Tesla slashes Model Y production in Shanghai, data shows
SHANGHAI (Reuters) – Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at…
Micron hit with $445 million US verdict in Netlist patent trial
By Blake Brittain (Reuters) – Chipmaker Micron Technology owes computer-memory company Netlist $445 million in damages for violating Netlist’s patent…
China starts second day of war games around Taiwan to test ability to ‘seize power’
By Bernard Orr and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s military started its second day of war games around Taiwan on…
Implementation of global minimum tax deal is Germany’s priority, Finance Minister says
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – The implementation of the second pillar of the global minimum tax…
Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in…
Nasdaq jumps as Nvidia results drive up chip stocks
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq and the benchmark S&P 500 opened at record…
Tobacco industry aims to hook new generation on vapes, WHO says
LONDON (Reuters) -Tobacco companies still actively target young people via social media, sports and music festivals and new, flavoured products,…
Live Nation ‘suffocates its competition,’ US says in monopoly lawsuit
By Sarah N. Lynch, David Shepardson and Mike Scarcella WASHINGTON (Reuters) -The U.S. Justice Department and a group of 30…
Off-price retailer TJX posts upbeat Q1, lifts annual profit view on robust demand
By Anuja Bharat Mistry (Reuters) -TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast…
Disney strikes deal to sell stake in India’s Tata Play, Bloomberg News reports
BENGALURU (Reuters) – Walt Disney has struck a deal to sell its stake in Tata Play, valuing Indian conglomerate Tata…