Coinbase, facing SEC lawsuit, says regulator lacks police power over crypto
By Jonathan Stempel NEW YORK (Reuters) – Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to…
Business
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…
US antitrust enforcer says generative AI ‘raises competition concerns’
WASHINGTON (Reuters) – Generative AI, which is best known for ChatGPT, raises competition concerns and is a focus of the…
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…
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…
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…
Stellantis puts Michigan plants in ‘critical status’ ahead of union talks
By Bianca Flowers (Reuters) – Carmaker Stellantis will require union employees to work mandatory overtime at its Warren Truck assembly…
Audi names Volkswagen strategy chief Doellner as new CEO
FRANKFURT (Reuters) -Volkswagen’s Audi named the German group’s strategy chief as its new CEO on Thursday, as the luxury carmaker…
H&M shares jump 17% as summer collection boosts profit
By Marie Mannes STOCKHOLM (Reuters) -Fashion retailer H&M’s shares jumped more than 17% on Thursday after its second-quarter profit beat…
White House’s Brainard sees ‘every reason’ to believe inflation going down
WASHINGTON (Reuters) – U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation would continue to improve…