China EV makers to take on Tesla's Model 3 through price, local manufacture

By Norihiko Shirouzu | SHANGHAI SHANGHAI It's not due to arrive...

Britain loses $1.28 billion through VAT fraud and error by Amazon and eBay sellers

LONDON A report by the British government auditor said the UK is losing up to 1 billion pounds ($1.28 billion) a year in value added tax (VAT) because of fraud...

Alphabet's Verily unit launches study to track health data

Verily, Alphabet Inc's life sciences business, said it was launching a four-year study with about 10,000 participants to understand how people transition from being healthy to becoming sick, and to...

Beijing cyber regulators to summon Apple over live streaming: Xinhua

BEIJING Internet regulators in China's capital plan to summon Apple Inc APPL.O to urge the American firm to tighten its checks on software applications available in its Apple Store, the...

China's ZTE appoints U.S. head Cheng as new mobile business chief

By Sijia Jiang | HONG KONG HONG KONG China's ZTE Corp...

Imagination likely to see Apple royalties slashed, then end: UBS

FRANKFURT Apple Inc is likely to pay graphics chip designer Imagination Technologies just one third of its current royalty rate as the smartphone giant wind downs their supply deal over...

China's Ant Financial targets brand boost in SEAsia with helloPay deal

BEIJING Ant Financial, the payment affiliate of Alibaba Group Holding Ltd (BABA.N), has acquired Singapore-based payment service helloPay Group, part of the Chinese firm's drive to boost its Alipay brand...

Ford taking cautious approach to China electric vehicle market

By Joseph White | SHANGHAI SHANGHAI Ford Motor Co is taking...

India's Paytm in talks with SoftBank to raise $1.2 to $1.5 billion: report

Electronics payments provider Paytm is in talks with Japan's SoftBank Group (9984.T) to raise $1.2 to $1.5 billion in cash, making the latter one of the largest shareholders in the...

China EV start-up Nio to sell mass-production car next year

SHANGHAI Chinese electric vehicle start-up Nio will start selling its first mass-production vehicle next year, the firm said in a statement on Wednesday, as it unveiled its ES8 SUV car...

APLICATIONS

Faurecia, ZF partner to develop 'cockpit of the future' for self-driving...

French car parts supplier Faurecia said it signed a partnership agreement with German company ZF to develop interior and safety technologies for self-driving...