Category Archives:
Shale R&D cuts cast shadow on future of US oil production
By Liz Hampton (Reuters) - Shale technology advances that propelled the U.S. to the top global oil producer spot with world-beating growth rates are falling fewer and farther between as drilling budge...
May 25, 2023
Exclusive-Offshore access curbed for website of Chinese province facing Taiwan -sources
HONG KONG (Reuters) - Some offshore users of an official Chinese website providing economic and demographic data on the southeastern province of Fujian across from Taiwan say their access has been res...
May 25, 2023
India’s Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak – source
By M. Sriram MUMBAI (Reuters) - India's Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share ...
May 25, 2023
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
Peoria, IL, USA
38 °F Partly cloudy
