(Reuters) – PayPal Holdings Inc will need to cut more costs with its payment volumes expected to shrink as customers…
T-Mobile misses quarterly revenue estimates as competition bites
(Reuters) -T-Mobile US Inc missed fourth-quarter revenue estimates on Wednesday despite adding nearly 1 million wireless subscribers, as competitors ramped…
Vodafone endures more pain in Spain and Germany
By Paul Sandle LONDON (Reuters) -Vodafone reported a steeper-than expected slowdown in its third quarter, the first under interim boss…
Exclusive-President Jokowi “confident” Tesla will invest in Indonesia
By Gayatri Suroyo, Kate Lamb and Ananda Teresia JAKARTA (Reuters) – Indonesian President Joko Widodo is confident Tesla Inc will…
Exclusive-Tesla to raise Shanghai output after price cuts stoke demand -memo
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet…
China’s Xi vows to help consumers spend ‘without worries’
BEIJING (Reuters) – Chinese President Xi Jinping telegraphed plans to revive consumption and reaffirmed an ambition to accelerate the country’s…
EU’s Breton tells Twitter to do more to comply with bloc’s tech rules
(This Jan. 31 story has been refiled to add timing for compliance with rules) BRUSSELS (Reuters) – EU industry chief…
SK Hynix warns chip downturn to worsen in Q1, posts record quarterly loss
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc cautioned that the chip industry downturn, the…
Investors go back to basics with simpler self-driving vehicles
By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere has…
EV battery maker ONE raises $300 million, now valued at $1.2 billion
By Paul Lienert (Reuters) – Michigan-based battery startup Our Next Energy (ONE) on Wednesday said it closed a $300 million…