition deal worth $3.1 billion — with $1.7BN to be paid in convertible notes and $1.4BN in cash. Uber writes that it expects the transaction t…

Former U.S. Interior Secretary Ryan Zinke, who stepped down in December amid ethics investigations, has joined the board of junior mining exploration company U.S. Gold Corp, the company said on Tuesday.