The planned acceleration of the launch of high-volume production of its Model 3 to 2018 by Tesla Motors inc has been termed as being potentially difficult to achieve and potentially costly by supplier executives and industry consultants. This announcement has also surprised parts makers of the...

Tesla Motors announced that to finance the accelerated launch of its new Model 3 electric sedan, the electric luxury car maker said that it will offer up to $1.7 billion of new common stock.   The announcement which came after the market closed, Tesla shares fell 2.2 percent following the...

Media reports making the rounds of banking and technology markets claims that following cyber attacks in Bangladesh and Vietnam involving fraudulent transfer requests a number of major U.S. banks are scrutinizing security of the SWIFT messaging network.   The Wall Street Journal reported,...

As shareholders consider launching an investigation into management's response to scandals that have cost it billions of euros in fines, sharp criticism awaits the Deutsche Bank's chairman at the bank's annual general meeting on Thursday.   An opportunity to challenge Paul Achleitner's...

Seeking to make further inroads in the world’s fastest-growing smartphone market, Apple Inc. Chief Executive Officer Tim Cook will unveil a development center for digital maps during his multiday visit to India this week, sources were quoted by media to be saying.   Cook will also introduce...

Leaving the thorny question of cost-sharing with automakers unresolved Japan's Takata Corp said it considered the recall investigative and declared nearly 14 million air bag inflators defective as part of an expanded U.S. recall.   The vital element of financial implications left unclear...

As officials in Brussels put the finishing touches to a seven-year investigation of company’s dominant search engine, Google faces a record-breaking fine for monopoly abuse within weeks.   In what is being predicted to be a figure that would easily surpass its toughest anti-trust punishment...

Yahoo Inc's internet assets that includes Quicken Loans Inc founder Dan Gilbert is being sought to be bought by Berkshire Hathaway Inc Chairman Warren Buffett who is is backing a consortium vying for the deal with, reported Reuters citing people familiar with the matter.   The Sunnyvale,...

In a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market, apple announced that it has invested $1 billion in Chinese ride-hailing service Didi Chuxing.   Even as the iPhone business that propelled it to record profitability shows...

While pledging that wages would rise and profit-sharing would again be the norm, Foxconn founder Terry Gou said there would have to be layoffs at Sharp Corp to turn around the ailing Japanese company.   "Unfortunately, a close review of the company's operations makes it clear that the level...

In addition to those it has already disclosed, improper data for mileage calculations might have been used for other models, the Japanese auto company Mitsubishi Motors Corp said on Wednesday.   Overstating of the fuel economy readings in four of its mini-vehicle models was admitted to by...