Keyword "MACH08" - List of latest news (1 342 results)

23:51 IMF slashes global outlook as White House says trade talks pick up pace

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies.

19:26 Google declined OpenAI bid for partnership, exec testifies at trial

Alphabet's Google shot down a bid by OpenAI to use its search technology within ChatGPT, an OpenAI executive testified on Tuesday at Google's antitrust trial in Washington.

22/04 Brazil's would-be cocoa king aims to revolutionize industry with giant farm

In the Brazilian state of Bahia, farmer Moises Schmidt is developing the world's largest cocoa farm.

22/04 Exclusive: LG, Samsung sue Indian government over electronic-waste pricing policy

South Korea's LG and Samsung have sued India's government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country's environmental rules citing business impact.

21/04 China's CATL launches new sodium-ion battery brand

China's CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for electric cars.

21/04 Singapore's Keppel gets $1.5 billion in capital commitments for its funds

Keppel , a Singapore-based manager and operator of assets such as data centres, said on Monday that it has secured close to S$2.0 billion ($1.53 billion) of capital commitments from global institutional investors for its flagship funds.

20/04 DHL to suspend global shipments of over $800 to US consumers

DHL Express, a division of Germany's Deutsche Post , said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21, as U.S. customs regulatory changes have lengthened clearance.

19/04 China shipbuilders rip Trump's 'short-sighted' US port fees

China's shipbuilders on Saturday blasted as "short-sighted" U.S. port fees announced by President Donald Trump's administration on China-linked ships, a measure aimed at the nation's shipbuilding industry.

18/04 Exclusive: India plans to ease nuclear liability laws to attract foreign firms, sources say

India is planning to ease its nuclear liability laws to cap accident-related penalties on equipment suppliers, three government sources said, in a move mainly to attract U.S. firms that have been holding back due to the risk of unlimited exposure.

17/04 Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos

There has been a chaotic reaction by exporters in the Southeast Asian industrial hub.

16/04 UK power grid could face lowest-ever demand this summer, operator says

Britain's power grid could experience its lowest-ever electricity demand this summer as renewables generation and cheap power imports from Europe keep the system well supplied, the National Energy System Operator (NESO) said on Wednesday.

16/04 Trump orders tariff probe on all US critical mineral imports

U.S. President Donald Trump on Tuesday ordered a probe into potential new tariffs on all U.S. critical minerals imports, a major escalation in his dispute with global trade partners and an attempt to directly rebuke industry leader China.

15/04 At China's largest trade fair, exporters say US markets are 'frozen'

Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.

15/04 South Korea unveils $23 billion support package for chips amid US tariff uncertainty

South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package unveiled last year.

14/04 Apple takes top spot for first-quarter smartphone sales, data shows

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

14/04 Taiwan tech supply chain stocks bounce back after Trump tariff exemptions

Stocks in Taiwanese tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China.

14/04 Japan's Nikkei trades higher as iPhone-related stocks jump

Japan's Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China.

13/04 Looser food standards off the menu in any US-UK trade deal, UK says

Britain will not relax its food safety standards as part of any deal to secure lower tariffs on its exports to the United States, business minister Jonathan Reynolds said on Sunday.

12/04 What Samsung and Vietnam stand to lose in Trump's tariff war

Samsung would face significant hit from US tariffs on Vietnam.

12/04 Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price.

11/04 In a first, Taiwan charges Chinese ship captain with damaging undersea cables

Taiwan prosecutors on Friday for the first time charged a Chinese ship captain with intentionally damaging undersea cables off the island in February, after a rise in sea cable malfunctions alarmed Taiwan officials amid tensions with China.

11/04 More than 2,600 US Energy Dept staffers accept second offer to resign, sources say

More than 2,600 U.S. Department of Energy staffers have opted to take the Trump administration's second round of resignation offers, two sources said on Thursday, with offices on power grid stability and loans for high-tech energy projects hit hard.

10/04 Copper output from Chile's Codelco slips 6% in February

Copper production from Chilean state-run miner Codelco dipped 6% year-over-year in February, data from copper commission Cochilco showed on Thursday, slipping to 98,100 metric tons.

10/04 Intel CEO invested in hundreds of Chinese companies, some with military ties

Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.

10/04 Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say

About six cargo jets with a capacity of 100 tons each have flown out since March.

10/04 Aboard a nuclear-powered submarine, 'everything changes on a dime'

"The role of the fast attack submarine is so dynamic that everything changes on a dime," U.S. Navy Commander Jeffrey Corneille said off the coast of Western Australia on the nuclear-powered submarine USS Minnesota in March.

10/04 Exclusive: AUKUS nuclear submarine sale under scrutiny as Trump tariffs rattle Australia

The sale of nuclear-powered submarines to Australia under the AUKUS treaty faces new doubts as U.S. President Donald Trump's tariffs take hold, and amid concern in Washington that providing the subs to Canberra may reduce deterrence to China.

10/04 South Korea trade envoy says Trump's tariff pause leaves room for negotiations

South Korea's top trade envoy Cheong In-kyo said on Thursday that U.S. President Donald Trump's tariff reprieve had provided room for negotiations, as the country seeks to reduce tariffs through talks.

09/04 From juice to jewellery: which U.S. goods will EU hit with tariffs?

The European Union will launch countermeasures from next Tuesday against U.S. President Donald Trump’s steel and aluminium tariffs with extra duties on 21 billion euros ($23 billion) of U.S. imports.

09/04 Has Trump cancelled Christmas? China's decorations makers report no US orders

Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.

09/04 Exclusive: Apple supplier Luxshare weighs manufacturing in U.S. to tackle tariffs

Apple supplier Luxshare is in talks with customers on ways to respond to U.S. tariffs by shifting more production outside China, including the United States, its chairwoman told analysts in a telephone call on Wednesday.

