By Dave Graham MEXICO CITY (Reuters) – Mexico’s hopes of reaping an investment windfall from a U.S. drive to boost…
U.S. lawmakers unveil bipartisan bid to ban China’s TikTok
WASHINGTON (Reuters) – Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China’s popular social media app TikTok,…
Musk’s banks to book Twitter loan losses, avoid big hits -sources
By Lananh Nguyen, Saeed Azhar and Shankar Ramakrishnan NEW YORK (Reuters) -Some of the banks that lent Elon Musk $13…
Chinese dealers seek compensation over Stellantis Jeep failure
SHANGHAI (Reuters) – Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after…
U.S. lawmakers introduce bill to restrict Huawei’s access to banks
(Reuters) -U.S. lawmakers have introduced a bipartisan bill to sanction Chinese tech company Huawei Technologies Ltd and Chinese 5G companies,…
Mercedes-Benz gears up powertrain network for EVs from 2024
BERLIN (Reuters) – Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production…
U.S. to add over 30 Chinese companies to trade blacklist -Bloomberg News
(Reuters) – The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms…
Exclusive-China readying $143 billion package for its chip firms in face of U.S. curbs -sources
By Julie Zhu HONG KONG (Reuters) -China is working on a more than 1 trillion yuan ($143 billion) support package…
Exclusive-How a secret software change allowed FTX to use client money
By Angus Berwick, John Shiffman and Koh Gui Qing (Reuters) – In mid-2020, FTX’s chief engineer made a secret change…
FTX founder Bankman-Fried’s bail denial could increase chance of extradition
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried’s failure to secure release on bail in the Bahamas on Tuesday…