Volkswagen in discussions with Tesla over its charging standard

FRANKFURT (Reuters) – Volkswagen said on Thursday that it was in discussions with Tesla over its North American charging standard to optimize it for its customers. “Volkswagen Group and its brands are currently evaluating the implementation of the Tesla North American Charging Standard (NACS) for its North American customers,” Volkswagen said in an emailed statement….

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Brazil electoral court close to ending Bolsonaro’s political career

By Ricardo Brito BRASILIA (Reuters) -Former President Jair Bolsonaro was on the cusp of losing his political future on Thursday, as three of a required four federal electoral court justices ruled he had abused his power in last year’s fraught election. The case was adjourned until Friday when the remaining justices will rule. Bolsonaro could…

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Brazil cenbank chief signals he supports changing inflation target time frame

By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursue inflation targets, ditching the current system of tracking a calendar year. Speaking at a press conference in Brasilia, Campos Neto said that would be an “interesting…

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Polestar to adopt Tesla’s supercharger network in the US, Canada

(Reuters) – Swedish electric vehicle (EV) maker Polestar said on Thursday it has signed an agreement with Tesla to adopt the EV maker’s Supercharger network in the United States and Canada. Starting 2025, new Polestar vehicles sold in North America will be equipped with Tesla’s North American Charging Standard (NACS) charging port by default, the…

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H&M leads Europe’s STOXX 600 higher, rate hike jitters weigh

By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying on stronger-than-expected quarterly profit, but economic data from both sides of the Atlantic and hawkish signals from major central bankers weighed on markets. The pan-European STOXX 600 index closed 0.1% higher. Shares of H&M climbed…

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