Category Archives:
Downward spiral of new car registrations in Europe slows – ACEA
BERLIN (Reuters) - The downward spiral of new car registrations in Europe since July is easing, industry data showed on Friday, with the number of new vehicles registered in November down 17.5% compar...
Dec 17, 2021
Stellantis reshuffles European financing operations through new JVs with banks
MILAN (Reuters) - Stellantis said on Friday it had entered exclusive talks with BNP Paribas, Credit Agricole and Santander as it seeks to overhaul its financing operations in Europe through new partne...
Dec 17, 2021
Batteries included? Northvolt goes all out to meet 2021 launch goal
By Helena Soderpalm and Supantha Mukherjee STOCKHOLM (Reuters) - Northvolt Chief Executive Peter Carlsson wants to take on his old boss Elon Musk with the greenest electric vehicle batteries in the wo...
Dec 17, 2021
Malaysia’s Supermax to spend $350 million for first U.S. facility amid import ban
KUALA LUMPUR (Reuters) -Malaysian glove maker Supermax Corp said on Friday it would invest $350 million to start building its first manufacturing facility in the United States, despite an ongoing ban ...
Dec 17, 2021
China to amend laws to allow ride-hailing drivers and food delivery workers to form unions
BEIJING (Reuters) - China plans to amend laws to allow ride-hailing drivers and food delivery workers to form unions, state media reported on Friday. China will review the amendment on the union law f...
Dec 17, 2021
China’s Alibaba sets $100 billion target for Southeast Asian e-commerce division
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total sum of purchasing transactions, for its...
Dec 17, 2021
Boeing wants to build its next airplane in the ‘metaverse’
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) - In Boeing Co's factory of the future, immersive 3-D engineering designs will be twinned with robots that speak to each other, while mechanic...
Dec 17, 2021
Mexican financial council warns of ‘prolonged’ economic weakness
MEXICO CITY (Reuters) - Mexico's economy faces the risk of "prolonged and more accentuated weakness" on softer consumer buying and investment, due in large part to the pandemic's economic drag amid a ...
Dec 17, 2021
Microsoft’s Bing suspends auto suggest function in China at government’s behest
BEIJING (Reuters) -Microsoft Corp's Bing, the only major foreign search engine available in China, said it has been required by a "relevant government agency" to suspend its auto suggest function in C...
Dec 16, 2021
China’s Tsinghua Unigroup dismisses chairman’s criticism, defends restructuring plan
SHANGHAI (Reuters) - The management of debt-laden Chinese chip conglomerate Tsinghua Unigroup, set for a state-backed takeover, late on Thursday said its estranged official chairman, also a major inve...
Dec 16, 2021
Peoria, IL, USA
63 °F Rain, Mist
