BEIJING/HONG KONG (Reuters) – Chinese automaker Geely’s new energy vehicle subsidiary on Wednesday said its brand Farizon has raised over…
Analysis-Ford, VW pop the automated-vehicle bubble with Argo AI exit
By Paul Lienert DETROIT (Reuters) – The road map to fully self-driving vehicles is being rewritten once again, this time…
Exclusive-Tesla faces U.S. criminal probe over self-driving claims-sources
By Mike Spector and Dan Levine Tesla Inc is under criminal investigation in the United States over claims that the…
China smartphone shipments slid 11% in Q3, research firm says
SHANGHAI (Reuters) -Smartphone shipments in China fell 11% year-on-year in the third quarter as the country’s slowing economy took a…
Investors punish Zuckerberg as costly metaverse pitch falls flat
By Chavi Mehta and Katie Paul (Reuters) – Wall Street is losing patience over Meta boss Mark Zuckerberg’s enormous and…
Samsung Elec names Jay Y. Lee executive chairman
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ de facto leader Jay Y. Lee was named executive chairman on Thursday,…
Elon Musk visits Twitter headquarters ahead of takeover deadline
(Reuters) -Billionaire Elon Musk said he paid a visit to Twitter Inc’s headquarters in San Francisco on Wednesday, ahead of…
Biden targets hidden ‘junk fees’ from banks, cable TV, concert tickets
By Hannah Lang, Doina Chiacu and Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden pledged on Wednesday to crack down on…
Credit Suisse nears sale of securitized-products group to Apollo, Pimco – source
(Reuters) -Credit Suisse is nearing a deal to sell its securitized-products group to investors Apollo Global Management and Pacific Investment…
South Korean growth hits 1-year low in Q3, more challenges ahead
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s economic growth fell to its slowest in a year in…