Electric Vehicle Maker Tesla To Open Office In Malaysia
KUALA LUMPUR (Reuters) – Malaysia on Wednesday said electric vehicle (EV) maker Tesla Inc will open an office in the…
February 2023
Asia’s Factory Activity Stalls, But China A Bright Spot
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity stalled in February with the exception of China, as slowing global…
Hedge funds unimpressed by Chinese internet giants’ peppy earnings
By Summer Zhen HONG KONG (Reuters) – A set of bumper earnings reports from the likes of Baidu Inc and…
China’s Factory Activity Stuns With Fastest Growth In A Decade
By Liangping Gao and Joe Cash BEIJING (Reuters) – China’s manufacturing activity expanded as the fastest pace in more than…
Stocks Pinned To Lows As Rate Fears Weigh
By Tom Westbrook SINGAPORE (Reuters) – Asian stocks struggled to come off two-month lows on Wednesday and the safe-haven dollar…
Tesla To Build New Plant In Mexico Worth Over $5 Billion, Government Says
By Dave Graham and Daina Beth Solomon MEXICO CITY (Reuters) -Tesla Inc will build a new assembly plant in northern…
U.S. Commerce To Ask Companies Seeking Chips Funding To Provide Childcare For Employees
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday it plans to ask companies seeking at least…
Rivian’s 2023 Outlook Disappoints, Recalls Over 12,700 Cars; Shares Fall 8 Pct
By Akash Sriram and Abhirup Roy (Reuters) – Rivian Automotive Inc on Tuesday forecast 2023 production well below analysts’ estimates…
Airbus Criticizes US Inflation Reduction Act For Challenging European Aerospace Firms
WASHINGTON (Reuters) -The head of European planemaker Airbus criticized the U.S. Inflation Reduction Act on Tuesday, saying the law could…
Biden Admin Grilled Over $23 Billion In Licenses For Blacklisted Chinese Firms
By Karen Freifeld and Alexandra Alper (Reuters) -The Biden administration approved more than $23 billion worth of licenses for companies…