By Asif Shahzad ISLAMABAD (Reuters) – Consumer price inflation in Pakistan jumped to a record 35.37% in March from a year earlier, the statistics bureau said on Saturday, as at least 16 people w[...]
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April 1, 2023
China’s Huawei partners with more automakers to produce Aito EVs
SHANGHAI (Reuters) – China’s Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior executive said on Saturday, in[...]
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VW pledges commitment to electric mobility in China, urges extension of tax breaks
SHANGHAI (Reuters) – A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second l[...]
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Twitter makes some of its source code public, promises more
By Sheila Dang (Reuters) -Twitter on Friday made public parts of the computer code that decides how the social media site recommends content, with its owner Elon Musk adding that the entirety of the c[...]
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New UBS CEO plays down concerns over size of Swiss bank combination
(Reuters) – Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created by its takeover of Credit Suisse. Critics have voiced concern abou[...]
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ECB’s De Guindos warns of broad risks in financial sector
By Giancarlo Navach CERNOBBIO, Italy (Reuters) – The European Central Bank (ECB) is monitoring broad risks across the financial sector and will act to preserve stability in the euro area, ECB vi[...]
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Fed’s Waller: US inflation can drop without much harm to job market
SAN FRANCISCO (Reuters) – U.S. Federal Reserve Governor Christopher Waller on Friday said recent data is consistent with the notion that the U.S. central bank may be able to drive down inflation[...]
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US unveils stricter EV tax credit rules, effective April 18
By David Shepardson and David Lawder WASHINGTON (Reuters) -The U.S. Treasury Department unveiled stricter electric vehicle tax rules on Friday that will reduce or remove tax credits on some zero-emiss[...]
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Bed Bath & Beyond is sued by ousted CEO over unpaid severance
By Jonathan Stempel NEW YORK (Reuters) – Bed Bath & Beyond Inc was sued on Friday by Mark Tritton, who was ousted last June as chief executive of the troubled home goods retailer, in a compl[...]
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