By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) -A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow it is on track to ferry customers around the sporting showcase and take off globally. The world’s largest air show tends to focus on military…
By Gabriel Araujo SAO PAULO (Reuters) – Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to integrate Eve’s upcoming flying car into Blade’s European route network, starting with France, the companies said on Monday. The deal follows similar agreements between the firms, which are currently participating in the Paris Airshow, to…
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, which will embed artificial intelligence into the British luxury carmaker’s system to help avert future global supply issues. The new AI technology, JLR said, will allow it to monitor its supply chain…
(Reuters) – Ford Motor Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles. “They developed very quickly, and they developed them in large scale. And now they’re exporting them,” Ford told CNN’s ‘Fareed Zakaria GPS’ Sunday program. “They’re not here but they’ll…
By Humeyra Pamuk BEIJING (Reuters) -The U.S. secretary of state and Chinese foreign minister on Sunday held what both called candid and constructive talks on their differences from Taiwan to trade but seemed to agree on little beyond keeping the conversation going with an eventual meeting in Washington. Speaking after a 5-1/2 hour meeting followed…
JERUSALEM (Reuters) -U.S. chipmaker Intel Corp will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country. The factory in Kiryat Gat is due to open in 2027, to operate through 2035 at least and to employ thousands of people,…
(Reuters) – Binance has issued a cease and desist order to “Binance Nigeria Limited”, Binance CEO Changpeng Zhao said in a tweet on Sunday, calling the Nigerian company a “scammer entity”. Earlier this month, Nigeria’s markets regulator ordered Binance to halt its operations in the country, saying local unit “Binance Nigeria Limited” that courted Nigerian…
By Michael Martina WASHINGTON (Reuters) – For over 40 years, a landmark agreement between the United States and China has yielded cooperation across a range of scientific and technical fields, a powerful sign that the rivals could set aside their disputes and work together. Now with bilateral relations in their worst state in decades, a…
(Reuters) – Microsoft said on Friday that the outages that affected certain services of the company through some of the earlier days of this month were the result of cyberattacks, but said it saw no evidence of any customer data being accessed or compromised. “Beginning in early June 2023, Microsoft identified surges in traffic against…
By Philip Blenkinsop (Reuters) – European countries should strengthen relations with Taiwan if they want continued Taiwanese investment in semiconductor production, Foreign Minister Joseph Wu said during a visit to Europe last week. Overseas investments by Taiwan Semiconductor Manufacturing Corp (TSMC), the world’s largest contract chipmaker, need government approval, including for a potential factory in…
