SHANGHAI (Reuters) – Leading Chinese electric car manufacturer BYD Co has adjusted its product prices starting from Jan. 1, citing the impact of reduced subsidies for new energy vehicles since November last year. Official guidance prices will rise by between 2,000 yuan ($290) and 6,000 yuan for its various models, the company said on its…
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co and Deutsche Bank AG asked a U.S. judge to dismiss lawsuits by women who accused Jeffrey Epstein of sexual abuse, and said the banks enabled and ignored red flags about the late financier’s sex trafficking. The banks in papers filed on Friday night in…
(Reuters) -Sweden-based Volvo Car AB said on Saturday it had taken 100% ownership of its autonomous driving (AD) software development subsidiary Zenseact. Volvo Cars acquired 13.5% of shares in Zenseact from ECARX, which made the AD software company a fully owned subsidiary of the Swedish automaker. Zenseact will continue to remain and operate as a…
(Reuters) – Sweden-based Volvo Car AB said on Saturday it has taken 100% ownership of its autonomous driving software development subsidiary, Zenseact. (Reporting by Baranjot Kaur in Bengaluru; Editing by Alison Williams)
TAIPEI (Reuters) – Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks, including subsidies for electricity prices, President Tsai Ing-wen said on Saturday. While the export-dependent economy grew 6.45% in 2021, the fastest rate since it expanded…
