Elon Musk denies report that James Murdoch is the top choice to replace him as Tesla’s chairman

Elon Musk denies report that James Murdoch is the top choice to replace him as Tesla’s chairman

Elon Musk has denied a report that James Murdoch is the top choice to be the next chairman of Tesla. On Wednesday, The Financial Times reported that the 21st Century Fox CEO and son of Rupert Murdoch would take the role being vacated by the electric vehicle entrepreneur following a settlement with the Securities and…

Report slams ‚high flying’ UN chief

Report slams ‚high flying’ UN chief

Image copyright YASUYOSHI CHIBA Image caption UN Environment executive director Erik Solheim The head of the UN body that leads on sustainability and green issues has been criticised for extensive and expensive air travel. A draft internal audit, obtained by the Guardian and seen by the BBC, says that Erik Solheim’s actions risked the reputation…

REPORT: Mark Carney has been asked to extend his term as Bank of England governor as Brexit looms

REPORT: Mark Carney has been asked to extend his term as Bank of England governor as Brexit looms

Mark Carney has reportedly been asked to extend his stay as Bank of England governor for a further year, a report from the Evening Standard on Tuesday said. According to the newspaper’s The Londoner diary column, officials from the Treasury have canvassed Carney about possibly staying at the helm of the central bank until 2020,…

Report: Saudi Arabia is looking to invest big in Tesla as the company teases going private

Report: Saudi Arabia is looking to invest big in Tesla as the company teases going private

Tesla opened its first Middle East showroom in Dubai last year. AP Photo/Kamran Jebreili While Tesla CEO Elon Musk teased last week about taking the company private, several suitors may have already been courting the electric car giant months ago. Saudi Arabia’s Public Investment Fund, the country’s sovereign wealth fund, is in talks with Tesla…

The new MH370 report rejects the most horrific theory of all about why the plane disappeared

The new MH370 report rejects the most horrific theory of all about why the plane disappeared

A mural in Kuala Lumpur, Malaysia, depicting the vanished MH370 jet. AP A major new report on the disappearance of Malaysia Airlines flight MH370 has dismissed one of the most pervasive — and horrific — theories for why the plane went missing: that a suicidal pilot may have crashed the jet on purpose. Investigators funded…

REPORT: Deutsche Bank lost 12 times more than it thought was possible in one day of trading

REPORT: Deutsche Bank lost 12 times more than it thought was possible in one day of trading

A man walks near a logo of Deutsche Bank AG in Tokyo July 16, 2014. REUTERS/Toru Hanai Traders at Deutsche Bank’s US unit suffered losses 12 times larger than its risk projections estimate could occur in one day. News of the trading day, which happened earlier this year, was detailed on a May filing from…

REPORT: Aston Martin set to hire Goldman Sachs, JPMorgan, and Deutsche Bank to lead a $7 billion IPO

REPORT: Aston Martin set to hire Goldman Sachs, JPMorgan, and Deutsche Bank to lead a $7 billion IPO

High Gear Media Luxury automaker Aston Martin is reportedly preparing for an IPO. The IPO could be worth as much as £5 billion, according to reports. The manufacturer is currently owned by Italian private equity fund Investindustrial. Luxury carmaker Aston Martin is lining up three banks to manage a floatation that could value the firm…

BBC report helps HK actor find brothers

BBC report helps HK actor find brothers

Famed Hong Kong actor Anthony Wong had no contact with his British father, barring a few sporadic letters, since he was a child. But a recent BBC report on Wong’s mission to find out more about his father led to an unexpected meeting – with two long-lost half-brothers. Video by Zhijie Shao and Tessa Wong.…