By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Amid a flurry of commentary from global financial leaders at the International Monetary Fund and World Bank Spring meeting[...]
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April 17, 2024
US NHTSA upgrades probe into braking issues in 3 million Honda vehicles
(Reuters) -The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it had upgraded its probe into reports of unexpected activation of automatic emergency braking systems in a[...]
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US trade chief calls for ‘decisive’ action to shield EV sector from China
By David Lawder WASHINGTON (Reuters) -The U.S. must take “decisive” action to protect electric vehicles (EVs) from subsidized Chinese competition, U.S. Trade Representative Katherine Tai s[...]
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Equifax sees second-quarter revenue below estimates as rates remain high
(Reuters) – Credit ratings firm Equifax forecast on Wednesday its second-quarter revenue below estimates after strong economic data boosted chances of rates staying higher-for-longer, potentiall[...]
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New Cadence supercomputers aim to speed creation of chips, software
By Stephen Nellis (Reuters) – Cadence Design Systems on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other c[...]
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Tesla layoffs include 14% of Buffalo workers, WARN notice shows
(Reuters) -Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of its global workforce, the electric-vehicle maker said in a legally mandated notice on Wednesday. U[...]
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IMF, World Bank cite significant progress in debt restructuring cases
WASHINGTON (Reuters) – The International Monetary Fund, World Bank and current G20 president Brazil said on Wednesday there had been significant progress on global debt issues in recent months,[...]
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US watchdog to look into FAA’s oversight of Boeing 737, 787 manufacturing, Semafor reports
(Reuters) -The U.S. Department of Transportation’s watchdog is looking into the Federal Aviation Administration’s oversight of Boeing’s manufacturing of 737s and 787s, Semafor report[...]
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Meta, others should give users free option without targeted ads, EU privacy watchdog says
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms and other large online platforms should offer users the option to use their services for free without targeted advertising, the EU privacy watchdog s[...]
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