Shares of Chinese electric vehicle manufacturer NIO Inc ( NIO ) – ADR are trading higher Thursday, extending a 40% monthly rally despite a lack of new company-specific news. The upward momentum appears to be driven by continued investor optimism ahead of a key product launch and supported by recently released positive delivery data. What To Know: The stock has...

July 31 (Reuters) - Uber ( UBER ) said it found more than 100 instances in which passengers who claimed its drivers sexually assaulted or harassed them offered bogus or doctored receipts to prove ridership, or did not explain their inability to provide receipts. In a Wednesday court filing, Uber ( UBER ) urged U.S. District Judge Charles Breyer in...

July 31 (Reuters) - Activist investor Carronade Capital Management is urging Viasat ( VSAT ) to split its broadband and defence units, the Financial Times reported on Thursday, citing people familiar with the matter. ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...