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 - The clear signal from the U.S. Federal Reserve that it will soon stop pumping money into the global economy and data pointing to Chinese growth slowing sparked sharp falls in bonds, shares and commodities on Thursday.
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.
EU regulator extends Ryanair, Aer Lingus review to March 6
BRUSSELS (Reuters) - EU antitrust regulators have extended their review of the latest bid by Ryanair (RYA.I) to acquire Irish rival Aer Lingus (AERL.I) to March 6 after the budget carrier offered additional concessions to allay competition concerns.
The one-week extension from February 27 was published on the European Commission's website on Wednesday without any details, in line with the EU executive's policy.
Ryanair, Europe's biggest low-cost airline, said on Tuesday it was confident of gaining EU approval for the 694-million-euro ($922 million) deal.
The carrier's latest offer to the Commission included ceding 43 routes to Flybe (FLYB.L) and three Aer Lingus' Heathrow routes to British Airways (ICAG.L), a person familiar with the matter has told Reuters.
Flybe confirmed that it was in talks about a possible transfer of aircraft and operating routes and said that the discussions were non-exclusive and non-binding.
Flybe, Europe's largest regional airline, announced 300 job cuts, or about 10 percent of its workforce, earlier on Wednesday.
This may weaken its case as a buyer of Aer Lingus routes, said a source involved in the Ryanair and Aer Lingus deal.
(Reporting by Foo Yun Chee and Karen Rebelo, editing by Rex Merrifield)
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