09/04 Breakingviews - Chipmaking giants face triple tariff hit

Chipmakers will feel the heat of Donald Trump's tariff rampage. The exemption of semiconductors from the U.S. president's announced levies may not last. What's more, the blow to demand for phones and other consumer electronics will be painful for Taiwan Semiconductor Manufacturing , Samsung Electronics and peers. Surging costs also will disrupt their bold plans to set up factories in the U.S.

09/04 Chinese brokerages promise market support, firms set buybacks as trade war intensifies

Top Chinese brokerages have pledged to help steady domestic share prices in a concerted effort, the Shanghai bourse said, and scores of listed companies unveiled stock buying plans, as the local market reels from an escalating trade war.

08/04 Exclusive: TSMC could face $1 billion or more fine from US probe, sources say

Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter.

08/04 Boeing deliveries in March jump by 41% compared to a year earlier 

Boeing delivered 41 jets in March, up from 29 during the same month a year ago, the company announced Tuesday, though the figure was slightly lower than the 45 handed over in January and 44 in February.

08/04 Saudi's Ma'aden weighs foreign partner for minerals processing pact

Saudi Arabia's flagship mining company Ma'aden is considering choosing at least one of four foreign firms to form a rare earths processing partnership, three sources with knowledge of the matter said, as the kingdom bids to become a global critical minerals hub.

08/04 Breakingviews - China will struggle to deal with its overcapacity

China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that consumers in the People's Republic will need a lot more government support to absorb some of the slack.

08/04 Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about U.S. tariffs.

07/04 EU Commission proposes 25% counter-tariffs on some US imports, document shows

The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.

07/04 US utilities grapple with Big Tech's massive power demands for data centers

U.S. electric utilities are fielding massive requests for new power capacity as Big Tech scours the country for viable locations for new data centers to keep up with the compute demands of AI.

07/04 German exports rose in February ahead of tariffs, industrial production fell

German exports rose more than expected in February as U.S. demand increased in anticipation of tariffs by the Trump administration, but industrial production fell, showing the struggle of the manufacturing sector in Europe's biggest economy.

07/04 Taiwan stocks plummet, exchange to take more stabilisation steps if needed

Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.

07/04 Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.

05/04 Tariffs throw US, Canadian farm machinery manufacturers into turmoil

All around a recent farm show in Canada, equipment salespeople struggled to swing deals with farmers worried about tariffs.

05/04 Foxconn reports record Q1 revenue, says it must closely watch global politics

Taiwan's Foxconn, the world's largest contract electronics maker, posted its highest first-quarter revenue ever on strong demand for artificial intelligence products but said it would need to closely watch global politics.

03/04 France's Macron calls for suspension of investment in US after tariffs

French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports.

03/04 A $2,300 Apple iPhone? Trump tariffs could make that happen.

Your favorite iPhone could soon become much pricier, thanks to tariffs.

03/04 Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump

Vietnam's government said on Thursday it would set up a task force and other Southeast Asian nations said they plan to seek talks with Washington as they reel from being hit with some of U.S. President Donald Trump's heftiest tariffs.

03/04 South Korea's acting President orders emergency measures over US tariffs

South Korea's acting President Han Duck-soo ordered emergency support measures for businesses that will be impacted by the imposition of U.S. tariffs, including automobiles, the industry ministry said on Thursday.

02/04 Latest North Korean ship can carry dozens of missiles, analysts say

North Korea's new class of warship can accommodate dozens of vertical launch cells to carry missiles its military has already developed, analysis of a satellite image showed, a step that would give its navy more punch and create an export opportunity.

02/04 China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.

01/04 Volkswagen, Stellantis and other carmakers hit with $495 million EU cartel fine

Volkswagen , Stellantis , 13 other carmakers and their car association were fined a total of 458 million euros ($495 million) by EU antitrust regulators on Tuesday for taking part in a vehicle recycling cartel.

01/04 Samsung Elec appoints mobile chief as interim head of consumer and mobile division

Samsung Electronics appointed on Tuesday its mobile chief Roh Tae-moon as acting head of the company's consumer and mobiles business, following the death of his predecessor, Han Jong-Hee, a week ago.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

31/03 Volvo goes back to car industry basics with surprise CEO switch

Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.

31/03 Exclusive: White House weighs executive order to fast-track deep-sea mining, sources say

The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.

31/03 Northvolt bankruptcy trustee secures agreement for scaled-down operation

Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company to maintain a scaled-down continuation of operations.

31/03 Make Europe Great Again trades are gaining traction

A more independent, less U.S.-reliant Europe is taking shape and investors sense opportunities in a long-shunned region that go beyond just snapping up defence shares.

29/03 Juventus says it may need more cash, secures $16 million from the Agnellis

Juventus may need more money to steady its finances after parting ways with manager Thiago Motta, the Italian soccer club said, adding its top shareholder had agreed to provide 15 million euros ($16 million) ahead of a potential share issue.

27/03 Argentina targets $20 bln IMF deal as markets wobble

Argentina is targeting a $20 billion deal with the International Monetary Fund, Economy Minister Luis Caputo said on Thursday, formally putting a figure on the long-mooted program for the first time as he looks to calm local market jitters.

27/03 SK Hynix says some customers brought forward orders ahead of US tariffs

South Korea's SK Hynix , the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs.

26/03 Ukraine and Russia's truce agreements run into trouble within hours

Ukraine and Russia accused one another of flouting a truce on energy strikes brokered by the U.S.

26/03 'This is not the time to go it alone,' NATO's Rutte tells U.S. and Europe

NATO Secretary-General Mark Rutte warned the United States and Europe on Wednesday against any temptation to "go it alone" on security, amid increased tensions over the future of the transatlantic alliance and diverging views on Russia.

25/03 Tesla's February market share in Europe drops despite EV pickup

Tesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent.

25/03 Samsung Electronics co-CEO Han Jong-hee dies, leaving new appointee in charge

Samsung Electronics said on Tuesday that co-CEO Han Jong-hee had died of a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge of the tech giant as it revamps its underperforming chip business and navigates trade uncertainties.

10/03 South Korea seeks to resolve any 'misunderstanding' with US about tariff rates

South Korea's acting president on Monday ordered authorities to actively communicate with the U.S. administration to resolve any misunderstanding over tariffs, after U.S. President Donald Trump recently singled out South Korea for applying high tariffs.

07/03 Nissan board to meet on March 11, discuss potential CEO successors, sources say

Nissan directors are due to gather on March 11 to discuss potential successors for CEO Makoto Uchida, whose position is seen as increasingly untenable given the Japanese automaker's weak performance, three people familiar with the matter said.

07/03 Who could be the next Nissan CEO after Uchida?

Nissan CEO Makoto Uchida is under deepening pressure over the Japanese automaker's weakening performance and board members are due to gather on March 11 to discuss potential successors, people familiar with the matter have said.

07/03 Exclusive: US to levy fees on China-linked ships, push allies to do likewise, draft executive order says

The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.

06/03 Trump plans executive order to strengthen US shipbuilding, blunt China domination

The U.S. plans to levy fees on imports arriving on Chinese-made ships and offer tax credits to resuscitate domestic shipbuilding and reduce China's grip on the $150 billion global ocean shipping industry.

06/03 Shipping firms pull back from Hong Kong to skirt US-China risks

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.

06/03 Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge

Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day.

05/03 Trump wants to kill $52.7 billion semiconductor chips subsidy law

President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt.

05/03 Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat

Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving threat of U.S. tariffs on the export-reliant economy.

04/03 Vespa maker Piaggio posts record margin despite 'anomalous' economy

Italy's Piaggio , the maker of the iconic Vespa scooter, reported what it said was its highest ever annual core profit margin of 16.9% on Tuesday, citing tight productivity management.

04/03 Exclusive: US and Ukraine prepare to sign minerals deal on Tuesday, sources say

Trump has told his advisers that he wants to announce the agreement in his address to Congress tonight, sources say, cautioning that the deal had yet to be signed and the situation could change.

24/01 Dividend surge signals culture shift in China's markets

New shades of capitalism are emerging in China's tuckered out stock market as companies, at Beijing's behest, buy back their shares and pay record dividends to investors lying in wait for a so-far evasive rebound.

24/01 European earnings may keep the mood sweet as tariff fears grow

European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region despite political and economic turmoil and concerns over U.S. President Donald Trump's tariffs threat.

23/01 Ford to recall over 270,000 US vehicles over battery concern, NHTSA says

Ford Motor is recalling 272,817 vehicles in the United States on concerns over battery failure, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.

23/01 Focus: Behind $500 billion AI data center plan, US startups jockey with tech giants 

This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.

23/01 A tech-savvy Maha Kumbh: India aims for a safer religious festival

Inspired by stories of families separated among the millions celebrating the weeks-long Maha Kumbh Mela, old Bollywood films often featured plots in which siblings got lost at the Hindu festival and were only reunited decades later.

23/01 Exclusive: India watchdog faults probe of Foxconn hiring, orders new inquiry

India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show.

23/01 SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

23/01 Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones

Samsung Electronics on Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm's chips and Google's artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals.

22/01 Trump's EV rollback not expected to suppress appetite for critical minerals

U.S. President Donald Trump's rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said.

21/01 Trump's anti-wind policy hits European companies

European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in office, adding to pain in an industry that had turned to the United States to help revive its fortunes.

21/01 Stellantis Chair Elkann met Trump and top US officials in Washington

Stellantis Chairman John Elkann has spent four days in Washington meeting with incoming U.S. President Donald Trump and several top administration officials, two people familiar with the matter told Reuters on Tuesday.

21/01 Morning Bid: 'Stop-Go' Trump tariff trades whiplash dollar

A look at the day ahead in U.S. and global markets from Mike Dolan

21/01 Some Asian car and battery makers hit as Trump gets to work

Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.

20/01 FTSE 100 hits another record high, investors eye Trump policies

London's blue-chip FTSE 100 hit a record high on Monday for the second session in a row as investors awaited Donald Trump's return to the White House for fresh insights on his stance on tariffs and international relations.

20/01 Mugshot, khaki uniform and solitary cell for South Korea's detained President Yoon

South Korea's impeached President Yoon Suk Yeol has spent his first night incarcerated as a pre-trial inmate at the Seoul Detention Centre after a court issued a formal detention warrant on Sunday to hold him for up to 20 days.

16/01 US blacklists Chinese companies over TSMC chips in Huawei processor

The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI, a developer of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor.

15/01 Sweden starts building 100,000 year storage site for spent nuclear fuel

Sweden started building a final storage facility for spent nuclear fuel on Wednesday, only the second such site in the world, where highly radioactive waste will be stored for 100,000 years.

15/01 NHTSA closes probe on 313,101 Daimler US trucks over engine wiring concern

The National Highway Traffic Safety Administration said on Wednesday it has closed an investigation on Daimler Truck's 313,101 North American vehicles over an engine wiring concern.

15/01 GM signs supply deal with Vianode for synthetic graphite for EV batteries

General Motors has signed a multi-year, multi-billion dollar agreement for Norway's Vianode to provide the U.S. automaker with synthetic graphite anode materials for its electric vehicle batteries, the companies said on Wednesday.

14/01 Biden administration finalizes US crackdown on Chinese vehicles

President Joe Biden's outgoing administration is finalizing rules on Tuesday that will effectively bar nearly all Chinese cars and trucks from the U.S. market, as part of a crackdown on vehicle software and hardware from China.

13/01 Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says

Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday.

13/01 Exclusive: US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say

U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.

09/01 German exports, industrial production rise more than expected

Exports increased by 2.1% in November compared with the previous month.

09/01 Breakingviews - Altered states will rule in 2025: podcast

Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.

09/01 Trump's tariff threat spurs auto suppliers to rethink production plans

Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas.

09/01 Volvo CEO says plan for Mexico truck factory ongoing despite US tariff threat

Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U.S. tariffs on imports of vehicles and other goods.

08/01 Northvolt owners vote to stay operating while seeking financial rescue

The owners of Northvolt voted to continue operations on Wednesday, the company said, while the Swedish electric vehicle battery maker scrambles to find new backers and funding in coming weeks.

08/01 German industrial orders post shock 5.4% fall in November

German industrial orders fell unexpectedly in November, sapped by a decline in large orders, showing that a recovery in the industrial sector is not in sight.

08/01 Breakingviews - CATL’s $5 bln listing future-proofs enviable lead

The world's largest battery maker is determined to shore up its dominance. A planned Hong Kong listing for China's Contemporary Amperex Technology could raise up to $5 billion, according to IFR. The share sale would fund factories abroad. It would also insulate its war chest from global foreign exchange ructions.

08/01 Samsung Q4 profit outlook misses estimates by large margin as chip issues drag

Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia .

08/01 How Washington's tag on China's CATL could affect Tesla

Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China.

07/01 Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rules

Automakers facing tougher EU 2025 emissions rules are planning to buy carbon credits from electric vehicle makers.

07/01 Breakingviews - Cracks appear in China stocks' fragile bull case

The bull case for China's stocks is on its face compelling: firms in the People's Republic are undervalued and often enjoy higher cash flow and profitability relative to global peers. Some of the largest and most popular among global investors, such as tech group Tencent and battery maker Contemporary Amperex Technology (CATL) , just closed out 2024 with double-digit gains fuelled by hopes Beijing

07/01 Tesla supplier Panasonic Energy: cutting China supply 'No.1 objective' for U.S.

Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.1 objective".

06/01 Chip firms surge on hopes of strong AI-led demand

Shares of chipmakers jumped on Monday as Microsoft's plan to invest $80 billion in AI-enabled data centers in fiscal 2025 spurred bets that semiconductor demand would remain strong.

06/01 US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military

The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.

06/01 South Korea extends shutdown of Muan airport due to crash probe

South Korea's government said on Monday it will extend the shutdown of Muan International Airport by a week to Jan. 14, citing the ongoing investigation into the crash of a Jeju Air jet that killed 179 passengers on board.

06/01 South Korean police asked to execute arrest warrant for impeached president

Investigators from the Corruption Investigation Office for High-ranking Officials and police are probing allegations that Yoon masterminded insurrection.

05/01 Saudi bourse falls on profit taking; Egypt extends gains

Saudi Arabia's stock market closed lower on Sunday, ending five sessions of gains as investors booked profits, while the Egyptian index extended gains for a second session.

03/01 SpaceX's Starship to deploy mock satellites in next test

Elon Musk's SpaceX said on Friday its upcoming Starship test flight would include the rocket's first attempt to deploy payloads in space by releasing 10 model Starlink satellites, a key demonstration for Starship's potential in the satellite launch market.

31/12 Samsung Electronics becomes largest shareholder of South Korea's Rainbow Robotics

Samsung Electronics became the largest shareholder of South Korea's Rainbow Robotics , the robotics company said in a regulatory filing on Tuesday.

30/12 Breakingviews - Smart glasses give tech giants dangerous FOMO

Smart glasses will come into focus in 2025. Meta’s collaboration with EssilorLuxottica has become a bestseller in most Ray-Ban stores across Europe, the Middle East and Africa, with total sales topping 1 million units, according to Counterpoint Research. Early success has emboldened rivals to develop their own specs.

29/12 Experts question bird strike as cause of deadly South Korean airliner crash

Uncertainties surround the deadliest crash on South Korean soil, experts said on Sunday, questioning initial suggestions that a bird strike might have brought down Jeju Air flight 7C2216.

27/12 China's CATL to seek Hong Kong listing

Chinese battery manufacturer CATL said on Thursday it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed.

25/12 Russian cargo ship which sank off Spanish coast was victim of 'act of terrorism,' RIA cites owner

A Russian cargo ship called Ursa Major which sank in the Mediterranean Sea was the victim of "an act of terrorism," state news agency RIA cited the vessel's owner as saying on Wednesday.

24/12 China's CATL launches EV chassis, flagging safety as top selling point

China's CATL , the world's largest electric vehicle battery maker, on Tuesday launched a new EV chassis that it says can withstand a 120-kph (75-mph) frontal impact without catching fire or exploding, as it touts safety as a key selling point.

24/12 Breakingviews - India’s green power producers will get a shakeout

Dealmaking is coming for India’s renewable energy industry in 2025. More than a dozen generators of wind and solar power are looking for new owners as private equity-style firms like Brookfield Asset Management, as well as industry players like Siemens and Enel, look for an exit. Despite New Delhi’s target of renewables providing half the country’s electricity by 2030, success isn’t assured.

24/12 Russian cargo ship sank in Mediterranean Sea with two crew missing, Russian Foreign Ministry says

A Russian cargo ship called 'Ursa Major' sank in the Mediterranean Sea between Spain and Algeria and two of its crew are missing, the Russian Foreign Ministry said on Tuesday.

23/12 South Korea says it detects signs of North Korea preparing more troops, drones for Russia

South Korea's military said on Monday it has detected signs of North Korea preparing to send more troops and weapons, including suicide drones, to Russia to support its war against Ukraine.

23/12 Honda, Nissan set to announce launch of integration talks, sources say

Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.

21/12 US finalizes up to $6.75 billion in chips awards for Samsung, Texas Instruments, Amkor

The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chip production.

20/12 Battery maker Northvolt makes progress toward longer-term bankruptcy financing

Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors.

20/12 EU, Switzerland agree deal to strengthen trade ties in 'turbulent' times

Switzerland and the European Union on Friday unveiled a deal to carry out the biggest overhaul of their trade ties in years, overcoming Swiss concerns about immigration and setting the scene for a fraught and lengthy approval process.

