Elon Musk, Tesla Motors CEO, tells the Reuters Global Tech Summit that he'll talk to politicians who back local car dealers trying to keep Tesla from selling directly to consumers. Video
LONDON - Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S. Federal Reserve explicitly signaled an end to easy money and data showed China's economy slowing down.
DETROIT - A new company hopes to make the car-buying process easier for consumers and more efficient for dealers by bringing cars to buyers for test drives, avoiding the need to spend hours at a dealership.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Coca-Cola seeks 50 percent stake in Japan bottler
TOKYO (Reuters) - Japanese soy sauce maker Kikkoman Corp (2801.T) said on Monday U.S. drinks maker Coca-Cola Co (KO.N) was seeking a 50 percent stake in an unlisted Kikkoman subsidiary, Tone Coca-Cola Bottling Co.
Coca-Cola aimed to acquire the stake by the end of March and will start talks with Kikkoman, which holds a 50 percent stake, and other shareholders on price, the two companies said in a joint statement.
A Kikkoman spokesman said it has yet to be determined whether or how much of its stake it would sell to Coca-Cola.
Tone Coca-Cola, based in Chiba, on the outskirts of Tokyo, manufactures and sells Coca-Cola brand soft drinks in Chiba and nearby areas outside of Tokyo.
(Reporting by Taiga Uranaka; Editing by Rodney Joyce)
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