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Tesla Model S and Model X to get interior, motor upgrades

Tesla is trying to boost sales for the Model S and X with a series of upgrades.

Brexit extension: How much will it actually cost the UK to leave the EU?

The key uncertainties over the future payments arise from future contingencies and the final settlement of accounts with the EU.

S&P 500 faces headwinds but may avoid profit recession: Oxford Economics

The S&P 500 may see a profit slowdown, its first in nearly 3 years, but a modestly encouraging economic outlook will cushion the blow, Lydia Boussour, senior U.S. economist at Oxford Economics, said.

Warren Buffett's advice to Tesla CEO Elon Musk: Stop tweeting

Billionaire investor Warren Buffett gave a small piece of advice to Tesla CEO Elon Musk: "Please stop tweeting."

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Tesla freezes Gigafactory expansion plan, Panasonic suspends Shanghai investment

Tesla and Panasonic have put on the back burner a project that would have boosted the battery production capacity at Tesla's Gigafactory 1 in Nevada.

Is Amazon spying on users through Alexa? Employees listen in on conversations

Fears of Amazon snooping on customers heightened after a report suggested thousands of workers are reviewing and listening to the private conversations addressed to the digital assistant Alexa.

How Amazon can deliver on its promise to reduce emissions

To reduce its carbon footprint, Amazon will need to do more than leverage its influence with suppliers and carriers, address operational issues and push for more renewable energy options.

Alphabet's Wing begins commercial drone deliveries

The recent Alphabet X graduate takes flight.

How a 'hard' Brexit would harm US banks, carmakers and drug companies

The U.K. is the number one destination for U.S. goods and services within the EU and the second-biggest recipient of American investment.

UK may regulate social media to limit harmful content

Tech firms are being warned by the British government to better police their sites or face legal penalties.

Nike is building a massive digital advantage

The athleticwear giant is separating itself from the competition with its focus on customers' digital experience.

Lorries are backed up on the M20 motorway

UK economy took a 3% hit from Brexit uncertainty: S&P Global Ratings

Senior economist Boris Glass said the U.K. economy has foregone economic activity of £6.6 billion in each of the 10 quarters since the 2016 referendum.

Over 500 million Facebook records exposed on Amazon Cloud servers

In the latest in what has been a series of headaches for Facebook, 540 million records have been exposed on Amazon's cloud servers.

Instagram shopping could soon be a $10 billion business

E-commerce and ads will create a virtuous cycle.

Brexit will reshape consumer shopping behaviour in UK: ING

Post-Brexit changes in import arrangements will make some grocery items expensive at local stores and make some disappear from shelves, an ING analyst has said.

Amazon is losing this $35 billion opportunity to Walmart and Target

And it might be too expensive for it to even try competing.

British Airways looks to the US for profitable growth

British Airways already flies from London to more than two dozen destinations in the United States, but it's still finding plenty of new growth opportunities here.

Behind the China trade deal delay: Enforcement concerns, Trump's pride

Analysts tell International Business Times that U.S. President Donald Trump wants to avoid the embarrassment of another failure in high-stake talks.

Saudi Aramco is world's most profitable company

Saudi Aramco aims to be valued as a $2 trillion company, and some investors say that's simply too much.

What's the point of Apple Arcade?

The new gaming service will run more than 100 games across iOS, macOS, and tvOS devices.

El Chapo's wife launches fashion line using drug lord's name

The U.S.-born wife of convicted drug boss, El Chapo Guzman, plans to market a fashion line under the label El Chapo.

Why Daimler's Smart cars will soon come from China

Daimler is teaming up with a Chinese automaker to build electric Smarts in China.

Emerging markets have left pain behind, positioned to outperform: NEPC

Tim McCusker, the chief investment officer at NEPC, told International Business Times that China's bets on AI make for attractive investment opportunities.

Security token offerings can usher in efficient, global fundraising

Unlike initial public offerings, blockchain technology allows companies to directly engage with a large, global pool of investors and offers unique opportunities to reduce bottlenecks and fees.

Boeing 737 MAX fix released, updates MCAS software suspected in crashes

Boeing has developed a fix for a faulty autopilot system on the 737 MAX 8 believed responsible for a pair of crashes over the past five months.

Uber: What investors need to know before its IPO

There's plenty to love about the ridesharing juggernaut -- but potential investors need to understand the company's challenges as well.

Boeing is doing crisis management all wrong – here's what it should do

Boeing's response to the crisis over its 737 Max planes has made the company seem defensive and passive. A crisis management expert explains how Boeing could reclaim the narrative.