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U.S. President Trump presents Presidential Medal of Freedom to Bob Cousy at...

Trump presses U.S. companies to close China operations

President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products in the United States instead, sending U.S. markets down sharply in a new rhetorical strike at Beijing as trade tensions mounted.

Germany's Allianz grows in Brazil with $734 million deal

Germany's insurer Allianz SE will acquire Brazil's Sul America SA auto and property insurance portfolio for 3 billion reais ($734 million) in its largest push into Latin America's biggest economy, it said in a statement on Friday.

FILE PHOTO: Walmart signs are displayed inside a Walmart store in Mexico...

Walmart, Tesla look to address issues surrounding solar systems

Walmart Inc and Tesla Inc are looking to address all issues surrounding the solar installations at Walmart stores, the companies said late on Thursday, two days after the retailer sued the electric carmaker for "widespread negligence" that led to repeated fires at the installations.

A Mitsubishi i-MiEV electric car collides with crash cushions in a...

Claims data points to high-end electric car risks: AXA

Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said.

Volkswagen AG CEO Dr. Herbert Diess speaks at a news conference in New York

Volkswagen not interested in buying Tesla stake

Volkswagen said on Thursday it was not interested in taking a stake in Tesla , denying a media report that CEO Herbert Diess wanted to buy shares in the U.S. company to access its software and batteries technology.

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