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NXP CEO Sievers applauds EU Chips Act, hopes governments coordinate
ENNISKERRY, Ireland (Reuters) - The Chief Executive of Dutch-headquartered computer chip maker NXP Semiconductors on Wednesday applauded the passage of the EU Chips Act this week and said he hopes the...
Apr 19, 2023
As EV costs tumble in China, an export wave builds
SHANGHAI (Reuters) - Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price. Companies like BYD are solving that problem in China - and getting ready to solve it for...
Apr 19, 2023
Shanghai auto show crowds flock to BYD’s Seagull
By Casey Hall SHANGHAI (Reuters) - At the Shanghai auto show this week, the largest crowds can be found around an unassuming, bright yellow hatchback parked at the booth of China's largest electric ca...
Apr 19, 2023
TSMC seeks up to $15 billion from US but objects to certain conditions- WSJ
(Reuters) - Taiwan Semiconductor Manufacturing Co Ltd is pushing back on some of the conditions the United States has attached to chip-factory subsidies, as it seeks up to $15 billion from the U.S. go...
Apr 19, 2023
UK watchdog looks at Google’s proposals giving freedom to app developers on Play Store
(Reuters) - Britain's competition regulator said on Wednesday it was looking into proposals offered by Alphabet Inc's Google, which would give app developers the freedom to break away from Google Play...
Apr 19, 2023
Analysis-Planemakers talk up ‘surge capacity’ amid industrial woes
By Tim Hepher and Valerie Insinna PARIS/WASHINGTON (Reuters) - Planemakers have signalled a shift in production strategy to make factories more resilient to recent supply disruptions by adding "surge ...
Apr 19, 2023
Core euro zone inflation edges up in March, keeping ECB on alert
By Balazs Koranyi FRANKFURT (Reuters) - Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat said on Wednesday, confirming preliminary data that raised worri...
Apr 19, 2023
Euro zone current account surplus widens in February
FRANKFURT (Reuters) - The euro zone's current account surplus widened in February as imports fell thanks lower energy costs and already large net exports of services remained broadly steady, data from...
Apr 19, 2023
Mercedes includes buyback option as Russian assets sale given official approval
(Reuters) - Mercedes-Benz has agreed on a buyback option for its Russian assets, the sale of which has now been granted official approval, the German carmaker said on Wednesday, bringing its exit from...
Apr 19, 2023
Rheinmetall and KMW to upgrade Puma armoured vehicles for German army
(Reuters) - Rheinmetall and Krauss-Maffei Wegmann (KMW) have received an order from the German army to upgrade 143 Puma infantry fighting vehicles, the companies said on Wednesday The order for their ...
Apr 19, 2023
Peoria, IL, USA
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