(Reuters) – Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday. Volvo, which is majority-owned by China’s Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs…
(Reuters) – Nikola said it has delivered a hydrogen fuel cell powered electric semi-truck to Walmart Canada, making it the first major retailer in the country to add it to its fleet. Reuters reported in April Tesla Semi trucks were in short supply for customers, including Walmart and Pepsi, and the companies were turning to…
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Elon Musk is offering factory tours to 15 Tesla shareholders who vote on his $56 billion pay package at the upcoming meeting, the latest effort by the electric vehicle maker to rally votes for the compensation after a court struck it down. The upcoming vote is seen as…
WASHINGTON (Reuters) – China has not responded to U.S. nuclear-weapons risk-reduction proposals and Washington has questions about Beijing’s call for no-first-use talks while China continues to build up its arsenal, the top U.S. arms control official said on Wednesday. Under Secretary of State Bonnie Jenkins told the Senate Foreign Relations Committee the U.S. estimates China…
By David Shepardson WASHINGTON (Reuters) -A U.S. appeals court on Monday said it will hold oral arguments on Sept. 16 on legal challenges to a new law requiring China-based ByteDance to divest TikTok’s U.S. assets by Jan. 19 or face a ban. On May 14, a group of TikTok creators filed suit to block the…
(Reuters) – Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as the media and broadband company looks to retain subscribers in the face of stiff competition. The new bundle, StreamSaver, will be available to all its broadband, TV and mobile subscribers and at a “vastly reduced…
PARIS (Reuters) – Google Cloud will use Mistral AI’s Codestral artificial intelligence model for Google’s Vertex AI service, Google Cloud said on Wednesday. WHY IT’S IMPORTANT: The partnership highlights the rapid growth and popularity of Mistral AI, which many analysts view as the European alternative to the Microsoft-backed OpenAI. Google, meanwhile, is building its own…
WASHINGTON (Reuters) – The U.S. Treasury on Thursday said no major trading partner appeared to manipulate its currency last year, but it added Japan to a foreign exchange “monitoring list,” alongside China, Vietnam, Taiwan, Malaysia, Singapore and Germany, which were on the previous list. The Treasury’s semi-annual currency report also found that no major trading…
Gran Tierra Energy Inc. ( “Gran Tierra” or the “Company” ) ( NYSE:GTE ) ( TSX:GTE ) ( LSE:GTE ) announces that the Company will release its 2025…
BEIJING (Reuters) – Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models. The discounting comes as the U.S. tech giant seeks to defend its position in the high-end smartphone market, where it faces increasing competition from local rivals…