20/12 In first in-person contact, US officials met Syria's HTS in Damascus

U.S. diplomats visiting Damascus held Washington's first in-person official meetings with Syria's new de facto rulers led by Hayat Tahrir al-Sham on Friday and discussed with the former al Qaeda affiliate the future of Syria's political transition.

20/12 Canada's retaliation for Trump tariffs is biggest concern, says Japan's Komatsu

The top business risk of the Trump presidency for heavy-duty equipment maker Komatsu is not the tariffs he has threatened, but Canada's potential retaliatory duties on American-made mining machines, the head of the Japanese company said.

20/12 After Northvolt, Europe's battery hopes rely heavily on China

Northvolt's financial collapse has not entirely crushed Europe's dream of developing its own electric vehicle batteries but fulfilling it is likely to require Chinese cash and expertise.

19/12 Nike profits and sales beat forecasts, shares surge 11%

Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand's stores and website to buy newly released versions of performance and running shoes.

19/12 Spain's Navantia to buy shipyards of Titanic builder Harland & Wolf

Spanish state-held shipbuilder Navantia will acquire the shipyards of Britain's Harland & Wolff, the Belfast-based company best known for building the Titanic, the British government said on Thursday.

19/12 Breakingviews - Brick phones will ring in an unlikely revival

Smartphone makers will soon face an unlikely competitor. Concerns about the impact of social media are driving demand for old-school Nokia brick-like handsets, now known as feature phones. If Apple and Samsung don’t find a way of selling safer versions, they may lose out.

18/12 Blinken to announce more funding for Sudan at UN on Thursday, official says

U.S. Secretary of State Antony Blinken will announce at the United Nations on Thursday additional funding for humanitarian assistance to Sudan and efforts to support civil society in the country, where a conflict has killed tens of thousands of people and driven millions from their homes.

18/12 CATL says it has co-developed 10 new EV models with swappable batteries

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China.

18/12 Kioxia's shares surge in debut, valuing Japan chipmaker at $5.8 bln

Shares of Kioxia soared 14% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 890 billion yen ($5.80 billion) and highlighting strong investor demand for the third biggest IPO in Japan this year.

18/12 Japan's Space One Kairos rocket fails minutes after liftoff

Space One aborted its second bid to become the country's first company to deliver a satellite to the Earth's orbit.

17/12 Half US at high risk of power shortfall in next decade, regulator says

About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday.

17/12 Vietnam's Milei-style cuts of ministries stir investors' anticipation, worries

Communist-run Vietnam is planning its boldest bureaucratic reform in decades, slashing ministries, agencies and broadcasters in a bid to reduce bottlenecks and red tape, but risking short-term "paralysis", officials and investors said.

17/12 Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

16/12 Honeywell considers spinning off its aerospace business amid Elliott's breakup push

Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company's breakup.

16/12 Breakingviews - US-China tech war will hold Asian allies hostage

China will turn Washington’s technology weapons on its Asian neighbours in 2025. U.S. curbs on imports of semiconductors and other goods have hobbled advances in artificial intelligence in the world’s second-largest economy. The People’s Republic is starting to retaliate. Its leverage over corporate giants in Japan and South Korea makes them prime hostage targets.

16/12 Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Steered by Chairman John Elkann, Stellantis , owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers.

14/12 Trump considers privatizing U.S. Postal Service, Washington Post reports

U.S. President-elect Donald Trump has expressed a keen interest in privatizing the U.S. Postal Service in recent weeks, the Washington Post reported on Saturday, citing three people with knowledge of the matter.

14/12 US court rejects TikTok request to temporarily halt pending US ban

A U.S. appeals court on Friday rejected an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest of the short-video app by Jan. 19 or face a ban on the app.

13/12 Exclusive: Singapore, Vietnam firms in talks for new undersea cables, sources say

Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region's data centre industry, people familiar with the discussions said.

13/12 Trump signals support for US dockworkers in stalled labor talks

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.

12/12 Blinken says US working to bring home citizen found in Syria

The United States is working to bring home an American citizen found on Thursday in Syria, U.S. Secretary of State Antony Blinken said in Jordan, where he held meetings to discuss the political transition in Syria.

12/12 Rio Tinto to spend $2.5 billion to expand Argentina lithium project capacity

Rio Tinto said on Thursday it plans to invest $2.5 billion to ramp up production capacity at the miner's Rincon lithium project in Argentina.

12/12 South Korea's tourism, soft power gains, at risk from extended political crisis

From plastic surgery clinics to tour firms and hotel chains, South Korea's hospitality sector is wary of the potential impact of a protracted political crisis, as some overseas travellers cancel trips following last week's brief bout of martial law.

11/12 Synopsys offers to sell two assets in bid for EU okay for $35 bln Ansys deal, sources say

Chip design software company Synopsys has offered to sell an Ansys unit on top of one of its own in a bid to win EU approval for its $35 billion acquisition of the chip design software company, three people with direct knowledge of the matter said.

11/12 Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

11/12 Nippon Life to buy Resolution Life in $8.2 billion deal

Nippon Life Insurance (NPNLI.UL) said on Wednesday it plans to acquire all the shares it does not own in Resolution Life Group Holdings for about $8.2 billion as it pursues growth in the U.S. market.

11/12 In first contacts, US officials urge Syrian rebels to support inclusive government

The Biden administration has urged the rebel group that led the ouster of Syrian President Bashar al-Assad not to assume automatic leadership of the country but instead run an inclusive process to form a transitional government, according to two U.S. officials and a congressional aide briefed on the first U.S. contacts with the group.

10/12 How the world could unplug from China’s batteries: podcast

International cell makers are struggling to compete with Chinese giants like CATL. But innovations like solid-state batteries could upend the industry in the not-too-distant future. In this week’s episode of The Big View podcast, QuantumScape CEO Siva Sivaram explains how.

