Lucid shares drop as deliveries take hit from Tesla’s price war
By Akash Sriram (Reuters) -Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat,…
Technology
Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion…
Shopify to launch AI assistant for merchants
(Reuters) – Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on…
Microsoft’s $69 billion Activision deal gets US judge go-ahead, UK softens opposition
By Diane Bartz WASHINGTON (Reuters) -Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday,…
India’s Vedanta to enter the chip market this year after Foxconn split
BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil…
China’s Huawei poised to overcome US ban with return of 5G phones -research firms
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies is plotting a return to the 5G smartphone industry by…
What is Nasdaq’s special rebalancing and its impact?
By Sruthi Shankar and Medha Singh (Reuters) -A “special rebalance” of the Nasdaq 100 index will take place later this…
Cboe exchange to partner with Coinbase on bitcoin market surveillance in ETF push
By John McCrank NEW YORK (Reuters) – Exchange operator Cboe Global Markets on Tuesday filed amended applications to list and…
Japan and NATO agree on new partnership programme at NATO Vilnius summit
By Sakura Murakami and Kentaro Sugiyama TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida said on Wednesday he welcomed that…
Exclusive-SoftBank considering US listing for its PayPay business – sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listing for its PayPay payments business, three…