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PRESS DIGEST- Wall Street Journal - April 29

Reuters SG
·1-min read

April 29 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Tesla has won Beijing's blessing to roll out its advanced driver-assistance service in China, as chief executive Elon Musk made a surprise visit to the company's biggest overseas market.

- Royal Philips said it has reached a $1.1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance.

- Australia's TPG Telecom and Optus, owned by Singapore Telecommunications, have signed network sharing agreements to increase TPG's coverage and cut capital spending.

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- International Consolidated Airlines Group's proposed $427.7 million acquisition of Air Europa could reduce competition, the European Union said.

($1 = 1.5223 Australian dollars) (Compiled by Bengaluru newsroom)