Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged…
Category: Business
Exclusive-Amazon likely to face investigation under EU tech rules next year, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its…
Analysis-Legal hurdles ahead for Google’s forced sale of Chrome
By Deborah Mary Sophia, Akash Sriram and Kenrick Cai (Reuters) – Efforts by U.S. antitrust regulators to break up Alphabet…
Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana’s government on terms for exploring…
Snowflake raises annual product revenue forecast, announces AI deal with Anthropic
(Reuters) -Data cloud and analytics provider Snowflake on Wednesday raised its annual product revenue forecast and announced a multi-year partnership…
Stellantis unveils technology to support flexible EV production, delays Ram electric pickup
By Nora Eckert DETROIT (Reuters) -Stellantis said on Tuesday it will deploy a new vehicle system that will support assembly…
Walmart stock set for best year since 1999 as profits jump
By Juveria Tabassum (Reuters) – Walmart shares are set for their best yearly gains in over two decades as the…
Trump’s social media group in talks to buy Bakkt, FT reports
(Reuters) -Donald Trump’s social media company is in advanced talks to buy crypto trading firm Bakkt, the Financial Times reported…
Facebook users affected by data breach eligible for compensation, German court says
BERLIN (Reuters) – A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and…
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
(Reuters) – Intrum, Europe’s biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United…