(Reuters) – Twitter Inc has mulled selling user names to bring in new revenue, the New York Times reported on Wednesday, citing sources familiar with the matter. The social media firm did not im[...]
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January 11, 2023
China’s BYD to launch luxury electric sedan in India this year
By Praveen Paramasivam and Aditi Shah GREATER NOIDA, India (Reuters) – BYD will launch its third passenger electric vehicle in India by the fourth quarter of this year, the Warren Buffett-backed[...]
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Tata Motors looks to expand electric car portfolio, add pricier models
By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said[...]
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European shares rise on bets of easing rate hikes; Direct Line plunges
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer Direct Line fell sharply after scra[...]
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Judge rejects Tesla’s challenge to Calif. agency in race bias lawsuit
By Daniel Wiessner (Reuters) – Tesla Inc has suffered another setback in its bid to challenge the powers of California’s Civil Rights Department, which is suing the electric carmaker over[...]
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Factbox-Activist investor Bluebell’s offensive against European giants heats up
(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world’s biggest companies. The group ha[...]
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Bayer shares gain as another activist investor piles in
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer is facing demands from activist investor Bluebell Capital Partners to break up, a person familiar with the matter told Reuters, pushing s[...]
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HSBC expects Fed’s final rate hike on Feb. 1, cuts next year
NEW YORK (Reuters) – The Federal Reserve will likely hike its target interest rate for the last time at its Jan. 31-Feb. 1 monetary policy meeting, raising it by 50 basis points (bps) to a range[...]
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Electrolux slides into quarterly loss on weak N.America sales, costs
STOCKHOLM (Reuters) -Electrolux, Europe’s biggest appliance maker, reported a fourth-quarter loss on Wednesday, citing weaker demand from both consumers and its retailers, and high costs. The Sw[...]
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