Tech giants face hefty fines under Australia cyber lawsTech companies could face fines of up to Aus$10 million (US$7.3 million) if they fail to hand over customer information or data to Australian police under tough cyber laws unveiled Tuesday. The govern...
Musk says Silver Lake, Goldman advising on taking Tesla privateTesla Inc Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc as financial advisers on his plan to take the US elec...
Foreign tourists get surprise bonanza from Turkey woesThe collapse of the Turkish lira has caused trauma as Turks see their purchasing power slashed, but bargain-hunting foreign tourists visiting the country at the peak of the summer season are cashing i...
Growth cools at Domino’s Pizza, investors slice sharesAustralian fast-food chain Domino's Pizza Enterprises Ltd posted its slowest profit growth in five years on Tuesday, missing expectations, as a heatwave sent Europeans to cafes rather than pizza shops...
South Korea bans driving BMWs under recall due to firesSouth Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component. South Korea's Ministry of La...
China data shows economic momentum flaggingThe Chinese economy is displaying further signs of weakness, with data Tuesday showing investment slumped to a record low in the first seven months of the year and retail sales slowed. Beijing faces a...
BHP, union extend labour talks at mammoth Chile copper mineThe union at the world's largest copper mine, Escondida in Chile, has called off a strike planned to start on Tuesday after agreeing to extend talks with operator BHP for another day. The announcement...