Tuesday 6 November 2018

China's Tencent builds self-driving car team in Silicon Valley

China's Tencent builds self-driving car team in Silicon Valley

Chinese technology company Tencent Holdings Ltd is recruiting self-driving car engineers in Palo Alto, California, joining a crowded field of corporations vying for talent in the heart of Silicon Valley.

Global stocks edge up, dollar steady as U.S. votes in midterms

Stock markets edged up on Tuesday, with trading thin in the United States, while the dollar and Treasury yields held steady as Americans went to the polls in pivotal midterm elections that could shift the balance of power in Congress.

Amazon plans to split second headquarters in two cities: sources

Amazon.com Inc is planning to split its second headquarters evenly between two cities, people familiar with the matter said Monday, in a twist to a more than year-long contest that has drawn overtures from locales across North America.

Chairman of BlackRock's German arm orders investigation cooperation

Friedrich Merz, chairman of the German arm of BlackRock , the world's biggest fund manager, said he had ordered the fund's management board to fully investigate all incidents involving so-called cum ex transactions and cooperate with prosecutors.

Wall Street holds small gain as U.S. voters head to the polls

U.S. stock indexes clung to small gains on Tuesday after losing ground in the late afternoon on investor jitters about making big bets as they awaited the outcome of U.S. midterm congressional elections.

Royal Jordanian CEO says manufacturers in 'head-to-head race' for new jet order

Royal Jordanian expects to decide in the first quarter next year on an order for over 20 narrow-body aircraft, the Middle East airline's chief executive said on Tuesday.

Thomson Reuters eyes 'substantive' purchases after Blackstone deal

Thomson Reuters Corp is looking to make "substantive" acquisitions to boost its legal and tax units after selling a majority stake in its financial terminal business, Chief Executive Jim Smith said on Tuesday.

Wells Fargo says internal error caused more home foreclosures than expected

Wells Fargo & Co said on Tuesday an internal underwriting error had caused it to reject home loan modifications, resulting in the bank foreclosing more homes than expected.

SpaceX seeks $750 million leveraged loan

NEW YORK (LPC) - Elon Musk's Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said.

Soccer: French club Bordeaux sold to U.S. hedge fund

French club Girondins de Bordeaux have been sold by the media company M6 Metropole Television to Los Angeles-based hedge fund General American Capital Partners (GACP), the French firm said on Tuesday.

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