Toyota to speed up EV production, aims for over 600,000 vehicles in 2025
(Reuters) -Toyota Motor will speed up production of electric vehicles of its Toyota (NYSE:TM) and luxury Lexus brands, the Nikkei…
Gold prices rise as dollar comes off six-mth peak, but outlook dim
Gold prices rose slightly on Friday, taking some relief as the dollar retreated from a six-month high, although the prospect…
US finalizes rules to prevent China from benefiting from $52 billion in chips funding
(Reuters) – The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used…
Oil prices rise as supply concerns outweigh demand fears
(Reuters) – Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply…
Nikkei slips amid Wall Street downturns, BOJ maintains relaxed policy
The Nikkei share average ended Friday with a 0.52% drop to 32,402.41, following an earlier slump to a nearly month-long…
Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale
(Reuters) – Over a hundred customers queued inside Apple (NASDAQ:AAPL)’s flagship store in the Chinese financial hub of Shanghai on…
AI chip industry sees turbulence as Google weighs manufacturing options
Thursday’s stock market slump was marked by significant movements in the artificial intelligence (AI) chip industry. Investor discomfort with the…
Microsoft lifts quarterly dividend by 10% amid strong business performance
In a testament to its robust business performance and confidence in its cash flow, Microsoft (NASDAQ:MSFT) announced a 10% increase…
Netflix can be sued by ex-Central Park Five prosecutor for defamation
(Reuters) – Netflix was ordered by a federal judge to face a defamation lawsuit by best-selling author and former Manhattan…
EU antitrust regulators set Oct. 23 deadline for Arcelik, Whirlpool deal
(Reuters) – EU antitrust regulators will decide by Oct. 23 whether to clear Turkish domestic appliances maker Arcelik’s proposed purchase…