TECHNOLOGY VIDEO

Elon Musk, Chief Executive of Tesla Motors and SpaceX, smiles during the Reuters Global Technology Summit in San Francisco, June 18, 2013. REUTERS/Stephen Lam
REUTERS GLOBAL TECHNOLOGY SUMMIT

Musk: Time to tackle dealer dispute

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 

 

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Bernanke says Fed likely to reduce bond buying this year

WASHINGTON - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. | Video

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Start-up to bring test-drive cars to buyers, avoiding dealership

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.

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China denounces EU airline carbon law, seeks talks

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.

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Slim closes deal to get Telekom Austria shares

VIENNA | Tue Sep 25, 2012 5:20am EDT

VIENNA (Reuters) - Mexican billionaire Carlos Slim has closed the deal to buy investor Ronny Pecik's 16 percent stake in Telekom Austria (TELA.VI), the Austrian group said on Tuesday.

Slim's America Movil Europa BV investment vehicle (AMXL.MX) completed a stock purchase agreement with Pecik's RPR Privatstiftung that was announced in June, it said in a statement.

"Following the closing of the stock purchase agreement, America Movil currently holds in total directly and indirectly 100,836,874 shares or 22.76 percent of total shares of Telekom Austria AG," it added.

The news came as Telekom shares fell around 6 percent after the company announced late on Monday it was slashing its planned dividend for 2012 and 2013 to save cash.

(Reporting by Michael Shields; Editing by David Holmes)
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