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Musk Visits China to Boost Tesla Self-Driving Tech Rollout
Tesla CEO Elon Musk recently made an unexpected trip to Beijing, stirring excitement about the potential advancements in self-driving technologies in China. His visit is closely tied to discussions on launching the Full Self-Driving (FSD) software and addressing data transfer issues. While Tesla’s FSD has been a topic of interest in the U.S., Chinese consumers […]
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Elliott Said to Build ‘Large’ Stake in Buffett-Favored Sumitomo
Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter.
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Dubai to Proceed With $35B Expansion Plan at Al Maktoum Airport
Dubai is proceeding with building a new passenger terminal at Al Maktoum International Airport in anticipation of a spike in visitors, after halting the project for years.
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CICC to Cut Investment Bankers’ Base Pay by 25%, Reuters Reports
China International Capital Corp. is slashing onshore investment bankers’ base salary by as much as 25% to trim costs, according to Reuters.
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German Minister Vows to Dismantle Group Accused of Coup Plot
Germany’s interior minister vowed to forge ahead with the dismantling of the nation’s militant “Reichsbürger” movement, a day before members of the group go to trial accused of planning to violently overthrow the government.
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Chinese City of Chengdu Relaxes Home-Buying Rule to Revive Sales
Chengdu, a major city in the southwest China, removed home-buying curbs, joining dozens of peers in the country in an attempt to revive real estate demand and boost economic growth.
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Yen Watchers Ask Where Is Japan as Currency Losses Accelerate
The yen has tumbled well past levels touted as red lines for Japan and at a pace that has traders asking when authorities might start buying the currency to support it — and why they haven’t already done so.
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Musk Makes Unannounced China Visit in Push for Self-Driving Cars
Tesla Inc. Chief Executive Officer Elon Musk is on an unannounced trip to China and expected to meet officials to discuss the rollout of its Full Self-Driving software, according to people familiar with the matter.
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Saudi Finance Minister Says Geopolitics World Economy’s Top Risk
Saudi Arabia’s finance minister warned geopolitics may be the single biggest risk to the world economy that’s already facing slower growth and elevated interest rates.
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Robot-Explorers, Futuristic SpaceX Starships Set To Transform The Moon
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