10/12 Stellantis, China's CATL to invest $4.33 bln in EV battery factory in Spain

Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said in a statement on Tuesday.

10/12 Lithium supply surplus set to stay with battery makers' help

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output cuts - providing a boon for battery makers.

09/12 Europe's Maiaspace steps up effort to counter SpaceX with reusable rocket

In a discreet forest clearing on a plateau above the town of Vernon in Normandy, France, workers adjust a steel cylinder held under giant red claws - part of a reusable rocket that Europe hopes will slow the meteoric rise of Elon Musk's SpaceX.

09/12 India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart's Flipkart e-commerce platforms, saying those challenges, filed by Samsung, Vivo and others at Indian high courts, were aiming to scuttle the probe.

09/12 To Europe's economic malaise, add a leadership void

France and Germany's political crises are a setback for efforts to modernise Europe's struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally.

06/12 Mexico doing all it can to protect trade agreement with US, Canada, official says

Mexico is doing everything it can to protect a regional trade agreement with the U.S. and Canada, the Latin American nation's deputy economy minister said in an interview published on Friday.

06/12 Exclusive: Trump may cancel US Postal Service electric mail truck contract, sources say

Donald Trump's transition team is considering canceling the United States Postal Service's contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric vehicles, according to three sources familiar with the plans.

06/12 Vietnam's soaring US trade surplus stokes new fears of Trump tariffs

Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

05/12 Exclusive: As tariffs loom, Gillette-razor maker P&G sourcing more steel from India

Procter & Gamble has overhauled its supply chain for the tiny, extra-thin strips of stainless steel in its Gillette razors to source from India, a move expected to help protect its margins from any tariffs U.S. President-Elect Donald Trump may impose.

05/12 Breakingviews - Japan’s virtuous M&A circle starts with 7-Eleven

The battle for control of Japan’s Seven & i is being cheered in Tokyo as evidence of improving efficiencies of the world’s third-largest economy. Officials can hasten a virtuous circle of dealmaking if they make the right next moves.

04/12 Airbus cuts 2,000 Defence and Space jobs, taming earlier plans

Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-largest division, as it reels from U.S. competition in the satellites sector but the cuts were not as severe as the European group had first warned.

04/12 Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say

Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with knowledge of the matter told Reuters.

04/12 Breakingviews - South Korea curveball adds new 2025 risks

An abortive coup in South Korea was probably not on anyone's bingo card for 2024. Great Power tensions have tended to dominate. Enter President Yoon Suk Yeol, who shocked the world by declaring martial law on Tuesday night, only to make an embarrassing U-turn just hours later after both his own and opposition parties forced their way into parliament to vote down his decree. The crisis in the $2 tr

04/12 ETFs tracking securitized debt, AI and Novo Nordisk add to industry’s banner 2024

Three separate asset management firms launched exchange-traded funds on Tuesday, unveiling products focused on securitized debt, the artificial intelligence industry and Ozempic-maker Novo Nordisk in the closing weeks of a year that has seen a deluge of new funds.

04/12 South Korea vows unlimited liquidity after political turmoil; BOK meets

South Korea's finance ministry said on Wednesday it is ready to deploy "unlimited" liquidity into financial markets if needed after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.

04/12 Texas extreme winter cold could challenge power grid in early 2025

This winter is forecast to bring sudden bouts of extreme cold to Texas that could test the state's electric grid in early 2025, the grid operator's chief meteorologist said on Tuesday, reviving memories of crippling Storm Uri four years ago.

03/12 Breakingviews - Bain's Japan chip IPO is a tough sell

Bain Capital has a tricky job on its hands. The private equity firm is set to list Japanese memory-chip maker Kioxia six years after leading its bold carve-out from Toshiba. Trouble is, it means poor returns for the sellers. And Kioxia's crippling debt pile may put off potential new investors.

03/12 Chinese chip firms say they can withstand new US export curbs

Chinese chip companies targeted by Washington with fresh export controls have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles.

03/12 US targets China's chip industry with new restrictions

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group , among other moves.

02/12 Europe's embattled auto sector plans plant closures and layoffs

Auto companies are struggling with weak demand, high production costs and competition from Chinese rivals.

02/12 Breakingviews - Breakingviews: New Stellantis CEO’s first job is a US reset

Carlos Tavares' successor will need to manage increasingly tricky relations with Donald Trump.

02/12 Threatened by climate change, Panama Canal has big plans to combat drought

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate.

02/12 Seeking higher margins, Stellantis CEO Tavares lost some core customers

When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz, Spain, including Stellantis' Fiat and Peugeot.

02/12 Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.

01/12 Stellantis CEO Carlos Tavares resigns

Tavares recently shook up top management as he tried to reverse sliding sales and profits in the U.S. He was scheduled to retire in early 2026.

29/11 Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says

European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes import tariffs on Europe, Mexico and Canada, S&P Global said in a report on Friday, warning of potential credit downgrades.

28/11 Swiatek accepts one-month suspension after testing positive for TMZ, says ITIA

World number two and French Open champion Iga Swiatek has accepted a one-month suspension after testing positive for banned substance trimetazidine (TMZ), the International Tennis Integrity Agency said on Thursday.

27/11 Italy tax police search legal firms in Agnelli inheritance probe

Italian tax police have searched the offices of some legal firms as part of an investigation into alleged tax fraud involving five people, including Stellantis and Ferrari Chair John Elkann, prosecutors said on Tuesday.

27/11 FAA will not require immediate 737 MAX engine action after bird strikes

The Federal Aviation Administration said on Tuesday it will not require any immediate action after convening a review board to consider concerns about Boeing 737 MAX engines after two bird strike incidents on Southwest Airlines planes in 2023.

27/11 Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffs

Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footprint.

