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Bentley to roll out one electric car annually for five years from 2025
(Reuters) - Luxury carmaker Bentley unveiled plans on Tuesday to build a new electric model annually for five years from 2025 after its annual profit skyrocketed, as the British firm builds on parent ...
Syndicated Content Mar 15, 2022
Cryptoverse: Bitcoin’s scared of commitment, Mr Biden
By Medha Singh (Reuters) - Bitcoin loves flirting with the mainstream. But now, as the U.S. president says he wants to get serious, it may be getting cold crypto feet. When Joe Biden ordered officials...
Syndicated Content Mar 15, 2022
Yum China, BYD say China’s COVID curbs have impacted operations
SHANGHAI (Reuters) - Chinese businesses from automaker BYD to KFC operator Yum China say their operations have already been hit by the country's latest COVID-19 curbs, with more disruption expected as...
Syndicated Content Mar 15, 2022
Analysis – Investors see risks spiking, fear market-wide liquidity crunch
By Davide Barbuscia NEW YORK (Reuters) - Wild swings in asset prices following Russia's invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of vola...
Syndicated Content Mar 15, 2022
Binance gets its first Gulf crypto licence in Bahrain
DUBAI (Reuters) - The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first such licence in the Gulf Cooperation C...
Syndicated Content Mar 15, 2022
Weak growth, inflation to keep BOJ an outlier with dovish policy tone
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by prospects of rising ...
Syndicated Content Mar 14, 2022
Reliance buys assets of battery maker Lithium Werks in clean energy, transport push
By Aditi Shah NEW DELHI (Reuters) - Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as...
Syndicated Content Mar 14, 2022
Tesla increases prices of some China-made vehicles by about 5%
BEIJING (Reuters) - Tesla Inc raised prices by about 5% on Tuesday for some of its China-made Model 3 and Model Y products, the website of the U.S. electric vehicle maker showed, in its second such hi...
Syndicated Content Mar 14, 2022
Amazon accuses India’s Future, Reliance of ‘fraud’ in newspaper ads
NEW DELHI (Reuters) - Amazon.com Inc on Tuesday took out ads in Indian newspapers that accuse Future Retail and Reliance of "fraud" after Reliance took over many of Future's stores. Amazon has been co...
Syndicated Content Mar 14, 2022
Fashion magnate Maezawa takes stake in ‘affectionate’ robot venture
By Makiko Yamazaki and Sam Nussey TOKYO (Reuters) - A Japanese state-backed fund said on Tuesday it sold its entire stake in robotics startup Groove X, which makes an "affectionate" companion robot, t...
Syndicated Content Mar 14, 2022
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