Tesla Inc said on Wednesday it is reducing production hours for higher-priced Model S and Model X cars, just days after saying it would cut jobs as the electric carmaker looks to make more affordable versions of the Model 3 sedan.
A predominantly Muslim area of the southern Philippines has returned a resounding “Yes” in this week’s referendum on greater autonomy, boosting hopes for peace in one of Asia’s most conflict-torn regions. Read More Advertisements
China took a big step last week on the long road toward recapitalisation of banks hobbled by stale loans, giving a first ever approval for a perpetual bond issue by a lender, but going by initial feedback “perps” could be difficult to sell.Read More Advertisements
Venezuelan opposition leader and self-declared president Juan Guaido has asked British authorities to stop President Nicolas Maduro gaining access to gold reserves held in the Bank of England, according to letters released by his party on Sunday.Read More Advertisements