(Reuters) – Russian state entity NAMI said on Wednesday it had acquired a 100% stake in a factory producing anti-lock brakes and other systems for cars that was formerly owned by German technology group Robert Bosch. NAMI, Russia’s Central Automobile and Engine Research and Development Institute, has been snapping up assets from global carmakers that…
By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) -President Vladimir Putin said on Tuesday that any further mobilisation would depend on what Russia wanted to achieve in the war in Ukraine, adding that he faced a question only he could answer – should Russia try to take Kyiv again? More than 15 months since Putin…
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) -India’s annual wholesale prices fell for the second consecutive month in May on easing input costs brought about by lower commodity prices, government data showed on Wednesday. The wholesale price index (WPI) fell 3.48%, compared with a 2.35% fall estimated by economists in a Reuters poll….
(Reuters) – Toyota Motor said this week it will adopt a technology Tesla pioneered known as “Gigacasting” as part of a strategy by the Japanese automaker to improve the performance – and lower the cost – of future electric vehicles (EVs). Toyota is not alone in following Tesla’s breakthrough. Here’s a look at Gigacasting and…
By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate, although even with the rise the country would still have one of the lowest corporate tax levels in the world. In 2021 almost…
By Jack Queen (Reuters) – Former U.S. President Donald Trump pleaded not guilty on Tuesday to federal criminal charges that he unlawfully kept national-security documents when he left office and lied to officials who sought to recover them. Here is what to expect as the case proceeds. WHAT HAPPENS NEXT? It could be a year…
By Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday denounced racism in the United States and said the Juneteenth holiday was meant to help underscore American values that he said were under threat. Speaking at the White House’s first big Juneteenth celebration, a concert that featured performances by singers Jennifer Hudson,…
By Sarah N. Lynch (Reuters) – Former U.S. President Donald Trump has become the most high-profile person ever to face criminal charges under the Espionage Act for the unlawful retention of sensitive national defense records. In all, Trump faces 37 criminal counts, 31 of which relate to secret or top secret classified documents. He is…
WASHINGTON (Reuters) – The U.S. Senate on Tuesday confirmed Jared Bernstein as chairman of the Council of Economic Advisers (CEA) in a 50-49 vote, elevating a longtime adviser to President Joe Biden who began his career as a jazz musician and social worker. Biden nominated Bernstein, who was already a member of the council, on…
(Reuters) – Former U.S. President Donald Trump pleaded not guilty in Miami federal court on Tuesday to criminal charges that he unlawfully kept national-security documents when he left office and lied to officials who sought to recover them. Following are some comments in reaction to the news: *Former President Donald Trump on Truth Social “Thank…
