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    1. Business News
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    3. reuters

    Reuters

    EV battery
    General Motors, LG Energy Solution considering Indiana for fourth U.S. battery plant

    Biden wants half of all U.S. vehicle production by 2030 to be electric or plug-in electric. 

    By Reuters
    August 19, 2022 21:02 IST
    Electric vehicles
    Australia to target vehicle emissions to boost electric car supply

    The government will release a discussion paper for consultation in September, with a focus on increasing EV uptake, improving affordability,…

    By Reuters
    Updated: August 19, 2022 20:57 IST
    autonomous vehicles
    Britain sets out roadmap for self driving vehicle usage by 2025

    While some vehicles with self-driving features could be allowed on large roads by next year, Friday’s announcement also set out…

    By Reuters
    August 19, 2022 20:39 IST
    Cryptocurrencies have fallen so far this year, as Federal Reserve rate hikes and high inflation prompt investors to ditch riskier assets
    Sudden cryptocurrency drop sends Bitcoin to three-week low

    On June 15, Bitcoin plunged more than 15% as investors were spooked by the collapse of stablecoin TerraUSD

    By Reuters
    August 19, 2022 18:56 IST
    Douyin counts more than 600 million daily active users.
    ByteDance’s Douyin teams up with Alibaba’s Ele.me in mini programme push

    Ele.me would be one of the biggest players to date that Douyin, the Chinese equivalent of TikTok, has brought into…

    By Reuters
    August 19, 2022 18:02 IST
    Banks also fell and were on track to end the week lower, potentially snapping their six-week winning streak.
    US Stocks: Futures fall as Fed rate hike worries sap risk sentiment

    Focus next week will be on Fed Chair Jerome Powell’s speech on economic outlook at the annual global central bankers’…

    By Reuters
    August 19, 2022 17:23 IST
    xiaomi, china, covid-19, loss, profit, market
    Xiaomi posts 20% revenue fall, hurt by China COVID-19 curbs

    China’s long-stagnant smartphone sector has been especially hit by the downturn, with unit shipments down 10% year on year in…

    By Reuters
    Updated: August 19, 2022 17:21 IST
    Asian stocks had struggled to find direction, with concerns about China's sputtering growth weighing on sentiment. Earlier this week, China unexpectedly cut key lending rates in an attempt to revive demand after data showed the economy unexpectedly slowed in July amid a zero-COVID policy and property crisis.
    Global Markets: Wall Street set for losses as more data highlights global woes

    German bond yields rose, with the 10-year yield reaching a one-month high of 1.202%, as the producer price data was…

    By Reuters
    August 19, 2022 17:00 IST
    xi jinping, putin, russia, china, g20 summit, indonesia
    Xi Jinping, Vladimir Putin to attend G20 summit in Indonesia’s Bali this November

    Chinese officials are also reportedly making plans for a November meeting in Southeast Asia between Xi and the U.S.

    By Reuters
    August 19, 2022 14:19 IST
    New cryptocurrency called MercadoCoin, which will be implemented in Brazil as part of its loyalty program.
    MercadoLibre to create cryptocurrency as part of loyalty program

    MercadoLibre’s cryptocurrency will be initially valued at $0.10 apiece before being open to market fluctuation.

    By Reuters
    Updated: August 19, 2022 10:21 IST
    Free Trade Agreement
    FTA provisions to prevail in case of conflict over Rules of Origin on imported goods: CBIC

    In an instruction to chief commissioners, the Central Board of Indirect Taxes and Customs (CBIC) said the customs field officers…

    By Reuters
    August 19, 2022 09:54 IST
    UN chief Antonio Guterres in ukraine
    UN chief Antonio Guterres, in Ukraine, seeks to secure nuclear plant and explore peace talks

    Speaking with reporters after talks in Ukraine, U.N. Secretary-General Antonio Guterres said he was gravely concerned by the situation at…

    By Reuters
    August 19, 2022 09:22 IST
    musk twitter deal
    Elon Musk targets ad tech firms in Twitter suit over takeover deal

    Twitter has sued the Tesla chief executive, who has accused Twitter of hiding information about how it calculates the percentage…

    By Reuters
    August 19, 2022 08:30 IST
    DO Italia is an audit and assurance company based in Italy, an independent member firm of BDO International Limited.
    Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

    Tether says its coin maintains its value by holding dollar-denominated reserves to match or exceed the value of Tether coins…

    By Reuters
    August 18, 2022 17:55 IST
    nexgen energia, clean fuel energy
    Nexgen Energia plans to foray into ethanol segment, to invest Rs 300 crore

    Nexgen Energia will expand its business vertical to set up ethanol plants to boost the production in the country.

    By Reuters
    Updated: August 18, 2022 17:53 IST
    Traders see a slightly greater probability of the Fed raising rates by 50 basis points in September, rather than a third 75 basis-point hike, after the minutes on Wednesday.
    US Stocks: Futures tick higher ahead of weekly jobless claims data

    The tech-heavy Nasdaq has bounced nearly 22% from its mid-June lows, while the benchmark S&P 500 has risen 17%, supported…

    By Reuters
    August 18, 2022 17:08 IST
    Stocks
    Global stocks gain, shrugging off latest policymaker inflation concerns

    The dollar rose towards a three week high after the Fed’s minutes, although its gains faded as the general mood…

    By Reuters
    August 18, 2022 16:58 IST
    Tesla Model 3
    Tesla cuts delivery waiting time for Model Y in China to a minimum of 4 weeks

    Electric auto giant Tesla said on Thursday it has slashed the delivery waiting time for its Model 3 and Model…

    By Reuters
    Updated: December 16, 2022 16:27 IST
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    Latest News

    Not Texas or Arkansas, Americans are flocking to THIS retiree state, and the reason is surprising

    FPI short positions at a three-month low

    Bill to amend Seed Act in Budget session: Minister

    The iOS 26.1 update, which is currently in beta testing stage

    iOS 26.1 update to bring big changes to your iPhone: No Liquid Glass, Smart alarms and more

    Reliance ties up with Google to offer Gemini Pro free for 18 months

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