Up To 30% Of Jobs To Be Cut By Enlarged UBS, Tages-Anzeiger Reports
GENEVA (Reuters) – The bank created by the UBS takeover of Credit Suisse is poised to reduce its workforce by…
Reuters
Pakistan Posts Highest-ever Annual Inflation; Stampedes For Food Kill 16
By Asif Shahzad ISLAMABAD (Reuters) – Consumer price inflation in Pakistan jumped to a record 35.37% in March from a…
China’s Huawei Partners With More Automakers To Produce Aito EVs
SHANGHAI (Reuters) – China’s Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior…
Humans Vs. Machines: The Fight To Copyright AI Art
By Tom Hals and Blake Brittain (Reuters) – Last year, Kris Kashtanova typed instructions for a graphic novel into a…
VW Pledges To Double Down On EVs In China, Urges Extension Of NEV Tax Breaks
SHANGHAI (Reuters) -A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of…
Volkswagen Executive Urges China To Extend NEV Tax Exemption Past 2023
SHANGHAI (Reuters) – Stefan Mecha, chief executive of Volkswagen’s passenger car brand in China, on Saturday urged China to extend…
Elon Musk Seeks To End $258 Billion Dogecoin Lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk asked a U.S. judge on Friday to throw out a $258…
US Unveils Stricter EV Tax Credit Rules, Effective April 18
By David Shepardson and David Lawder WASHINGTON (Reuters) -The U.S. Treasury Department unveiled stricter electric vehicle tax rules on Friday…
US Bank Deposit Outflows Decelerated In Second Week After SVB Collapse
(Reuters) – Deposits at all U.S. commercial banks fell in the week ended March 22 to their lowest since August,…
Boy Scouts Insurers Seek To Delay $2.5 Billion Abuse Deal, Bankruptcy Exit
By Dietrich Knauth (Reuters) – A group of Boy Scouts’ insurers on Friday asked a judge to delay the youth…