DUBAI / Emirates Business Nissan Motor Co., Ltd. will build more models using a new type of steel that combines high tensile strength with a previously unachievable degree of formability, resulting in lighter vehicles that can help lower emissions while protecting occupants. Nissan is the world’s first carmaker to use the high-formability steel, with a tensile strength of 980 megapascals, ...

Bloomberg China Tower Corp., the company behind the world’s largest initial public offering in two years, averted a repeat of smartphone maker Xiaomi Corp.’s disappointing coming-out party last month and eased concerns about future IPO prospects. Shares of the state-run company, which operates almost all of China’s mobile-phone towers, closed unchanged from its IPO price of HK$1.26 in Hong Kong. ...

Bloomberg Tesla Inc Chief Executive Officer Elon Musk and advisers are seeking a wide pool of investors to back a potential take-private of the automaker to avoid concentrating ownership among a few new large holders, according to people familiar with the matter. Tesla is holding early discussions with banks about the feasibility and structure of a possible deal, the people ...