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UK regulator probes Amazon’s planned purchase of iRobot

The Cheap InvestorApril 18, 2023April 18, 20230

(Reuters) -Britain’s competition regulator said on Tuesday it has launched a “Phase 1” probe into Amazon.com Inc’s planned $1.7 billion…

  • Asia
  • Business

EU may struggle to catch up with U.S., Asia in chips subsidies race

The Cheap InvestorApril 18, 2023April 18, 20230

By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – The European Union agreed a 43-billion-euro ($47 billion) chip subsidies…

  • Business
  • Economy

Microsoft developing its own AI chip – The Information

The Cheap InvestorApril 18, 2023April 18, 20230

(Reuters) – Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI…

  • Business
  • Economy

Lordstown Motors resumes production, deliveries after snafu

The Cheap InvestorApril 18, 2023April 18, 20230

(Reuters) – Electric-vehicle company Lordstown Motors Corp said on Tuesday production and deliveries of its Endurance electric pick-up truck resumed…

  • Business
  • Economy

BAT and Amazon in Italy probe over tobacco heater advertising

The Cheap InvestorApril 18, 2023April 18, 20230

ROME (Reuters) – British American Tobacco and Amazon are under investigation in Italy over what regulators say is potentially misleading…

  • Asia
  • Business

Nissan aims for 80% of model line-up to be electrified by 2030 – exec

The Cheap InvestorApril 18, 2023April 18, 20230

TOKYO (Reuters) – Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its…

  • Technology
  • Top News

Elon Musk says he will launch rival to Microsoft-backed ChatGPT

The Cheap InvestorApril 18, 2023April 18, 20230

By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial…

  • Asia
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Alphabet shares fall on report Samsung may dump Google Search for Bing

The Cheap InvestorApril 18, 2023April 18, 20230

(Reuters) -Alphabet Inc shares fell as much as 4% on Monday following a report South Korea’s Samsung Electronics was considering…

  • Business
  • Environment

Explainer-What is direct air capture and how can it fight climate change?

The Cheap InvestorApril 18, 2023April 18, 20230

LONDON (Reuters) – As the need for climate action intensifies, governments and industries are exploring how to remove carbon dioxide…

  • Asia
  • Business

Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources

The Cheap InvestorApril 18, 2023April 18, 20230

By Kane Wu and Julie Zhu HONG KONG (Reuters) – State-owned China Mobile Ltd is exploring a buyout of Hong…

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