LAS VEGAS — Ukrainian President Volodymyr Zelenskyy has appeared in a video at the Grammy Awards asking for support in telling the story of Ukraine’s invasion by Russia. During the pre-recorded message that aired on the show Sunday night, he spoke in English, likening the attack to a deadly silence threatening to extinguish the dreams…
DETROIT (AP) — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more than a year, the global auto industry has struggled with a disastrous shortage of computer chips and other vital parts that has…
By Sudarshan Varadhan NEW DELHI (Reuters) – India’s southern Andhra Pradesh has cancelled bids made for two separate tenders by India’s Adani Enterprises to supply imported coal as the prices quoted were too high, two state government officials told Reuters. It is the first time in recent years that a major government tender for imported…
BEIJING (Reuters) – China’s largest electric vehicle (EV) maker BYD Co Ltd said that as of last month it stopped making combustion engine vehicles and now produces electric and hybrid cars only. “In the future, BYD will focus on pure electric and plug-in hybrids in the automobile sector,” the company said in a statement filed…
VILNIUS, Lithuania (AP) — Lithuania says it has cut itself off entirely of gas imports from Russia, apparently becoming the first of the European Union’s 27 nations using Russian gas to break its energy dependence upon Moscow. “Seeking full energy independence from Russian gas, in response to Russia’s energy blackmail in Europe and the war…
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…
SHANGHAI (Reuters) – Tesla is aiming to resume production at its Shanghai factory from Monday, two sources familiar with the matter said, as it expects to see its first batch of workers released from a lockdown the city imposed to combat a surge in COVID-19 cases. Production at the U.S. automaker’s Shanghai factory, which produces…
