Stellantis unveils new platform underpinning move to electric vehicles
MILAN (Reuters) – Stellantis on Wednesday unveiled its new ‘STLA Medium’ vehicle platform, the first of four new electric-centric bases…
US
Chinese automakers to take majority of home market for first time – forecast
(Reuters) – Chinese auto brands are on track to account for just over 50% of the cars sold in their…
Toyota US sales rise in June on strong demand
(Reuters) – Toyota Motor North America, a unit of Toyota Motor Corp reported a rise in U.S. auto sales for…
U.S. factory orders miss expectations in May
WASHINGTON(Reuters) – New orders for U.S.-made goods increased less than expected in May as a surge in civilian aircraft orders…
EV startup Nikola reports jump in second-quarter deliveries, shares rise
(Reuters) -Nikola said on Wednesday that wholesale and retail sales of its electric vehicles jumped in the second quarter from…
India cenbank seeks to give customers choice of card network
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit…
Wall Street wealth helps boost endowments at posh New York City private schools
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The endowments of New York City’s pricey private schools are flourishing thanks to…
UPS, Teamsters Union contract talks in deadlock
(Reuters) – Parcel delivery firm United Parcel Service Inc and the Teamsters Union on Wednesday accused each other of walking…
Pope sets up commission to honour modern-day Christian martyrs
VATICAN CITY (Reuters) – The Vatican will study the modern-day killing of Christians and try to list “all those who…
Israeli troops withdraw in West Bank, Gaza rockets fired
By Ali Sawafta JENIN, West Bank (Reuters) -Militants from the Gaza Strip fired rockets on Wednesday after Israeli forces withdrew…