China says Tesla to fix software for 1.1 million cars on braking issue
SHANGHAI/BEIJING (Reuters) -China’s market regulator said Tesla Inc will fix software in more than 1 million vehicles to reduce the…
Business
HSBC to pay $75 million in penalties to settle U.S. CFTC charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S….
EU antitrust regulators extend decision on Broadcom, VMware deal to June 26
BRUSSELS (Reuters) – EU antitrust regulators extended on Friday their deadline for a decision on U.S. chipmaker Broadcom’s proposed $61…
CBO sees US default in first half of June without debt ceiling increase
By David Lawder WASHINGTON (Reuters) -The United States faces a “significant risk” of defaulting on payment obligations within the first…
Analysis-Biden’s power plant proposal poses huge test for carbon capture
By Valerie Volcovici and Timothy Gardner (Reuters) – The Biden administration’s plan to decarbonize the U.S. power sector envisions the…
Virgin Orbit plans to move back deadline for bidders – source
By Joey Roulette (Reuters) – Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders…
China Evergrande ordered to pay $111 million in arbitration against unit, exec
(Reuters) – Property developer China Evergrande Group said on Friday it has received an enforcement notice from the court in…
US Treasury takes middle road on solar panels ‘Made in the USA’
By Nichola Groom and David Lawder (Reuters) -The U.S. Treasury Department on Friday clarified that developers of solar energy projects…
Vietnam EV maker VinFast to list in US via a SPAC
By Phuong Nguyen HANOI (Reuters) – Vietnamese electric automaker VinFast said on Friday it will list in the United States…
US equity funds see massive outflows on debt ceiling worries
(Reuters) – U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt…