By David Shepardson WASHINGTON (Reuters) -Tesla Inc will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD)…
Hedge funds’ short-covering of tech bets is 2nd biggest in a decade – banks
By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those…
South Korea looking into bonuses at insurers, card firms – Yonhap
SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as…
Wall Street ends down sharply as data fuels rate-hike worries
By Johann M Cherian and Noel Randewich (Reuters) – Wall Street ended sharply lower on Thursday after unexpectedly strong inflation…
China to scrutinize Ford’s EV battery deal with CATL -Bloomberg News
(Reuters) -China will scrutinize Ford Motor Co’s latest deal with battery giant CATL to ensure the Chinese company’s core technology…
U.S. official says Russia’s crude output cut signals unsold oil
By Arathy Somasekhar and Stephanie Kelly HOUSTON (Reuters) -Russia’s decision to cut crude oil production by 500,000 barrels per day…
DoorDash projects strong demand for food, grocery orders; shares jump
By Granth Vanaik (Reuters) – DoorDash Inc said on Thursday it would buy back $750 million worth of stock and…
Air Lease says aircraft delivery delays not abating
(Reuters) – Air Lease Corp said on Thursday aircraft delivery delays were not getting any better as labor and parts…
Visa’s finance chief Vasant Prabhu to leave payments giant
By Manya Saini (Reuters) -Visa said on Thursday its chief financial officer, Vasant Prabhu, will leave the company on Sept.…
Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging…