By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla Inc controlled 59.6% of the battery electric market in California from January to March, down from 72.7% for the…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Air National Guardsman accused of leaking classified documents to a small group of gamers had been posting sensitive information months earlier than previously known and to a much larger chat group, the New York Times reported on Friday, citing online postings reviewed by the newspaper. In February 2022,…
(Reuters) – Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday. Pichai’s compensation included stock awards of about $218 million, the filing showed. The pay disparity comes at a time when Alphabet,…
By Carman Chew SINGAPORE (Reuters) – Chilean President Gabriel Boric said on Thursday he would nationalise the country’s lithium industry and create a state-owned company to produce the metal that is a key component of electric vehicle batteries. Boric said future lithium contracts would only be issued as public-private partnerships with state control. Chile holds…
By Marco Aquino and Brendan O’Brien LIMA/WASHINGTON (Reuters) -Former Peruvian President Alejandro Toledo surrendered to U.S. authorities on Friday, a U.S. Marshals Service official told Reuters, a day after his last-ditch bid to block his extradition to Peru over corruption charges was denied. The former leader’s lawyer expressed dismay at the turn of events later…
By Michelle Nichols UNITED NATIONS (Reuters) – A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any new vessels unless their operators guarantee the transits will be done by May 18 – “the expected date of … closure.” Russia has…
By Mark Trevelyan LONDON (Reuters) – With virtually all the Kremlin’s opponents already jailed or in exile, and liberal press outlets and human rights groups forced to shut down, it might have appeared that years of repression in Russia had achieved their objective. But in the space of just three weeks, Russia’s security services and…
By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) -Chile has moved to boost state control over its lithium industry as it seeks to diversify from mining into batteries and other areas, spooking investors in the country’s dominant miners of the white metal, SQM and Albemarle Corp. Chile’s progressive President Gabriel Boric late on Thursday announced…
NEW YORK (Reuters) – JPMorgan Chase & Co bankers continued to have meetings with the sex offender Jeffrey Epstein even after the bank decided to close his accounts in 2013, the Wall Street Journal reported on Friday, citing people familiar with the matter. The banker Justin Nelson had about a half-dozen meetings at Epstein’s townhouse…
By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country’s electric-vehicle supply chain. Europe’s largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said…
