JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric vehicle

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

How much road tax must be paid to drive an electric car in Switzerland varies significantly depending on the canton. It can also change with little warning, reported SRF this week. Photo by David V

The European car market stagnated last year, with EVs taking the grunt of the fall. However, it’s worth looking at the details.

The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,

Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing

China's continuously optimized business environment is boosting its attractiveness among foreign enterprises operating in the country, and they are indicating a higher willingness to increase investments in China, trade promotion officials said on Friday.

Davos (Switzerland) (AFP) – German Chancellor Olaf Scholz on Tuesday vowed to "defend free trade as the basis of our prosperity", a day after US President Donald Trump threatened to impose tariffs and taxes on trade partners. "Isolation comes at the ...

Tesla's updated version of the Model Y is now available to order in the US, Canada, the UK, and mainland Europe — weeks after it was unveiled in China. In the US, the refreshed car, including ...