International Companies
Tesla to pay for chips in advance to overcome shortage
US electric carmaker Tesla is set to pay in advance for chips to secure its supply of the crucial materials and continue production.
Microsoft, Mastercard join Kamala Harris's Central America strategy
US Vice President Kamala Harris is set to meet top officials from 12 companies and groups including Microsoft, Mastercard and the World Economic Forum on Thursday to boost economic opportunity in Central America's Northern Triangle countries.
GM restarts plants affected by semiconductor chip shortage
General Motors said on Thursday it would restart production at five assembly plants around the world that were halted due to the scarcity of semiconductor chips.
Tempur Sealy to buy Dreams in $475m deal
US mattress and bedding manufacturer Tempur Sealy has agreed to buy UK bed retailer Dreams from Sun European Partners for around $475m.
Uber allows 70,000 drivers to become GMB members
Uber has struck a landmark deal with the GMB union to allow 70,000 drivers to become members with it being the first time a company like Uber has recognised a trade union in the UK.
Airbus to raise monthly production of A320neo model to 64
Aerospace and defense company Airbus detailed an aggressive recovery plan for production of its A320neo-family aircraft, telling suppliers to be ready for output to hit a monthly rate of 64 single-aisle panes within the next two years.