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

Latest From Reuters

Business|Technology

GM not reiterating 2025 1 million EV production capacity forecast

General Motors on Monday declined to reiterate its previously announced forecast that it would have 1 million units of electric vehicle production capacity in North America by the end of

GM not reiterating 2025 1 million EV production capacity forecast
Business|Entertainment|Technology

Disney's internal communications leaked online after hack, WSJ reports

Data from Walt Disney's internal Slack workplace collaboration system have been leaked online, including those related to ad campaigns, studio technology and interview candidates, the Wall

Disney's internal communications leaked online after hack, WSJ reports
Business|Technology

RTX unit Pratt & Whitney completes preliminary design review of engine upgrade

RTX Corp's Pratt & Whitney said on Monday it has completed the preliminary design review for an engine upgrade to increase durability and performance in all three variants of the F-35

RTX unit Pratt & Whitney completes preliminary design review of engine upgrade
Business|Technology

Musk signals delays to robotaxi unveiling for key design change

Tesla CEO Elon Musk on Monday signaled the automaker would take more time to unveil its robotaxi so it can incorporate an important design change to the front of the vehicle and "show off"

Musk signals delays to robotaxi unveiling for key design change
Business|Technology

French competition authority confirms investigation into Nvidia

The French competition authority confirmed on Monday that an investigation is underway into chipmaker Nvidia over alleged anti-competitive practices.

French competition authority confirms investigation into Nvidia
Business|Technology

Global smartphone market grew 6.5% in Q2, led by Samsung and Apple, IDC says

Global smartphone shipments rose 6.5% in the second quarter, driven by Samsung Electronics and Apple, preliminary data from IDC showed on Monday, but a full recovery in demand is yet to

Global smartphone market grew 6.5% in Q2, led by Samsung and Apple, IDC says
Business|Technology

Tesla's UK lawsuit for 5G patents licence thrown out by UK court

U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the

Tesla's UK lawsuit for 5G patents licence thrown out by UK court
Business|Technology

AutoNation expects hit to Q2 profit from CDK outage

U.S. auto retailer AutoNation said on Monday it expects a $1.50 per share hit to its second-quarter profit due to the disruptions caused by a cyberattack at retail technology provider CDK

AutoNation expects hit to Q2 profit from CDK outage
Business|Technology

Apple at all-time high after Morgan Stanley calls stock 'top pick' for AI efforts

Apple's shares rose 2.5% to a record high on Monday after Morgan Stanley raised its price target on the iPhone maker's shares and designated the stock as a "top pick," citing the company's

Apple at all-time high after Morgan Stanley calls stock 'top pick' for AI efforts
Business|Technology

Aviation Capital finalizes order for 35 Boeing 737 MAX jets

Aircraft lessor Aviation Capital Group has finalized an order for 35 Boeing 737 MAX jets, the companies said on Monday.

Aviation Capital finalizes order for 35 Boeing 737 MAX jets
Business|Economy|Technology

Apple's India sales jump 33% to near $8 billion last year, Bloomberg News reports

Apple's India sales jumped 33% to a record of almost $8 billion in the year through March, Bloomberg News reported on Monday, citing a person familiar with the matter.

Apple's India sales jump 33% to near $8 billion last year, Bloomberg News reports
Business|Technology

Airbus, Thales looking at merging some of their space activities - sources

European aerospace groups Airbus and Thales are exploring a potential tie-up of some of their space activities, two industry sources told Reuters on Monday, confirming an earlier

Airbus, Thales looking at merging some of their space activities - sources
Business|Economy|Technology

Atos secures funding of $1.82 billion to restructure its debt

French IT company Atos said on Monday it had secured funding of 1.675 billion euros ($1.82 billion) to restructure its debt through a lock-up agreement with a group of banks and bondholders

Atos secures funding of $1.82 billion to restructure its debt
Business|Economy|Technology

China asks WTO to set up panel for US electric vehicle subsidies dispute

China has requested the World Trade Organization set up an expert panel to help settle a dispute over electric vehicles subsidies under the U.S.

China asks WTO to set up panel for US electric vehicle subsidies dispute
Business|Economy|Technology

TomTom suspends 2025 targets as weak car demand hits sales

Digital mapping specialist TomTom suspended its revenue target for 2025 and trimmed its expectations for this year on Monday as weak demand for new

TomTom suspends 2025 targets as weak car demand hits sales
Business|Technology

India's HCLTech gains on growth outlook, demand recovery hopes

Shares of HCLTech rose as much as 5% in early trading on Monday after India's No.3 IT services provider projected growth in most verticals and geographies in the upcoming quarter

India's HCLTech gains on growth outlook, demand recovery hopes
Business|Technology

TSMC second-quarter profit seen jumping 30% on surging AI chip demand

Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on

TSMC second-quarter profit seen jumping 30% on surging AI chip demand
Business|Technology

Star Entertainment faces system issues, electronic gaming machines shut down

Australia's Star Entertainment Group said on Monday its systems have been disrupted by performance issues, resulting in the shutdown of all electronic gaming machines and electronic table

Star Entertainment faces system issues, electronic gaming machines shut down
Business|Technology

Boeing begins 777-9 certification flight trials with US FAA

Boeing has started certification flight testing of its long-delayed 777-9 with U.S. aviation regulators onboard, the U.S. planemaker said in an

Boeing begins 777-9 certification flight trials with US FAA
Business|Technology

HCLTech projects growth as Indian IT industry bets on cautious recovery

India's No.3 IT services provider HCLTech reported a 6.7% rise in first-quarter revenue on Friday, and projected growth in most

HCLTech projects growth as Indian IT industry bets on cautious recovery
Business|Technology|World

Taiwan president thanks Micron CEO for his trust in Taiwan

Taiwan President Lai Ching-te thanked memory chipmaker Micron's Chief Executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public

Taiwan president thanks Micron CEO for his trust in Taiwan
Business|Technology

Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment

Ericsson beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to

Ericsson Q2 tops forecasts on rising N.America demand for telecom equipment
Business|Technology

Australia's competition regulator starts informal review of TPG Telecom-Optus deal

Australia's competition watchdog has started an informal review of the network sharing deal between TPG Telecom and Optus, owned by Singapore Telecommunications, the regulator said on

Australia's competition regulator starts informal review of TPG Telecom-Optus deal
Business|Technology

Tesla launches new Model 3 long-range variant at $42,490, website shows

Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price $5,000 lower than the all-wheel drive version, according to the electric vehicle

Tesla launches new Model 3 long-range variant at $42,490, website shows
Business|Technology

Boeing warns customers of further delays on 737 Max, Bloomberg News says

Boeing has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 might face additional delays of three to six months, Bloomberg News reported on

Boeing warns customers of further delays on 737 Max, Bloomberg News says

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