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Tesla forms three-member panel to decide on any Musk proposal

Tesla Inc's board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk.


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Posted 2018/08/14 18:56:57

Tinder founders sue parent IAC, saying it owes them billions

A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.


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Posted 2018/08/14 18:36:16

Erdogan says Turkey will boycott US electronics, lira steadies

President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that helped drive the lira to record lows.


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Posted 2018/08/14 18:33:55

U.S. official warns of more actions against Turkey if pastor not freed

The United States is warning more economic pressures may be in store for Turkey if it refuses to release a jailed American pastor, a White House official said on Tuesday, in a dispute that has further strained relations between the NATO allies.


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Posted 2018/08/14 18:18:43

Car hits pedestrians at parliament in suspected terrorist attack

A man deliberately drove a car into London pedestrians and cyclists on Tuesday before ramming it into barriers outside Britain's parliament in what police said appeared to be the second terrorist attack at the building in just under 18 months.


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Posted 2018/08/14 18:10:54

Five EU countries agree to take in rescue ship migrants

Five EU countries have agreed to take in 141 migrants on board a rescue ship following a row over where they could dock.
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Posted 2018/08/14 16:56:00

Police searching three addresses after London incident

Police investigating a man who drove into pedestrians outside parliament on Tuesday morning said they were searching two addresses in Birmingham and one in Nottingham, central England, as part of their inquiries.


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Posted 2018/08/14 16:43:46

FTSE dips, miners weigh as Turkey crisis eases

UK shares ended the day down 0.4 percent on Tuesday after a choppy session, weighed down notably by lower copper prices as fallout from the Turkish lira crisis that has rattled global markets since Friday eased.


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Posted 2018/08/14 16:42:45

Driver who hit London pedestrians was British citizen - security minister

A man who drove a car into London pedestrians outside Britain's parliament on Tuesday was a British citizen who originally came from another country, security minister Ben Wallace said.


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Posted 2018/08/14 16:30:59

Genoa motorway bridge collapse impossible to predict - Autostrade director

The collapse of a motorway bridge in Genoa was impossible to predict and it is too soon to determine the cause, a director for motorway operator Autostrade (ASPI) said on Tuesday.


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Posted 2018/08/14 16:18:44

At least 20 dead, 16 injured in Italy bridge collapse - official

At least 20 people died and 16 were injured in the collapse of a motorway bridge in the Italian city of Genoa, a senior official at the country's civil protection agency said on Tuesday.


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Posted 2018/08/14 16:18:30

European shares stabilise as Turkey stress eases

European shares rose slightly on Tuesday after two days of heavy selling as investors' anxieties over contagion from a Turkish currency crisis faded and reassuring data from Germany helped offset the latest wobbles in China's giant economy.


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Posted 2018/08/14 16:07:08

Russia backs non-dollar trade with Turkey, no promise of help amid lira crisis

Russia backs using national currencies, not the U.S. dollar, in its trade with Turkey, Russian Foreign Minister Sergei Lavrov said on Tuesday, but he made no firm commitments that would immediately help Ankara to weather its currency crisis.


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Posted 2018/08/14 16:00:30

Get Carter? BT approached Informa boss for CEO role - Sky News

BT has approached Informa chief executive Stephen Carter as a possible replacement for Gavin Patterson and is keen to announce a new CEO by the end of October, Sky News reported.


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Posted 2018/08/14 15:49:36

Trump campaign files arbitration against former aide Omarosa - ABC

U.S. President Donald Trump's campaign has filed an arbitration against former White House aide Omarosa Manigault Newman for allegedly violating a nondisclosure agreement, ABC News reported on Tuesday, citing a senior Trump campaign official.


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Posted 2018/08/14 15:42:47

Turkey to boycott US electronics - including iPhone

Turkish President Recep Tayyip Erdogan has said his country will boycott electronic products made in the US amid an escalating diplomatic feud with the Trump administration that has contributed to a currency meltdown in Turkey.
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Posted 2018/08/14 12:08:00

Seven people pulled out alive as search continues in Italy

Seven people have been pulled out alive from the wreckage of a collapsed bridge in the northern Italian city of Genoa as the Italian prime minister confirms 22 have died.
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Posted 2018/08/14 10:37:00

Trump signs defence policy bill with watered-down China measures

U.S. President Donald Trump signed a $716 billion defence policy bill on Monday that authorizes military spending and includes watered-down controls on U.S. government contracts with China's ZTE Corp and Huawei Technologies Co Ltd [HWT.UL].


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Posted 2018/08/14 06:51:51

China angered at new U.S. defence act, to assess content

China on Tuesday condemned measures targeting it in a new U.S. defence act, saying it would comprehensively assess aspects that beef up the role of a panel tasked with reviewing foreign investment proposals.


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Posted 2018/08/14 06:51:51

Royal Mail fined 50 million pound for competition rule breach

Royal Mail has been fined 50 million pounds for discriminating against Whistl, its only major competitor delivering letters, regulator Ofcom said on Tuesday.


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Posted 2018/08/14 06:42:31