Today: October 04, 2024
Today: October 04, 2024

Latest From Reuters

Business|Environment|Europe|Technology

Renault CEO says sector could face billions in fines as EV sales slow

Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on

Renault CEO says sector could face billions in fines as EV sales slow
Business|Technology

New iPhone will use Arm’s chip technology for AI, FT reports

Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank-owned Arm’s newest V9 chip design, the Financial Times

New iPhone will use Arm’s chip technology for AI, FT reports
Business|Economy|Technology

Carmakers adjust electrification plans as EV demand slows

Japan's Toyota Motor has reportedly slashed its electric vehicle production plans for 2026 by a third, the latest automaker to roll back EV plans amid slowing demand.

Carmakers adjust electrification plans as EV demand slows
Business|Europe|Technology

Airbus posts lower deliveries, wins bumper order from private customer

Airbus deliveries fell in August after a sharp spike in the previous month, the European planemaker said on Friday, a decline which analysts said leaves it with the task of achieving

Airbus posts lower deliveries, wins bumper order from private customer
Business|Technology|Travel

Japan Airlines expects no flight cancellations from A350 inspections

Japan Airlines said on Friday it did not expect flight cancellations or delays and Virgin Atlantic said it would try to limit disruptions due to

Japan Airlines expects no flight cancellations from A350 inspections
Business|Europe|Technology

Volkswagen's German battery plant to stay at half capacity amid cost pressures

Volkswagen's PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in Germany for now, its works council said, as the sector adjusts

Volkswagen's German battery plant to stay at half capacity amid cost pressures
Asia|Business|Technology

Toyota cuts 2026 global EV output plans by a third, Nikkei reports

Japan's Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei business daily reported, becoming the latest automaker to roll back electric car

Toyota cuts 2026 global EV output plans by a third, Nikkei reports
Technology

X global affairs head Nick Pickles resigns

X's global affairs head Nick Pickles said on Thursday he is quitting after a decade with the social media company formerly called Twitter.

X global affairs head Nick Pickles resigns
Business|Crime|Entertainment|Technology

YouTube terminating Tenet Media channel after US indictment

Alphabet's YouTube said on Thursday it was terminating the Tenet Media channel and four channels operated by Tenet owner Lauren Chen, following an indictment from the U.S.

YouTube terminating Tenet Media channel after US indictment
Business|Crime|Europe|Technology

Durov says French authorities should have complained to Telegram, not detained him

The founder of the Telegram messaging app, Pavel Durov, under investigation in France, said early on Friday that French authorities should have approached his company with their complaints

Durov says French authorities should have complained to Telegram, not detained him
Asia|Business|Technology

Japan to give up to $2.4 billion in new support for domestic EV battery production

Japan will hand out more subsidies for electric-vehicle battery production, pledging as much as $2.4 billion in support for related projects by Toyota Motor and other major companies,

Japan to give up to $2.4 billion in new support for domestic EV battery production
Business|Finance|Technology

Salesforce to buy data protection provider Own Company for $1.9 billion

Salesforce said on Thursday it would buy Own Company, a provider of data protection and management solutions, for $1.9 billion in cash to accelerate growth of its data security and privacy

Salesforce to buy data protection provider Own Company for $1.9 billion
Technology

Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

Chipmaker Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment.

Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall
Business|Technology

FedEx invests in AI robotics company Nimble to boost its supply chain business

FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant's Fulfillment unit which aids small and medium-sized

FedEx invests in AI robotics company Nimble to boost its supply chain business
Business|Technology

AT&T makes final offer to striking CWA union

Telecom operator AT&T has presented the Communications Workers of America's bargaining committee with its final offer, the union said on Thursday, adding that the proposal did not meet its

AT&T makes final offer to striking CWA union
Europe|Technology

Four victims on Mike Lynch yacht died of suffocation, autopsies suggest

Initial examinations of four of the people killed when British tech tycoon Mike Lynch's family yacht sank off Sicily last month indicated they had died of suffocation as oxygen ran

Four victims on Mike Lynch yacht died of suffocation, autopsies suggest
Business|Finance|Technology

BNY to buy Archer to boost managed account services in asset, wealth managers

BNY has agreed to buy Archer, a technology and operations provider that will help the U.S. bank expand its services to asset and wealth managers, the companies said on Thursday.

BNY to buy Archer to boost managed account services in asset, wealth managers
Business|Economy|Technology

US planned layoffs surge in August, recruitment firm Challenger says

U.S. employers in August unveiled the greatest number of layoffs in five months, led by cuts in the technology sector, amid a cloudy outlook for growth and ongoing cost concerns, a monthly

US planned layoffs surge in August, recruitment firm Challenger says
Technology

Ilya Sutskever on how AI will change and his new startup Safe Superintelligence

Ilya Sutskever, OpenAI's former chief scientist, has launched a new company called Safe Superintelligence (SSI), aiming to develop safe artificial intelligence

Ilya Sutskever on how AI will change and his new startup Safe Superintelligence
Business|Finance|Technology

C3.ai slumps 15% on weak quarterly subscription revenue

Shares of C3.ai, which makes software for enterprise artificial intelligence, slumped nearly 15% on Thursday, as subscription revenue was squeezed by slow

C3.ai slumps 15% on weak quarterly subscription revenue
Business|Europe|Technology

BMW plans to bring its first hydrogen car onto the market from 2028

BMW aims to bring its first hydrogen-powered vehicle onto the market in 2028, using fuel cell technology developed with Toyota Motor Corp, the German carmaker said on Thursday.

BMW plans to bring its first hydrogen car onto the market from 2028
Business|Europe|Technology

Russian firms bought spare parts for 25-year-old ASML machines, says newspaper Trouw

Russian firms were able to obtain spare parts for 25-year-old ASML chipmaking machines in 2022 to 2023 on secondary markets despite European Union sanctions, Dutch newspaper

Russian firms bought spare parts for 25-year-old ASML machines, says newspaper Trouw
Business|Technology

Foreign investors buy India's IT, pharma stocks in August on US rate outlook

Foreign investors scooped up information technology and pharma stocks in August, which earn a significant share of their revenue from the U.S., on the prospect of a likely rate

Foreign investors buy India's IT, pharma stocks in August on US rate outlook
Business|Technology

TPG Telecom-Optus network sharing deal gets competition tribunal nod

TPG Telecom has received a green light from Australia's competition watchdog for a A$1.59 billion ($1.07 billion) infrastructure and network

TPG Telecom-Optus network sharing deal gets competition tribunal nod
Business|Economy|Environment|Technology

GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil

General Motors said on Wednesday that it would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil.

GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil

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