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Lucid joins Tesla-led EV price war with discounts on some Air models
(Reuters) - Lucid Group said on Thursday that customers will get a $7,500 credit on buying certain variants of the Air luxury electric car, revving up a price war started by market leader Tesla Inc. T...
Syndicated Content Feb 09, 2023
Biden plans to curb investment by U.S. firms in Chinese tech – NYT
(Reuters) - The Biden administration is poised to introduce new restrictions on U.S. companies funding the development of advanced computing technologies in China, the New York Times reported on Thurs...
Syndicated Content Feb 09, 2023
Bob Iger’s Disney revamp could keep critic Peltz ‘at bay’
(Reuters) - Walt Disney Co CEO Bob Iger dazzled Wall Street on Wednesday with sweeping changes and billions of dollars in cost cuts, and some analysts are convinced that will be enough to sway its har...
Syndicated Content Feb 09, 2023
Mexican bottler Arca reports 24% rise in Q4 net profit
MEXICO CITY (Reuters) - Mexican bottler Arca Continental reported a 24.2% increase in its fourth-quarter net profit year-over-year, the company said in a statement on Thursday, pointing to price incre...
Syndicated Content Feb 09, 2023
Brazil finance minister backs Lula on rates but is focused on economy -source
By Marcela Ayres and Ricardo Brito BRASILIA (Reuters) - Brazil's Finance Minister Fernando Haddad agrees with President Luiz Inacio Lula da Silva's view that interest rates need to drop, but is focuss...
Syndicated Content Feb 09, 2023
U.S. targets Iranian petrochemicals, petroleum in fresh sanctions
WASHINGTON (Reuters) - The United States on Thursday imposed sanctions on companies it accused of playing a critical role in the production, sale and shipment of Iranian petrochemicals and petroleum t...
Syndicated Content Feb 09, 2023
Britain sanctions seven Russians over cyber crime
LONDON (Reuters) -Britain said on Thursday it had sanctioned seven Russians over cyber crime in co-ordinated action with the United States, as the pair seek to crack down on those they blame for ranso...
Syndicated Content Feb 09, 2023
EU lawmakers’ body agrees on safeguards against illegal data transfers
By Foo Yun Chee BRUSSELS (Reuters) - A key committee at the European Parliament on Thursday agreed to stringent safeguards to prevent non-EU governments from gaining illegal access to EU data, drawing...
Syndicated Content Feb 09, 2023
U.S. cyber-related sanctions target six Russians, one Ukrainian -Treasury website
WASHINGTON (Reuters) - The Biden administration issued a new batch of Russia-related sanctions over cyber activities, according to a notice posted on the U.S. Department of Treasury website on Thursda...
Syndicated Content Feb 09, 2023
Ralph Lauren beats quarterly revenue estimates
(Reuters) - Ralph Lauren Corp beat Wall Street expectations for quarterly revenue on Thursday, as demand for its high-end clothing and accessories held up amid expectations of some affluent customers ...
Syndicated Content Feb 09, 2023
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