COPENHAGEN (Reuters) – U.S. electric vehicle manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation work without the necessary registration, the Swedish Electricians’ Union said on Wednesday. There are already tense relations between Tesla and unions in Sweden, where the company has faced prolonged industrial action and its mechanics have…
By makailah gause NEW YORK (Reuters) – Women in the U.S. have saved just a third of the amount that men have set aside for retirement, setting up a potential crisis among female retirees, according to a Prudential Financial survey released on Monday. On average, men had saved $157,000 for retirement, while women had only…
(Reuters) – COVID-19 vaccine makers said data from animals studies showed their 2024-25 shots targeting the JN.1 variant that was dominant earlier this year could neutralize newer subvariants such as KP.2 much better than the older shots. This was disclosed in presentations by the companies ahead of a meeting of the U.S. Food and Drug…
By Chibuike Oguh NEW YORK (Reuters) -Global stocks edged higher while U.S. Treasury yields dipped on Tuesday as markets weighed data showing a persistently tight labor market, and prospects of interest rate cuts after comments from Federal Reserve Chair Jerome Powell. The Fed needs more data before cutting rates to ensure recent weaker inflation readings…
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is…
(Reuters) – Top U.S. independent oil producer ConocoPhillips said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of rival Marathon Oil. ConocoPhillips said both companies received the requests on July 11 and are working with the FTC to review the merger. CONTEXT Conoco said…
By Angelo Amante ROME (Reuters) – Israel must comply with international law in Gaza and address the devastating humanitarian crisis in the Palestinian enclave, a group of Western nations wrote in a letter to the Israeli government seen by Reuters on Friday. All countries belonging to the Group of Seven (G7) major democracies, apart from…
(Reuters) -Saudi Aramco will take a 10% stake in Horse Powertrain, the thermal engines joint venture between Renault and Geely, the Chinese automaker said on Friday. Reuters earlier in the day reported that Aramco was close to buying a 10% stake in Horse Powertrain. The transaction values the joint venture, which supplies gasoline engines, hybrid…
WASHINGTON (Reuters) – The U.S. House of Representatives narrowly voted Thursday to approve legislation to tighten rules limiting Chinese content in vehicles qualifying for U.S. electric vehicle tax credits. The House voted 217 to 192 to approve the bill, which has not been taken up by the Senate, to tighten the definition of Chinese components…
By James Mackenzie JERUSALEM (Reuters) – U.S. President Joe Biden’s announcement that he would withhold arms supplies if Israel went through with its assault of Rafah drew a defiant reaction on Wednesday alongside unease at the possible longer term fallout from the open clash with Israel’s most vital ally. The warning came after months of…
