SHANGHAI/BEIJING (Reuters) -Tesla Inc has increased the starting price of its Model Y crossovers by 0.8% to 261,900 yuan ($38,577.11)…
India retail inflation likely rebounded to 5.9% in Jan: Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) – Higher food prices likely nudged up India’s annual retail inflation last month from a…
Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue
SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday warned of a weak 2023 despite record high…
News Corp plans job cuts, misses estimates for earnings
By Chavi Mehta, Helen Coster and Dawn Chmielewski (Reuters) -News Corp said on Thursday that it would cut 5% of…
Lyft says lower prices to hit profit, shares drop 30%
By Nivedita Balu (Reuters) – Lyft Inc on Thursday forecast current-quarter profit far below Wall Street targets as the ride-hailing…
Meta, law firm Gibson Dunn sanctioned in Facebook privacy case
By Andrew Goudsward (Reuters) – A U.S. judge on Thursday sanctioned Meta Platforms Inc and its law firm, Gibson, Dunn…
Wall St dips as Treasury yields rise after auction
By Carolina Mandl (Reuters) – U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after…
SpaceX test-fires Starship booster in milestone for debut orbital launch
By Joey Roulette WASHINGTON (Reuters) -SpaceX’s towering Super Heavy booster, one half of the company’s Starship rocket system, briefly roared…
U.S. 5G airplane upgrade rules may cost industry $637 million -IATA
By David Shepardson WASHINGTON (Reuters) – Proposed U.S. requirements to retrofit airplane altimeters to ensure they are not susceptible to…
AbbVie sees 37% drop in Humira sales this year as biosimilars hit U.S. market
By Leroy Leo and Mariam ESunny (Reuters) – AbbVie Inc said on Thursday it expects sales of its flagship rheumatoid…