US approves $385 million arms sale to Taiwan
WASHINGTON (Reuters) -The U.S. State Department has approved the potential sale of spare parts for F-16 jets and radars to Taiwan for an estimated $385 million, the Pentagon said on Friday, a day before Taiwan President Lai Ching-te starts a…
JPMorgan agrees to drop lawsuit against Tesla over stock warrants
(Reuters) -U.S. lender JPMorgan Chase (NYSE:JPM) agreed on Friday to drop its lawsuit against Tesla (NASDAQ:TSLA) that accused the electric vehicle maker of “flagrantly” breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the…
Baidu’s Apollo autonomous vehicles granted licence to test in Hong Kong
BEIJING (Reuters) – China’s Baidu (NASDAQ:BIDU) has received the licence to test autonomous vehicles with its Apollo robotaxi service in Hong Kong as it expands its footprint outside Chinese mainland. Baidu Apollo International Ltd was approved to conduct trials for…
Nissan CFO Stephen Ma to step down, Bloomberg News reports
(Reuters) -Nissan Motor’s CFO Stephen Ma is set to step down, Bloomberg News reported on Saturday, citing people familiar with the matter. It is unclear whether Ma will leave the automaker or be demoted, the report said. Nissan (OTC:NSANY) could…
South Africa takes G20 helm as polarisation complicates agenda
By Kopano Gumbi JOHANNESBURG (Reuters) – South Africa takes over the G20 presidency on Sunday, the first African country to lead the forum, though its focus on issues such as inclusive growth and climate change risks bumping up against the…
Orban ally Varga to take over at Hungary’s central bank as economy sags
By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) – Prime Minister Viktor Orban nominated Finance Minister Mihaly Varga as Hungary’s next central bank governor on Friday, turning to an ally as he seeks to revive the economy before a 2026…