Category Archives:
Italian EV startup Aehra unveils new premium sedan
By Giulio Piovaccari MILAN (Reuters) - Italian electric-vehicle startup Aehra on Friday unveiled its new, European-made sedan which will serve the high-premium market segment and which joins the firm'...
Jun 16, 2023
VinFast posts deeper loss in Q1, eyes July completion of SPAC merger
HANOI (Reuters) - Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a net loss deepening to $598 million in the first full reporting period since...
Jun 16, 2023
Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) - Polish Prime Minister says Intel's new semiconductor assembly and test facility near Wroclaw, western Poland, will the biggest greenfield investment in the country and that he hoped...
Jun 16, 2023
UK public’s inflation expectations ease in May, Bank of England survey shows
LONDON (Reuters) -The British public's expectations for inflation in the coming 12 months cooled in May, according to a Bank of England survey on Friday that also showed net satisfaction with the cent...
Jun 16, 2023
Intel to invest $4.6 billion in new chip plant in Poland
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) - Intel said on Friday it will invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocaw, Pola...
Jun 16, 2023
Baidu wins licence to operate driverless taxis in Shenzhen
HONG KONG (Reuters) - China's tech firm Baidu Inc said on Friday that it has obtained a licence from regulators to offer driverless ride-hailing services in Shenzhen. Its fleet of robotaxis, under the...
Jun 16, 2023
Southeast Asia to set ‘guardrails’ on AI with new governance code -sources
By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial intelligence (AI) that will impose "guardrails...
Jun 16, 2023
European shares edge higher at open, defensive healthcare stocks up
(Reuters) - European shares opened higher on Friday as gains were led by defensive healthcare stocks at the end of a week dominated by major central bank policy decisions. The continent-wide European ...
Jun 16, 2023
ECB rate hikes my need to last beyond summer break: Nagel
FRANKFURT (Reuters) - European Central Bank rate hikes may need to last beyond the summer break, Bundesbank President Joachim Nagel said on Friday, after the ECB raised rates to a 22-year high of 3.5%...
Jun 16, 2023
Volkswagen to face investor grilling on China, costs at capital markets day
By Jan Schwartz and Victoria Waldersee (Reuters) - Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets and whet...
Jun 16, 2023
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