TOKYO (AP) — Nissan will more aggressively push electric vehicles to take advantage of a new U.S. law that gives up to $7,500 in tax credits, the Japanese automaker said Friday. President Joe Biden signed the landmark climate change and health care bill into law last month. The tax credit can be used to defray…
DUBLIN (Reuters) – Ireland’s data regulator has one month to make an order on blocking Facebook’s transatlantic data flows, European Union regulators said on Thursday. EU regulators led by Ireland’s Data Protection Commissioner (DPC) Helen Dixon have been finalising a ban on the legal tool used by Facebook to transfer European user data because of…
HELSINKI (Reuters) -Finnair will remain a stand-alone airline and stick to its Asia-focused strategy while adding new routes to the United States, Chief Executive Topi Manner said on Friday. Finland’s national carrier, which has bet heavily on providing connections to Asia, expects the business environment to return close to normal in the second half of…
WASHINGTON (AP) — Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed. The latest data released Tuesday by the the Bureau of Labor Statistics further reveals an extraordinarily tight labor market that has emboldened millions of Americans…
By Jane Lanhee Lee OAKLAND, California, (Reuters) – Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp, accusing it of unlawfully sharing confidential intellectual property and trade secrets. New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new…
By Paul Lienert (Reuters) – General Motors will invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM’s Warren Technical Center, the company said on Wednesday. The Celestiq, which will share battery cells, motors and other components with the Cadillac Lyriq, is slated to begin production in the Detroit suburb in…
MADRID (AP) — The land borders between Spain and Morocco at Ceuta and Melilla, Spain’s North African enclave cities, have begun to reopen after being closed for just over two years because of the COVID-19 pandemic and later a diplomatic crisis between the two countries. Crowds gathered at the first border to reopen — Tarajal,…
BERLIN (AP) — U.S. Secretary of State Antony Blinken said Thursday that talks with Iran over its nuclear program are at a “decisive moment,” and warned that Washington and its allies may change tactics if a deal isn’t reached in the coming weeks. Blinken said that the longer Iran fails to comply with the 2015…
By Prerana Bhat and Arsh Tushar Mogre BENGALURU (Reuters) – India’s retail inflation likely surged to an 18-month high in April, largely driven by rising fuel and food prices and staying well above the Reserve Bank of India’s upper tolerance limit for a fourth consecutive month, a Reuters poll found. The jump has been long…
By Mike Stone WASHINGTON (Reuters) -The United States plans to announce as soon as Tuesday a new military aid package for Ukraine worth up to $500 million, keeping up U.S. resolve to help Ukraine against Russia as Moscow deals with a mutiny by some of its soldiers. The package will include ground vehicles as Ukraine…
