Tag Archives: technology
German coalition parties agree to reduce e-car subsidies – Handelsblatt
BERLIN (Reuters) - Germany's coalition parties have agreed to reduce subsidies for electric cars and to do away with incentives for buyers of hybrid vehicles, German daily Handelsblatt reported, citin...
Jul 26, 2022
Japan gives Kioxia and Western Digital $680 million to boost memory chip production
TOKYO (Reuters) - Japan's government on Tuesday said it will provide as much as 92.9 billion yen ($680 million) to Kioxia Holdings and Western Digital Corp to help them boost production and ensure a s...
Jul 26, 2022
Indonesia says Mitsubishi Motors to invest about $667 million over next 3 years
JAKARTA (Reuters) - Mitsubishi Motors Corp plans to invest about 10 trillion rupiah ($666.89 million) in Indonesia between 2022 and 2025, the country's chief economics minister said on Tuesday. Airlan...
Jul 26, 2022
Russia’s Yandex posts 45% increase in total revenues in Q2
MOSCOW (Reuters) - Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last qua...
Jul 26, 2022
GM signs agreements with suppliers, on course to reach 1 million EV capacity by 2025
(Reuters) - General Motors Co said on Tuesday it had signed multi-year agreements with LG Chem Ltd and Livent Corp to secure key raw materials used in manufacturing batteries for electric vehicles. Wi...
Jul 26, 2022
Cryptoverse: What crisis? Venture capitalists bet big on crypto
By Tom Wilson, Medha Singh and Lisa Pauline Mattackal (Reuters) - It's not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital...
Jul 26, 2022
Dassault Systemes’ quarterly revenue beats estimates
(Reuters) - French software maker Dassault Systemes on Tuesday reported second-quarter revenue above analysts' expectations and at the high end of its own forecast, driven by growth across geographies...
Jul 26, 2022
Coinbase faces SEC probe over cryptocurrency listings – Bloomberg News
(Reuters) - Coinbase Global Inc is facing a U.S. Securities and Exchange Commission (SEC) probe into whether it improperly let Americans trade digital assets that should have been registered as securi...
Jul 25, 2022
Mexican crypto exchange Bitso reaches more than 1 million users in Brazil
SAO PAULO (Reuters) - Mexican cryptocurrency exchange Bitso has hit the one million users mark in Brazil about a year after it launched in the country, according to the company's Brazil chief. "We bea...
Jul 25, 2022
Exclusive: U.S. Energy Department set to loan GM battery joint venture $2.5 billion
By David Shepardson WASHINGTON (Reuters) - The U.S. Energy Department on Monday plans to announce it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help fi...
Jul 25, 2022
