TOKYO (Reuters) – Japan’s Mitsubishi Corp and Nissan have decided to establish a joint venture to provide services related to autonomous driving and using electric vehicle batteries as storage batteries, the Yomiuri newspaper reported on Monday. The new company will […]
(Reuters) – The U.S. safety regulator said on Monday it has closed a probe into an estimated 411,315 Ford SUVs and pickup trucks over a loss of motive power. In 2022, the National Highway Traffic Safety Administration had opened its
NHTSA closes probe into more than 411,000 Ford vehicles due to loss of power Read More »
By Milana Vinn, Kane Wu, David French and Andres Gonzalez NEW YORK/LONDON (Reuters) – With any other president, promises of less regulation and lower corporate taxes would have Wall Street’s deal machine salivating at the prospect of a feeding frenzy.
Analysis-For dealmakers, regulatory chaos would undercut Trump’s pro-business tilt Read More »
By Nicholas P. Brown (Reuters) – Big-name retailers such as Walmart are increasingly using analytics to blunt the impact of one of the most unpredictable performance variables of shopping: weather. Weather data, once used strictly for inventory planning, is now
Analysis-In changing climate, retailers turning to weather strategies Read More »
SEOUL (Reuters) – Singapore Airlines will spend 1.1 billion Singapore dollars ($834.66 million) to upgrade all classes on its 41 Airbus A350-900 long-haul and ultra-long-range planes by the end of 2030, the airline said on Monday. The airline group’s SIA
Singapore Airlines to spend $835 million upgrading long-haul Airbus A350 cabins Read More »
BEIJING (Reuters) -U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.7%
Tesla’s Oct China-made EV sales fall 5.3% y/y Read More »
By Aditya Kalra and Kane Wu NEW DELHI/HONG KONG (Reuters) – Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit’s IPO
Exclusive-Ambani’s Reliance Jio IPO set for 2025, retail debut much later, sources say Read More »
LONDON (Reuters) – Euro zone manufacturing showed some signs of stabilisation in October as while activity contracted for a 28th month it did so at a shallower pace, according to a survey which showed an ongoing decline in demand had
Euro zone manufacturing slump shows signs of stabilising in October, PMIs show Read More »
COPENHAGEN (Reuters) – Volvo Cars’ sales rose 3% year-on-year in October to 61,686 cars driven primarily by an increase in sales of fully electric and plug-in hybrid models in Europe, the Sweden-based automaker said on Monday. Volvo Cars, which is
Volvo Cars October sales rise 3% year-on-year Read More »
(Reuters) – Burberry shares rose 7.5% on Monday after a media report said Italian luxury outerwear maker Moncler was considering a bid for the British luxury retailer. (Reporting by Yamini Kalia in Bengaluru; Editing by Abinaya Vijayaraghavan)
Burberry shares jump on report that Moncler is considering a bid Read More »
