Category Archives:
Norway should move faster on crypto rules, central bank says
OSLO (Reuters) - Norwegian authorities should move to establish a national regulatory framework for cryptoassets and not wait for European legislation to come into effect, Norway's central bank said o...
May 25, 2023
Crypto lender Celsius picks Fahrenheit’s bid for bankruptcy exit
(Reuters) - Bankrupt crypto lender Celsius Network LLC said on Thursday it has chosen Fahrenheit's proposal as the winning bid to manage a new entity to be owned by its creditors, directing itself out...
May 25, 2023
Abu Dhabi makes its Falcon 40B AI model open source
DUBAI (Reuters) - The emirate of Abu Dhabi is making a large-scale artificial intelligence model, "Falcon 40B", available open source for research and commercial use, the government's Advanced Technol...
May 25, 2023
BYD and Great Wall Motor locked in rare war of words over EV emissions
SHANGHAI/BEIJING (Reuters) - China's Great Wall Motor said on Thursday it has filed a report with the country's regulators against BYD alleging that two of the electric vehicle giant's models did not ...
May 25, 2023
Vietnam’s VinFast recalls all of first batch EVs shipped to US over security risk
(Fixes typo in last paragraph) HANOI (Reuters) - Vietnamese electric vehicle maker VinFast is recalling all of its first batch of vehicles it shipped to the United States following a security warning ...
May 25, 2023
Germany enters recession
BERLIN (Reuters) - The German economy contracted slightly in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Th...
May 25, 2023
British EV maker Arrival seeks second chance with US EV tax credits
By Paul Lienert and Nick Carey DETROIT/BICESTER, England (Reuters) - British electric van startup Arrival, which has hit many road bumps in its quest to become the next Tesla Inc, now hopes huge subsi...
May 25, 2023
Grab co-founder Tan Hooi Ling to step down from operational roles
By Maria Ponnezhath (Reuters) - Singapore-based Grab Holdings Ltd said on Thursday that its co-founder Tan Hooi Ling will step down from her operating roles at the ride-hailing company by the end of t...
May 25, 2023
China’s Changxin Memory appoints CICC, China Securities for local IPO -sources
By Kane Wu and Scott Murdoch HONG KONG (Reuters) - Chinese chip maker Changxin Memory Technologies Inc (CXMT) has appointed investment banks CICC and China Securities as sponsors for its planned domes...
May 25, 2023
The end of King Dollar? The forces at play in de-dollarisation
By Naomi Rovnick and Libby George LONDON (Reuters) - Rivalry with China, fallout from Russia's war in Ukraine and wrangling once again in Washington over the U.S. debt ceiling have put the dollar's st...
May 25, 2023
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