Panasonic Sends Tesla New EV Battery Samples Ahead Of Production Surge
TOKYO (Reuters) -Panasonic Holdings Corp, which makes batteries for Tesla, said on Wednesday it had shipped samples of its more…
Reuters
Michael Kors Owner Capri Raises Full-year Profit Forecast
(Reuters) – Michael Kors owner Capri Holdings Ltd raised its full-year profit forecast on Wednesday, signaling robust demand for its…
Binance’s Venture Capital Arm Raises $500 Million Fund To Invest In Web3, Blockchain
(Reuters) – Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million…
U.S. Cinemark’s Movie Plan Draws A Million Subscribers
By Lisa Richwine LOS ANGELES (Reuters) – Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie…
Stocks Squeeze Out Slim Gains, Dollar Climbs As Inflation Soars
By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – European stocks made slim gains on Wednesday, with the dollar strengthening…
European Shares Slip As Weak Economic Data Heightens Growth Worries
By Susan Mathew (Reuters) -European shares gave up early gains on Wednesday as weak German retail sales and slowing factory…
Fidelity’s Crypto Unit To Double Down On Hiring This Year (May 31)
(Correct second paragraph to say Fidelity Digital Assets plans to fill 210 new positions, and not 110 as previously reported)…
Volkswagen’s Race With Tesla Will Be Tight, Diess Says
BERLIN (Reuters) – Tesla works at twice the industry pace in many processes but still needs to ramp up highly…
Gazprom Cuts Gas Supply To Orsted And Shell Energy
(Reuters) – Russian gas producer Gazprom has cut off gas supplies to Denmark’s Orsted and to Shell Energy for its…
Marketmind: Full Steam Ahead For Central Banks
A look at the day ahead in markets from Sujata Rao. From Wednesday, the U.S Federal Reserve starts allowing the…