This story has been updated In a surprise ending to a legal drama involving a formerly high-flying Silicon Valley battery startup, a judge has allowed three former executives to drop their damning fraud
This article has been corrected. Investment bankers and Chinese executives were hopeful that 2014 might be the year that Chinese IPOs return to the US. But a judge’s decision to ban the China units of
Most luxury hotels seek to lure in new guests with the lustre of their star ratings but a clutch of Chinese establishments are hoping to win back customers by downgrading. More than 50 of the country's
Tesla is targeting a specific niche in China’s luxury car market: Buyers who think foreign carmakers consistently overcharge them. The California-based company has set the price for its battery-powered
Those were the days. Before the global financial crisis morphed into the euro debt crisis, investors saw all euro-zone government bonds more as more or less the same. Yields on German, Spanish and even
Shell's hopes of drilling in Arctic waters off Alaska this summer face a serious setback after a US federal court ruled that the full range of environmental risks had not been assessed by the government.
The blocking of foreign news sites that revealed details of offshore holdings by the relatives of senior leaders has continued in China as reports emerged of a propaganda directive ordering websites and
China’s holdings in U.S. Treasurys, which reached record levels in 2013, are setting off alarm bells. They shouldn’t. They underscore that Beijing is becoming more dependent on the U.S. and the rest of
Millions of small Chinese factories are falling prey to a slowing economy. The latest evidence: the flash Markit/HSBC Purchasing Manager’s Index, which is more weighted toward smaller, private companies
A US judge has ruled that Chinese units of the so-called Big Four accounting firms should be suspended from auditing firms publicly traded in the US. They had been charged over refusing to hand over auditing
The World Bank's private lending arm has been forced into a U-turn over its dealings with a Honduran palm oil company accused of assassinations and forced evictions of peasant farmers. On Wednesday evening,
Carl Icahn adds another $500 million into $AAPL, total now at $3.6 billion and closing in on 1% ownership
Just yesterday, activist investor Carl Icahn revealed that he has invested another $500 million into AAPL stock. Just around 24 hours later, Icahn has posted on Twitter that he invested another $500 million.
China could prove to be a market of huge importance for Tesla. So as the company prepares to bring its Model S to the People's Republic, it's taking a bold and unconventional approach on pricing. For Chinese
Police have found $5.7m in cash in a south Sydney apartment in what has been described as one of Australia's largest cash seizures. A 58-year-old US citizen is in custody after police on Saturday found
A large section of the controversial Keystone XL pipeline went into official operation Wednesday, in a move that supporters say will help ease the flow of oil to refineries in the Gulf Coast region. The
The country's biggest mining union wants wages more than doubled to at least $1,200 for entry-level workers. Platinum production in South Africa has stopped, with up to 100,000 workers affected by a strike
Authorities in China's capital announce tough new measures to tackle hazardous levels of air pollution In an attempt to clean up the smoggy air in the Chinese capital, Beijing's authorities have introduced
After hiding out in Macau, Kim Jong-nam may have found a new place to shelter The older half-brother of Kim Jong-un, the North Korean leader, has surfaced in Malaysia after apparently going into hiding
Science News MOJAVE, Calif. — Even as Virgin Galactic is testing the hybrid rocket motor that powers its SpaceShipTwo suborbital space plane, it's developing a different rocket engine for orbital flights.
The idea is to place Marines closer to a region in near constant turmoil, including a civil war in Syria, a revolt in Egypt and a violent upsurge in Iraq. WASHINGTON — The Marine Corps is developing plans
As Edward Snowden prepares to defend himself in a worldwide webinar Thursday, the Justice Department is accusing the private contractor that vetted him and thousands of other intelligence workers of bilking
Science News Ten years after it landed on Mars, NASA's Opportunity rover has hit pay dirt again: This time, the rover's scientists are reporting new evidence that garden-variety life could have thrived