Tesla Starts Delivering China-Made Model Y Crossover

Tesla delivered its first made-in-China Model Y compact crossover vehicles, the latest milestone in the American company's drive into the world's largest market for electric cars.

 
Jay Y. Lee, Samsung's De Facto Leader, Returns to Prison

Samsung's de facto leader, Lee Jae-yong, returned to prison after an appeals court handed down a 30-month sentence following a retrial of his 2017 conviction on charges of bribing South Korea's former president.

 
Oil Giant Total Buys Stake in World's Biggest Solar Developer

French energy giant Total said it would pay $2.5 billion for a 20% stake in the world's largest solar developer, the latest move by an oil major to expand in renewable power.

 
Fiat Chrysler, PSA Group Merge to Create New Auto-Making Behemoth

The newly formed auto maker, called Stellantis, is set to start trading on Monday in Europe and on Tuesday in New York.

 
Vaccine Shortfall to Hit Europe, Canada as Pfizer Plant Is Upgraded

The European Union, Canada and some other countries will receive fewer doses next week of the Covid-19 vaccine made by Pfizer and BioNTech due to an upgrade at Pfizer's European factory. The U.S. isn't affected.

 
Shareholder Proposal at Omnicom Questions Ad Buyers' Role in Online Hate

Shareholders are taking aim at social-media ad buyers for their possible role in spreading disinformation and hate speech.

 
Groceries Prove a Pandemic Bright Spot for BP and Shell

Oil majors bet offering more fresh food and services at gas-station stores can help offset declining oil income.

 
France Blocks Sale of Carrefour to Canada's Couche-Tard

The French finance minister told the Canadian retailer's chairman that the nearly $20 billion deal would threaten jobs and France's food security amid the Covid-19 pandemic.

 
Keystone XL Oil Project Pledges Zero Carbon Emissions

The controversial pipeline project would be powered by renewable energy and built by union labor in a series of planned overhauls to avoid being axed by the Biden administration.

 
Richard Branson's Virgin Orbit Reaches Space

The startup reached space with an unconventional rocket-launch system, deploying tiny satellites into orbit in demonstration flight.

(END) Dow Jones Newswires

January 18, 2021 07:00 ET (12:00 GMT)

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