Elon Musk has reached a deal over fraud charges that will see him step down as electric automaker Tesla's chairman of the board and pay a $20 million fine but stay on as CEO, US securities regulators said Saturday.

Stocks fell Monday across the globe as US tariffs on an additional $200 billion of Chinese imports kicked in, clouding the global economic outlook with prospects of an intensified trade war between the world's top economies.

It's a big fine for the ride sharing companies.

For an authentic taste of Paris life, bypass the Champs-Elysées and head over to the colourful Kurdish and Indian community of Strasbourg-Saint-Denis. While in Seoul, gloss over Gangnam and instead add the Euljiro neighbourhood to your itinerary. Because those are among some of the places that make Time Out's top 50 list of coolest neighbourhoods in the world right now.

Indonesia looks set to get a huge cash injection courtesy of Amazon.

Apple on last week unveiled updated versions of its priciest iPhones along with a new smartwatch that allows users to take their own electrocardiograms, as the US tech giant looks to boost its momentum in a sputtering market.