Nikola founder urges vote against critical share proposal
By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder, Trevor Milton, on Thursday urged investors to vote…
Business
China encourages private firms to participate in key supply chain projects
BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific…
China’s Xpeng expands self-driving capability to Beijing, eyes wider expansion
HONG KONG (Reuters) – Chinese electric vehicle maker Xpeng Inc on Thursday expanded its self-driving capability to Beijing as part…
Chinese e-commerce giants entice cautious consumers with steep mid-year discounts
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major…
Nissan operations chief Gupta, once seen as CEO candidate, to leave company
TOKYO (Reuters) -Nissan Motor’s Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue other…
Bankman-Fried to get second trial on bank fraud, bribery counts
By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Thursday granted a request from prosecutors to try some of…
Cheap ‘like cabbage’ apartments in some Chinese cities draw buyers, and caution
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments…
US banking regulator seeks bids for Silicon Valley Bank’s German assets
(Reuters) -The U.S. banking regulator is seeking bids for the sale of collapsed Silicon Valley Bank’s German assets, according to…
Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service…
Ticketmaster, others agree to upfront, all-in prices as part of Biden war on junk fees
By Jarrett Renshaw (Reuters) – Ticketmaster and other companies have agreed to offer consumers upfront, all-in pricing, the White House…