News Headlines

Subaru sets mid-2030s target to sell only electric vehicles worldwide

Japan's Subaru Corp set a target on Monday for all the vehicles it sells worldwide to be electric by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.

Sun, 19 Jan 2020 23:52:25 -0500
Oil jumps to highest in more than a week after Libyan shutdowns

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.

Sun, 19 Jan 2020 23:10:54 -0500
Samsung appoints new mobile chief as Huawei chips away at market share

Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd.

Sun, 19 Jan 2020 22:53:09 -0500
Asia shares camp on high ground, oil jumps on Libya shutdown

Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.

Sun, 19 Jan 2020 21:38:46 -0500
Samsung appoints new mobile chief as Huawei chips away at market share

Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd.

Sun, 19 Jan 2020 22:53:09 -0500
Fines for European privacy breaches reach 114 million euros: report

European regulators have imposed 114 million euros ($126 million) in fines for data breaches since tougher privacy rules came into force in mid-2018, with approaches varying widely from country to country.

Sun, 19 Jan 2020 19:35:46 -0500
Tesla moves a step closer to opening first European factory with German property deal

U.S. electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Sunday.

Sun, 19 Jan 2020 11:57:02 -0500
EU industry chief dismisses fears strict security rules could delay 5G

European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China's Huawei.

Sun, 19 Jan 2020 11:09:55 -0500