China detains CEO of U.S.-listed P2P firm Fincera for suspected financial crime
Chinese police on Friday detained the chairman and chief executive officer of New York-listed Fincera Inc for suspected financial crime.
TECHNOLOGY
U.S. regulator weighs action against Facebook over how its apps interact: report
The U.S. Federal Trade Commission is considering asking a court to stop Facebook Inc from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger subsidiaries, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
Norway's Telenor picks Ericsson for 5G, abandoning Huawei
Telenor has picked Sweden's Ericsson as the key technology provider for its fifth-generation (5G) telecoms network in Norway, it said on Friday, gradually removing China's Huawei [HWT.UL] after a decade of collaboration over 4G.
Electronic Swiss franc? Not so fast, government says
The Swiss government took a downbeat view of creating a central bank digital currency for public use, saying it could do more harm than good and destabilize the financial system.
Lyft expands rental car program in San Fran Bay Area, Los Angeles
Ride-hailing company Lyft Inc on Thursday said it is offering rental cars to a wider group of users in the San Francisco Bay Area and Los Angeles.
Samsung Electronics executive receives jail term over union-busting: media
Samsung Electronics vice-president Kang Kyung-hoon received a 16-month jail term on Friday on charges of union-busting activities, South Korean media reported on Friday.
Apple's China iPhone shipments fall 35% in November: Credit Suisse
Apple Inc's iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
Cadillac vehicles shifting to electric from gas by 2030: executive
The head of General Motors Co's Cadillac luxury brand said on Thursday that a majority, and possibly all, of the brand's models would be electric vehicles by 2030.
Thyssenkrupp in talks with Tesla about German factory: Handelsblatt
Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily.
Italian prosecutor presents bankruptcy request against CHL
An Italian prosecutor has presented a bankruptcy request against information technology and e-commerce group CHL , the company said, adding it was notified on Dec. 9.