BEIJING, July 7 Reuters Tesla on Friday said it would offer new buyers of its topselling electric vehicles in China a cash bonus equivalent to almost 500 if they have a referral from an existing owner, deepening a price war in the world39;s largest market for EVs. Tesla said it would offer new buyers of […]

LONDON, July 7 Reuters Britain39;s biggest sportswear retailer JD Sports Fashion said on Friday it will pay 500.1 million euros 544.9 million to buy out the minority investors in its Iberian business as it progresses an ambitious expansion plan. JD said it would buy the 49.98 of shares in Iberian Sports Retail Group ISRG currently held […]

July 7 Reuters Energy giant Shell expects secondquarter gas trading results to be significantly lower than in the previous quarter, it said on Friday. In an update ahead of secondquarter results on July 27, the world39;s biggest liquefied natural gas LNG trader also flagged 3 billion in writedowns for the quarter, primarily driven by a 1 […]

TOKYO, July 7 Reuters Japan39;s Government Investment Pension Fund GPIF said on Friday it made an investment gain of 10.3 trillion yen 71.81 billion in JanuaryMarch, ending a fourquarter losing streak. The world39;s largest pension fund gained 5.41 for the quarter, raising its total assets above 200 trillion yen, it said in its 2022 annual […]

FRANKFURTLONDON, July 7 Reuters Shares in hydrogen firm Thyssenkrupp Nucera rose on their Frankfurt market debut on Friday after completing Germany39;s largest initial public offering IPO so far this year, in an encouraging sign for Europe39;s capital markets. The shares were last trading at 20.98 euros 22.80, up from the 20 euros paid by investors in […]

MADRID, July 7 Reuters Telefonica has sold a 54 stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10 to Entel39;s local business, the Spanish telecoms group said on Friday, adding that it will retain the remaining 36. Over the past few years, Telefonica has carried out a series of asset sales […]