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Asian shares jump on China policy easing, trade deal hopes

Asian shares kicked off 2020 on a strong note on Thursday, spurred by Chinese markets after Beijing eased monetary policy to support the slowing economy.



5 years ago

Exclusive: China halts British stock link over political tensions - sources

China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters.



5 years ago

U.S. shale producers to tap brakes in 2020 after years of rapid growth

Vastly slower U.S. oil growth this year and the prospect of a plateau for the world's top oil producer have signaled a new and unfamiliar era of self-restraint for the go-go shale industry.



5 years ago

Ghosn carried spare French passport while out on bail in Japan: NHK

Japanese authorities allowed ousted Nissan boss Carlos Ghosn to carry a spare French passport in a locked case while out on bail, public broadcaster NHK said on Thursday, shedding some light on how he managed a dramatic escape to Lebanon.



5 years ago

Australia-listed Sezzle fails to win California lending license, shares dive

California rejected Sezzle Inc's request for a lending license, dealing the recently listed buy-now-pay-later firm a big blow weeks after bigger rival Afterpay got a go ahead, sending Sezzle's shares down by more than a fifth.



5 years ago

Tesla says will deliver second batch of China-made Model 3s on January 7

Tesla Inc will deliver a second batch of China-made Model 3 sedans to customers on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday.



5 years ago

Uber Eats goes local to find its niche in South African food fight

A stone's throw from Nelson Mandela's former home in South Africa's Soweto township, Dumile Badela's restaurant is now more hectic and lucrative than ever, thanks to Uber Eats, his hungriest customer yet.



5 years ago

Hyundai, Kia sales drop to seven-year low on China weakness, forecast better 2020

South Korea's Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as business in China slumped, missing their target for a fifth straight time, but forecast better numbers for 2020.



5 years ago

Turkey detains several over Ghosn's transit through Istanbul: NTV

Turkish police have detained several people after the interior ministry launched a probe into the transit of ousted Nissan boss Carlos Ghosn, who after fleeing Japan stopped in Turkey on his way to Lebanon, broadcaster NTV said on Thursday.



5 years ago

Germany's Bosch to offer lower-cost sensors for self-driving cars

German automotive supplier Robert Bosch said Thursday it has developed a sensor that lets cars "see" a three-dimensional view of the road, aiming to lower the cost of technology that could speed the development of self-driving vehicles.



5 years ago

Oil starts new year higher on trade optimism, Middle East tensions

Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fueled worries about supply.



5 years ago

Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows.



5 years ago

Trial delay helped to push Ghosn to flee Japan: sources

Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning that his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn said on Thursday.



5 years ago

Turkey detains pilots over Ghosn's escape through Istanbul: NTV

Turkish police detained seven people including four pilots on Thursday in an investigation of how ousted Nissan boss Carlos Ghosn touched down in Istanbul as he fled Japan en route to Lebanon, according to broadcaster NTV.



5 years ago

Volkswagen starts settlement talks with German consumer groups over diesel scandal

Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW's diesel cars.



5 years ago