Business - Page 122

Evergrande shares fell as much as 14% on Thursday in Hong Kong as they resumed trading after a 17-day halt. The hugely indebted Chinese property giant had stopped its shares from trading

Nearly 150,000 Tesla cars are using the company’s new “safety score,” a tool rolled out last month to determine whether owners can access the beta version of its “Full Self-Driving” software, executives said during its third

Tesla continued its profitability streak, reporting Wednesday net income of $1.62 billion in the third quarter, a nearly fivefold increase from the $331 million it earned in the same period last year. The

Facebook has agreed to pay a record $14.5m (£10.1m) to settle claims it discriminated against US workers in its hiring practices. The US Department of Justice (DOJ) had claimed the tech giant

The boss of one of the UK’s biggest energy companies has called for the energy price cap to be abolished. Keith Anderson, chief executive of Scottish Power, said the recent energy crisis

Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. The raise comes just six months after

Via Separations is a startup from a couple of MIT material science engineers who figured out a way to reduce the amount of energy required in a manufacturing process, resulting in lower carbon

Enterprise engagement company Countable raised $12 million in Series A funding so that brands can more easily engage with customers, even in a way that shows a brand’s values and stance on issues. Existing

Stampli, a SaaS company that streamlines corporate invoice management, has announced the launch of Stampli Card. The idea here is that some corporations sign on with vendors who only accept, or prefer

Alphabet today announced that Walgreens is partnering with Wing to bring drone-based deliveries to a portion of Texas’s Dallas-Forth Worth region. The drugstore giant will be the first to take advantage of

Stripe, the outsized fintech out of San Francisco that is valued at $95 billion, is making another acquisition to expand the services it offers alongside its core payments product. The company is acquiring Recko,

The UK has agreed a free trade deal with New Zealand which it says will benefit consumers and businesses. Prime Minister Boris Johnson said the deal will cut costs for exporters and