Analysis-Apple’s growing stock market heft poses dilemma for fund managers
By Lewis Krauskopf NEW YORK (Reuters) – The massive rally in Apple’s shares is forcing some fund managers to revisit…
Business
EV charging firms oppose Texas’ ‘premature’ plan to mandate Tesla standard -letter
By Abhirup Roy SAN FRANCISCO (Reuters) -A group of EV charger makers and operators is pushing back against Texas’ plan…
Kentucky mandates Tesla’s charging plug for state-backed charging stations
By Hyunjoo Jin San Francisco (Reuters) -Kentucky is requiring that electric vehicle charging companies include Tesla’s plug if they want…
Stellantis to invest in historic Italian Mirafiori plant
MILAN (Reuters) – Carmaker Stellantis will invest up to 200 million euros ($218 million) to ensure its Italian Mirafiori site,…
Branson, Virgin Group reputations at centre of $250 million London court clash
By Sam Tobin LONDON (Reuters) – British billionaire Richard Branson severely damaged Virgin Group’s reputation by residing in a tax…
UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates
By Iain Withers LONDON (Reuters) -British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped…
European shares end lower as healthcare declines outweigh miner gains
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares erased gains by the closing bell to finish lower on Monday…
Rivian beats estimates for second-quarter EV deliveries, shares jump
By Chavi Mehta (Reuters) -Rivian Automotive beat market estimates for second-quarter deliveries on higher production and stable demand for its…
Billionaire Ambani’s Reliance Jio renews rural India push with $12 4G phone
(Reuters) -Reliance Jio said on Monday it would launch a 4G feature phone priced at 999 rupees ($12.19), the latest…
Bank of England warns lenders over private equity, commodities exposure
By Huw Jones LONDON (Reuters) -The Bank of England said on Monday that banks may be underestimating their exposure to…