27/11 Samsung Electronics replaces chip business heads, CFO in sweeping reshuffle

Samsung Electronics on Wednesday announced new heads of its memory and foundry chip units, as it scrambles to catch up with SK Hynix and Taiwan's TSMC in the booming AI chip market.

26/11 European automakers fall as Trump pledges tariffs

European automakers shares fell on Tuesday, as traders reacted to President-elect Donald Trump pledging big tariffs on Canada, Mexico and China, news that fueled jitters over a potential global trade war.

26/11 Investors say they know how to trade Trump 2.0

Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the U.S. President-elect took to social media and pledged new tariffs on Mexico, Canada and China.

26/11 Trump's tariff pledge spells trouble for auto and tech companies

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.

26/11 Japan's space agency halts Epsilon S rocket engine test after fire

Japan's space agency has halted an engine combustion test of its Epsilon S rocket, a spokesperson said on Tuesday, after a fire broke out at the test site, 16 months after another failed engine test derailed Japan's small rocket development.

25/11 Volkswagen has taken major writedown on Northvolt stake, sources say

Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.

25/11 South Korea prosecutors seek 5-yr jail term for Samsung Elec chief in appeals case

South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of affiliates that helped solidify his control in a case being tried at an appeals court.

23/11 Goldman funds to take $900 million hit on Northvolt, FT reports

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday.

22/11 Samsung ordered to pay $118 million for infringing Netlist patents

A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products.

22/11 Northvolt crisis may be make or break for Europe's EV battery ambitions

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.

22/11 Companies invest in EV battery factories in Europe

Northvolt, the Swedish maker of battery cells for electric vehicles, on Thursday filed for Chapter 11 bankruptcy protection in the U.S., in a blow to European hopes of building a home-grown EV battery industry to compete with China.

22/11 China's Xi visits Morocco, meets with crown prince

Chinese President Xi Jinping made a short visit to Morocco on Thursday, according to state media from both countries.

22/11 Northvolt CEO steps down after company files for bankruptcy

Northvolt's CEO Peter Carlsson is stepping down, the Swedish maker of battery cells for electric vehicles said on Friday, one day after the group filed for U.S. Chapter 11 bankruptcy protection.

22/11 European companies cut jobs as economy sputters

Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs.

22/11 Canada will not offer additional funding to Northvolt, government source says

Canada does not plan to invest anymore in Swedish electric-vehicle battery maker Northvolt in light of its bankruptcy filing in the United States on Thursday, a Canadian government source said.

21/11 Northvolt files for Chapter 11 bankruptcy in US, secures financing

Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., and said it has secured $100 million in new financing for the process.

21/11 Wall St mixed after Nvidia results; Alphabet weighs

Wall Street's main stock indexes were mixed in choppy trading on Thursday as Alphabet weighed on the market, while investors also focussed on AI-heavyweight Nvidia's upbeat quarterly results and forecast.

21/11 Container shippers hedging green transition with dual-fuel vessel orders

Hybrid engines allow operators to fall back on petroleum if green fuels are too costly.

21/11 Honda hopes to double EV driving range with solid-state batteries, R&D chief says

Honda Motor aims to double the driving range of its electric cars by the late 2020s when they start to adopt all-solid-state batteries, a new type of power source under development, the head of its research unit said on Wednesday.

21/11 Hyundai unveils big electric SUV in fast-growing market

Hyundai Motor unveiled its first three-row electric SUV on Wednesday, pushing into a market for big family cars that global automakers hope will one day be a profit powerhouse.

20/11 China's cashed-up crowd is back in the stock market

Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth following into market segments sheltered from tariffs and likely to ride an eventual economic recovery.

19/11 Tesla plant protesters hold out in trees as German police clear camp

Protesters opposed to Tesla's expansion of its plant near Berlin were holding out in treehouses on Tuesday as German police climbed up ladders and cut down rope structures in an attempt to clear their forested camp.

19/11 Airbus CEO says CFM engine supplies achievable, but tight

Airbus CEO Guillaume Faury said on Tuesday that it could potentially ease an engine supply bottleneck and meet year-end targets, telling Reuters that CFM International should be able to supply enough units but it would be "very tight".

19/11 Sweden has no plan to take stake in Northvolt, deputy PM says

The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch told Reuters on Tuesday.

19/11 Nvidia’s growing cash hoard points to M&A

Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und

18/11 Breakingviews - Nvidia’s growing cash hoard points to M&A

Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still growing, doubling over the past year to $35 billion amid a frenzy for the company’s artificial-intelligence chip designs. Combined with Huang’s prodigious ambition and a more lenient antitrust stance und

18/11 Exclusive: Crisis-hit EV battery champion Northvolt struggles to hit production targets

Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and company sources, underscoring the challenge of ramping up output.

18/11 Foxconn tells India recruiters: Nix marital status in iPhone job ads

The Apple supplier has ordered hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements.

17/11 Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say

India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters.

17/11 Japan's Mount Fuji eyes China-made tram to transport hikers, source says

Japanese authorities seeking to reduce the carbon footprint and overcrowding at Mount Fuji will propose a trackless, rubber-tyred tram system made by China's CRRC to transport climbers, a person with direct knowledge of the plan said.

16/11 Two flash bombs fired into garden of Netanyahu's home in north Israel

Two flash bombs were fired towards Israeli Prime Minister Benjamin Netanyahu's home in the northern Israeli town of Caesarea on Saturday and fell into the garden, police said.

15/11 Samsung Electronics plans $7.2 bln buyback to boost shareholder value

Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said in a regulatory filing submitted after the market closed on Friday.

15/11 US finalizes $6.6 billion chips award for TSMC ahead of Trump return

The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.

14/11 Samsung Electronics says it reaches preliminary wage deal with union

Union members will vote on the deal for one week.

14/11 The 'morphing' wheel from South Korea that may transform lives and robots

Imagine a wheelchair equipped with wheels flexible enough to navigate all manner of obstacles from kerbs to humps and even staircases.

