The first customer to use a previously flown rocket, with launch planned for later this year has been found and signed by Elon Musk's SpaceX, the companies said.   Crucial to efforts by technology entrepreneur Musk's Space Exploration Technologies Corp to reduce the cost of space launches is...

In an apparent deepening of a regulatory spat, after the authorities detained some drivers working for Careem, ride-hailing apps Uber and Careem have suspended operations in Abu Dhabi.   After it emerged that some drivers had been stopped by police, they had temporarily stopped their...

In a drive to empower staff, fend off new rivals such as electric carmaker Tesla Motors and to speed up decision making, Mercedes-Benz maker Daimler is embracing Silicon Valley management techniques.   By encouraging a more experimental approach to new products, Chief Executive Dieter...

In a part of a plan to line up exclusive content for the debut of its new Daydream service in the coming weeks, Google is investing hundreds of thousands of dollars apiece in virtual-reality films and programs.   Google will fund the production of 360-degree videos with YouTube stars like...

The allegations that Auto supplier Robert Bosch GmbH was a knowing participant in Volkswagen's decade-long scheme to evade U.S. anti-pollution were termed as being "wild and unfounded" by the company.   Bosch responded to attorneys who had said Bosch was a "knowing and active participant in...

A program to sell refurbished used versions of its premium smartphones is to be launched as early as next year by Samsung Electronics Co Ltd, reported Reuters quoting sources with direct knowledge of the matter.   After reviving its mobile profits by restructuring its product line-up, the...

Employing the same online sales and social media marketing tactics that helped the six-year-old startup become China’s largest privately funded startup, Xiaomi Corp. is preparing to enter the U.S. smartphone market “in the near future.”   The vice president of the company, Hugo Barra,...

A new tone for a company that has kept communications minimal is being set by Thomas Dooley who is planning to reach out to investors as Viacom Inc’s incumbent CEO as the company prepares for the impending departure of CEO Philippe Dauman.   If media reports on he issue are to be believed,...

Investors’ expectations and a slowing Chinese economy was defied by Tencent Holdings Ltd. helped by its shopping spree on premium content from Game of Thrones to NBA broadcasts.   Tencent Holdings Ltd. splashed out on mobile games and content -- including anything from anime and...

The fortress mentality at Hyundai Motor Co it being tried to be wrecked by Hwang Seung Ho.   At the Hyundai Motor Group, a sprawling conglomerate with companies spanning industries as diverse as steel, construction and financial services, the Korean automaker is the crown jewel. Hyundai’s...

The prospects of a rescue deal for Tata Steel UK have been boosted as the pension scheme can be restructured without entering the Pension Protection Fund (PPF), said the pension trustees behind Tata Steel UK.   A serious obstacle for a rescue deal for Tata Steel UK and the Port Talbot...