China’s Xi tells Bill Gates he hopes US-China friendship will continue
(Reuters) -Xi Jinping called Bill Gates “an old friend” and said he hoped they could carry out activities together beneficial…
Japan to give Toyota $841 million support for domestic EV battery output
(Reuters) – Japan will give Toyota up to $841 million in subsidies for the automaker’s investment in domestic production of…
Analysis-Tesla’s China expansion hits speed bump amid industry overcapacity
(Reuters) – Tesla (NASDAQ:TSLA)’s ambitious plan to boost auto production in Shanghai, its most valuable plant globally, hinges on China’s…
Chinese e-commerce giants entice cautious consumers with steep mid-year discounts
(Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after the pandemic, offering steep…
Jabil jumps as execution boosts Q3 results
Jabil (NYSE:JBL) shares gained over 4% at the beginning of Thursday’s session on the back of its third-quarter profit and…
SoFi Technologies cut to Neutral at Oppenheimer despite long-term bull thesis
Oppenheimer analysts downgraded shares of SoFi Technologies (NASDAQ:SOFI) to Perform, removing the price target in a note to clients on…
U.S. stocks steadying as Fed holds rates, signals hikes ahead
U.S. stocks were steadying a day after the Federal Reserve’s latest interest rate move. At 10:20 ET (14:20 GMT), the…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.15%
Saudi Arabia stocks were lower after the close on Thursday, as losses in the Hotels & Tourism, Petrochemicals and Real…
Stellantis Ventures pumps €100M into mobility and battery tech startups
Stellantis NV (NYSE:STLA) announced Thursday that their venture capital arm, Stellantis Ventures, will be investing €100 million ($108.3 million) in…
Google, one of AI’s biggest backers, warns own staff about chatbots
(Reuters) – Alphabet (NASDAQ:GOOGL) Inc is cautioning employees about how they use chatbots, including its own Bard, at the same…