SHANGHAI (Reuters) -Tesla has notified workers and suppliers that production at its Shanghai factory will not resume on Monday as it had hoped, according to an internal notice shared with Reuters. Reuters reported earlier on Sunday that the U.S. automaker aimed to resume production on Monday, citing two sources, as it expected to see its…
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) has signed a non-disclosure agreement with Italian state lender CDP to start formal talks on potentially combining the phone group’s network with that of smaller broadband rival Open Fiber. The move comes as TIM boss Pietro Labriola presses ahead with a plan to revamp Italy’s biggest…
(Corrects spelling of name in the slug, no change to text) (Reuters) – Chinese fast fashion e-commerce startup Shein is weighing a funding round at a valuation of about $100 billion, Bloomberg reported on Sunday, citing people familiar with the matter. The online retailer is in talks with potential investors to raise about $1 billion,…
TOKYO (Reuters) – Japan may expand a subsidy programme for gasoline and other fuels among measures under consideration to ease soaring energy costs, the industry minister said on Sunday. The measure will be part of a fresh relief package which Japanese Prime Minister Fumio Kishida ordered his cabinet last Tuesday to put together by the…
