SAN FRANCISCO, Reuters Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle production capacity, citing economic uncertainties and underscoring fears of a slowdown in demand. Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait […]

LOS ANGELES, Oct 18 Reuters Netflix increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as it shattered expectations for new customers, sending its shares surging 13. Almost 9 million subscribers joined Netflix around the globe in the third quarter, surpassing Wall Street analysts39; forecast for 6 million, according […]

FRANKFURT, Oct 18 Reuters German exchange operator Deutsche Boerse on Wednesday posted a smallerthanexpected 7 rise in thirdquarter net profit, but raised its outlook for the full year. Higher interest rates from central banks around the globe have generated interest income for Deutsche Boerse, lifting revenues and profits and offsetting more subdued volatility and trading volumes. […]

Reuters Amazon said on Wednesday it was planning to begin delivering packages through drones in Britain, Italy and a third location in the United States, as part of the ecommerce giant39;s efforts to expand its airborne delivery program. The customers in these locations will have the option to have their packages delivered by a drone starting […]

SHENZHEN, China, Oct 19 Reuters Huawei Technologies HWT.UL has sold 1.6 million of its Mate 60 Pro handsets in six weeks, a research firm said, as the Chinese technology giant defies a smartphone slowdown to enjoy strong demand in its highend smartphone renaissance. Of those sales, more than 400,000 units were in the last two […]

Shares gain 5, offsetting this week39;s losses CEO says customers ready to order lab gear again Demand for semiconductor chemicals recovering gradually CEO says MS drug has blockbuster potential FRANKFURT, Oct 19 Reuters Germany39;s diversified group Merck KGaA has raised the prospect of returning to revenue growth next year, recovering from a slump in demand for […]