By Abhirup Roy SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Tuesday it will adopt Tesla’s charging standard, giving Rivian customers access to the biggest U.S. charging network and adding momentum to Tesla’s bid to set the industry standard. Rivian said its customers will be able to access 12,000 Tesla Superchargers with adapters in…
By Harish Sridharan (Reuters) -The Australian Competition Tribunal (ACT) upheld a decision to block an asset transfer deal between wireless internet firms Telstra Group and TPG Telecom, the companies said on Wednesday, in a ruling that sent TPG shares down 11%. Under the deal announced in February 2022, Telstra would have bought spectrum – airwaves…
(Reuters) – Hit television writer and producer Ryan Murphy is planning to leave Netflix to join Walt Disney, Bloomberg News reported on Tuesday, citing people familiar with the matter. Murphy is known for his creation of hits from “Glee” to “9-1-1” and “American Horror Story” and serial-killer series “Dahmer – Monster: The Jeffrey Dahmer Story,”…
BENGALURU (Reuters) -IndiGo, India’s largest airline, on Monday placed an order for 500 Airbus narrowbody jets, the largest ever plane deal by number of aircraft, overtaking an earlier deal by rival Air India that was firmed up on Tuesday. Following are the biggest plane deals, by number of aircraft. INDIGO – 500 JETS – 2023…
By Jarrett Renshaw and Hyunjoo Jin (Reuters) -Tesla scored a series of victories for its charging technology on Tuesday, capped by Texas saying it would require electric vehicle charging companies to include both Tesla’s standard as well as the nationally recognized CCS if they want to be part of a state program to electrify highways…
By Joe Cash BEIJING (Reuters) – A slowdown in both the Chinese and global economies is the biggest issue affecting European firms in China, beating political tensions with the United States and decoupling, according to the European Chamber of Commerce in China. The number of European firms that see China as a top-three destination for…
By Hussein Waaile, YP Rajesh and Tanvi Mehta NEW YORK/NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi arrived in the United States on Tuesday for a state visit that has been projected as a milestone in ties between the two countries that would deepen and diversify their partnership. Modi has been to the U.S. five times…
By Lisa Baertlein LOS ANGELES (Reuters) – FedEx on Tuesday said it will merge its contractor-based Ground delivery operations in Canada into its company-operated Express unit and convert contractors into employees. The move, set to be phased in starting in April 2024, comes as the global delivery company is revamping its business to boost profits…
LONDON (Reuters) – Pay awards by British employers remained the highest in more than 30 years in the three months to May, keeping pressure on the Bank of England which looks set to raise interest rates again on Thursday in a bid to tame high inflation. Human resources data firm XpertHR said the median basic…
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Pressure is mounting on China’s cash-strapped local governments as authorities move to shut a private funding route for their financing arms, according to planned new rules and people familiar with their aims, raising credit risks and default worries. Beijing has been tightening rules on local government…
