Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores.
Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its first-ever SUV, Cullinan, just a year after the launch.
Asian shares rebounded on Tuesday as investors' reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed.
Japan has asked Lebanon for help regarding Carlos Ghosn, a top Japanese official said on Tuesday, calling the former auto executive's escape to Beirut "regrettable" but stopping short of spelling out what Tokyo was seeking from local authorities.
Oil prices slid on Tuesday as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.
U.S. electric vehicle maker Tesla Inc on Tuesday officially started work on a Model Y program at its $2 billion Shanghai factory, in a ceremony attended by its billionaire CEO Elon Musk and senior Shanghai government officials.
Japan will do its utmost to secure the return of ex-Nissan boss Carlos Ghosn and is examining Lebanese law for a way to bring him back, a senior official at the Japanese justice ministry said on Tuesday.
U.S. electric car maker Tesla Inc said it has started work on building Model Y electric sports utility vehicles (SUV) at its $2 billion Shanghai factory, marking a new milestone for the company's first foreign car plant.
Japanese legal officials are poring over Lebanese laws in a bid to find a way to return ex-Nissan boss Carlos Ghosn to Japan, a Ministry of Justice senior official said on Tuesday, adding that Tokyo will do its utmost to have him face trial on financial misconduct charges.
Ousted Nissan Motor Co Ltd boss Carlos Ghosn is set to hold on Wednesday his first live news conference since his arrest in November 2018 on financial misconduct charges, saying his escape from Japan has meant he can communicate "freely".
Investors have sued Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating software, German law firm TILP said on Tuesday.
Volkswagen is seeking more than 100 million euros ($112 million) in damages from former supplier Prevent, it said on Tuesday, adding it had filed a first claim for one of its subsidiaries.
Oil prices on Tuesday surrendered some gains made over the previous two days as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.
An arrest warrant issued by Japanese prosecutors for Carlos Ghosn's wife Carole is "pathetic" and comes shortly before Ghosn is to speak freely for the first time since arriving in Beirut, a spokeswoman for Ghosn told Reuters on Tuesday.
World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged prospects of an all-out conflict between the United States and Iran had eased.