Toshiba will wind up its UK nuclear arm, dealing a potentially fatal blow to plans for a new nuclear power station after a sale efforts to offload the business failed.

The Chinese currency - the yuan - is flirting with the 7 mark against the US dollar, a level it hasn't seen since the 2008 global financial crisis. The movements in the yuan are closely monitored, not least because the currency is a flashpoint in the US and China's trade war.

General Motors says it will ask the federal government for one national gas mileage standard, including a requirement that a percentage of auto companies' sales be zero-emissions vehicles.

Baillie Gifford & Co, one of the top shareholders of Tesla Inc, has said it would be willing to inject more cash into the electric carmaker, the Times reported on Monday.

The International Monetary Fund has warned a trade war between the US and China risks making the world a "poorer and more dangerous place" in its latest assessment of the global economy. The IMF has lowered its forecast for global growth this year and next.

Elon Musk has agreed to step down as chairman of Tesla. But Musk, the exuberant, relentless billionaire chief executive of Tesla, shows no immediate signs of changing his style.

The US Securities and Exchange Commission accused Tesla chief executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of "false and misleading" tweets about potentially taking Tesla private last month.

The US Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as it forecast that the US economy would enjoy at least three more years of growth.

Elon Musk is one of the world's most prominent business figures. But this year, things seem to have turned sour for the tech entrepreneur.

The US is imposing new tariffs on US$200 billion worth of Chinese goods as it escalates its trade war with Beijing. The higher import taxes will apply to almost 6,000 items, marking the biggest round of US tariffs so far.

Economic troubles in emerging markets and the ongoing trade war between the United States and China could potentially increase the risk of the next financial crisis, according to the chief executive officer at South Korea's sovereign wealth fund.

Analysts are wary about the options available to Chinese policymakers after a key gauge of infrastructure spending in China slipped to a record low in August.

The US President Donald Trump said Washington is under "no pressure" to achieve a trade deal with China as the prospect of new tariffs loom. The comments come amid reports the two sides could resume talks to stave off a third round of US tariffs.

Tesla has increased the registered capital for its new Shanghai gigafactory from CNY100 million (US$14.6 million) to CNY4.67 billion to support new scope for the factory, including core automotive manufacturing operations and battery managements systems at the new factory, according to Sina.

China will seek permission from the World Trade Organization (WTO) to impose sanctions on the US next week, according to the WTO's meeting agenda.

Elon Musk has said he is retiring two of seven Tesla color options from his electric car range - Obsidian Black Metallic and Metallic Silver - to help speed up production times.

The company's ultimate objective is to displace lithium-ion as the battery of choice for high performance, mobile power applications.

Prime Minister Shinzo Abe said Thursday that domestic flights at Kansai International Airport, which closed down after powerful Typhoon Jebi flooded the runway and tarmac, will resume operations by the end of Friday. The announcement came as speculation was rife that the Kansai airport, one of the biggest airports in Japan, will not be able to resume operations for days or possibly weeks.

Typhoon Jebi on Tuesday struck the heart of one of Japan's largest metro areas, killing 10 people and shutting down Osaka's main international airport indefinitely. The storm also shuttered shops, factories and amusement parks.

SoftBank reportedly won't buy into next month's IPO by electric car maker Nio Inc. The Japanese electronics giant explored investing as much as US$200 million in the Chinese car maker whose US headquarters is in San Jose, according to the Wall Street Journal.

A minor fire on the grounds of the Tesla Inc factory in California on Thursday evening was contained by the Fremont fire department, a Tesla spokesperson told Reuters.

Russian manufacturing firm Kalashnikov has wheeled out a retro-looking electric car it says will give Elon Musk's Tesla a run for its money. The firm behind the famous AK-47 assault rifle presented the eggshell-blue prototype vehicle, the CV-1, at an event near Moscow.

The US and China are expected to impose fresh tariffs on US$16 billion of each other's goods on Thursday as their tit-for-tat trade war rages on. The second round of tariffs will see a total of US$50bn worth of goods from each side that will now be taxed.

The employee Tesla is suing for theft of proprietary information has tweeted photos and other details, perhaps in an attempt to back up some of the claims he made against the automaker.

Chinese researchers are claiming an organic solar cell record - 17.3% efficiency under standard sunlight conditions from a solution-processes structure - as opposed to more-complex vacuum processing.

US President Donald Trump has issued a strong warning to anyone trading with Iran, following his re-imposition of sanctions on the country.

Musk said de-listing from the stock exchange meant Tesla would no longer be pressured into making short-term decisions to appease investors.

Apple has become the world's first public company to be worth US$1 trillion. The iPhone maker's market value reached the figure in New York on Thursday and its shares closed at a new record high of US$207.39.

The future of Tesla hinges on the Model 3, the lower-priced sedan that Elon Musk wants to sell in large numbers. The company has to both build them fast enough and make a profit doing it. Fail at either one, and the company will struggle and eventually sink.

The US is considering 25% tariffs on US$200 billion of Chinese goods, much higher than the 10% it previously indicated it might impose, reports say.

The need for cash is so urgent that Tesla has reportedly made an unusual request: It's asking some suppliers for partial refunds, according to The Wall Street Journal.

South Korea has warned that the trade war between the US and China could hit its exports of "intermediary goods" used in Chinese home appliances, computers and telecoms devices, fuelling concerns over the economic impact on third countries.

The US and China are in the early innings of a trade war, and prominent economist Stephen Roach says it's the United States that's on track to lose.

The US has ramped up its trade war with China, listing US$200 billion worth of additional products it plans to place tariffs on as soon as September. The move comes just days after the two countries imposed tit-for-tat tariffs of US$34 billion on each other's goods.

South Korea's Hanwha Q Cells' market share grew 2pp last year to 12.9%, becoming the first overseas producer to top Japan's solar panel market, according to a survey conducted by Nikkei, tapping demand for inexpensive residential products. Canadian Solar Japan and China's JinkoSolar also managed to increase their share.

Wall Street is obsessed with Tesla Model 3 production numbers. To some degree, this is understandable. But, according to one disruptive Wall Street analyst, Tesla's production numbers don't accurately reflect the bigger picture for Elon Musk.

Indian solar developer Azure Power has confirmed it has secured 600MW in a 2GW solar auction by Solar Energy Corporation of India (SECI).

Tesla's news isn't all positive now that it has met its Model 3 production milestone. The company has confirmed to Bloomberg that senior engineering VP Doug Field has left the company. It's not clear why Field left or who his replacement will be.

President Donald Trump is coming to Wisconsin to officiate at Thursday's ceremonial groundbreaking for the massive Foxconn Technology Group project in Racine County - and to put his personal stamp on his vision of an American manufacturing revival.

Google parent company Alphabet is in discussions to spin out a molten-salt energy storage project in a transaction with Breakthrough Energy Ventures, a US$1 billion fund devoted to energy research, MIT Technology Review has reported. It is unclear if a deal has been finalized or how much money may be involved.