13/11 China's CATL pushes beyond batteries into power grids, EV platforms

Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth.

13/11 Blinken, in Brussels, pledges to shore up Ukraine support ahead of Trump transition

U.S. Secretary of State Antony Blinken assured NATO on Wednesday that the Biden administration would bolster its support for Ukraine in the few months before Donald Trump's return as president and would try to strengthen the alliance in that time.

13/11 Exclusive: China battery giant CATL would build US plant if Trump allows it

CATL , the world's top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle supply chain, the company's founder and chairman, Robin Zeng, told Reuters.

13/11 Samsung Electronics shares hit lowest in more than four years

Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their lowest level in more than four years.

12/11 South Korea ruling party seeks to aid chipmakers to avert Trump threat

South Korea's ruling party introduced legislation on Monday to give chipmakers subsidies and an exemption from a national cap on working hours, to tackle potential risks from measures threatened by incoming U.S. President Donald Trump.

07/11 Exclusive: Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump's arrival

The U.S. Department of Energy on Thursday finalized a $475 million loan for Li-Cycle Holdings , giving the metals recycler a financial lifeline to build a New York battery processing facility seen as key to outgoing President Joe Biden's vision for a domestic electric vehicle supply chain.

07/11 US farmers back Trump but face pain from China tariff threats

U.S. farmers want something from President-elect Donald Trump that his trade policies mean he is unlikely to deliver: increased access to the market of top soy-importer China.

07/11 German exports and industrial output fall more than expected

German exports and industrial output fell more than expected in September, showing the weakness of two of the pillars of the German economic model at the start of the fourth quarter.

07/11 What Trump's 2024 election win means for Asian companies

Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.

07/11 Automakers brace for new tariffs, EV changes under Trump presidency

Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries and to reverse many existing pro-electric vehicle policies, industry associations and executives said.

06/11 Qualcomm forecasts beats estimates, shares jump 8.5%

Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of flagship Chinese smartphones, and its shares rose 8.5% in extended trading.

05/11 After SpaceX's requests, Taiwanese suppliers move manufacturing abroad, sources say

Elon Musk's SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents.

04/11 Breakingviews - German M&A flurry is powered by lasting tailwinds

The titans of German industry are shedding their old clothes in favour of new ones. Whether that helps the country’s ailing economy is up for debate. But it certainly bodes well for dealmaking.

04/11 Schneider Electric replaces CEO to accelerate strategy execution

Schneider Electric has ousted CEO Peter Herweck with immediate effect, the French industrials giant said on Monday, citing issues with his execution of the company's strategy.

04/11 Breakingviews - China consumer is epitome of delayed gratification

Chinese policymakers have been talking about rebalancing the economy from investment and exports towards consumption for more than two decades. Yet as President Xi Jinping’s austerity campaign and a crackdown on consumer finance have shown, a collectivist approach to economic planning is hard to square with free-spirited spending. Recent stimulus policies suggest that Beijing is not that keen on d

01/11 Harris vs Trump: Stocks to watch as White House race enters final stretch

Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms point to a tight race between Vice President Kamala Harris and former President Donald Trump.

01/11 Staff at US voting machine firms prep for doxxing, misinformation and 'swatting'

Staff at U.S. voting machine companies have removed public information about themselves from the internet and have made contingency plans with local law enforcement ahead of the 2024 election, after suffering harassment in 2020, according to industry representatives.

01/11 Indonesia bans sales of Google phones days after blocking Apple's iPhone 16

Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components, days after blocking sales of tech giant Apple's iPhone 16 for the same reason.

31/10 Blinken expects North Korean troops to deploy against Ukrainian forces in coming days

The United States expects North Korean soldiers in Russia to deploy in combat against Ukrainian forces in coming days, U.S. Secretary of State Antony Blinken said on Thursday, warning they would become legitimate military targets if they enter the battlefield.

31/10 Breakingviews - Siemens AI deal is baby step to higher share price

Siemens CEO Roland Busch is taking a small step towards a higher share price. The German trains-to-robots group is buying simulation-software maker Altair Engineering for $10 billion, after netting off cash. The rich transaction will take years to pay off. But if Busch can use the deal as a trigger to turn $155 billion Siemens into a much simpler company, he might one day earn a higher valuation.

31/10 Samsung posts weaker profit recovery as it misses out on AI boom

Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix .

30/10 Siemens to buy engineering software firm Altair for $10.6 bln

Siemens will buy Altair Engineering for $10.6 billion, the American engineering software firm said on Wednesday, as it seeks to strengthen its presence in the fast-growing industrial software market.

30/10 Caterpillar cuts annual sales forecast on slowing demand, shares fall

Caterpillar said on Wednesday it expects full-year revenue to be slightly lower from its prior forecast as higher borrowing costs and sticky inflation led to a slowdown in machinery demand, sending the company's shares down 5.3%.

30/10 US shippers avoid East Coast ports on risk of second strike

U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. 15 deadline.

29/10 France's Macron, Moroccan king cement reconciliation with business deals

Morocco agreed to buy high-speed trains from French company Alstom on Monday, one of a series of business deals signed during President Emmanuel Macron's state visit to the kingdom as the two countries turn the page on years of diplomatic tensions.

29/10 China detains South Korean on suspicion of espionage

China confirmed on Tuesday the detention of a South Korean citizen suspected of espionage, saying it had advised embassy officials, but without identifying the individual or detailing the charges.

29/10 Apple supplier TDK partners with McLaren Racing in EV push

Apple supplier TDK has partnered with McLaren Racing in Formula E electric motor racing as the Japanese components manufacturer targets expansion in the electric vehicle sector.

28/10 Volkswagen law: German automaker’s ownership structure explained

Volkswagen's plan to close plants in Germany and dissolve long-standing labour agreements with unions has put the spotlight on its unique governance and ownership structure that have drawn criticism from investors for years.