Chill in global economy prompts G20 call for trade truce

Washington, D.C.: The risk that global economic growth could slow more than expected spurred a call on Friday from top finance officials for countries to overcome trade differences and opt for multilateral cooperation and “timely policy action.” Policymakers from the Group of 20 industrialised countries are worried that the weakness evident in key economies could […]

Panasonic reviews further investment in Tesla Gigafactory

Bengaluru: Panasonic Corp is studying further investments in battery production at its Gigafactory venture with Tesla Inc, the company said, responding to a media report that the two companies had frozen previous plans. Giving no details of its sources, Japanese financial daily Nikkei reported earlier on Thursday that financial issues had led Tesla and Panasonic […]