Tag Archives: technology
TIM clears first hurdle in securing state guarantees for $3.1 billion loan – sources
ROME (Reuters) - Italian credit export agency SACE has approved state guarantees for a bank credit line worth up to 3 billion euros ($3.1 billion) for Telecom Italia (TLIT), two sources close to the m...
May 16, 2022
Peloton, NordicTrack maker iFit settle all litigation
By Jonathan Stempel NEW YORK (Reuters) -Peloton Interactive Inc and NordicTrack maker iFit said they have settled all pending litigation between them, where the fitness equipment makers accused each o...
May 16, 2022
J.P. Morgan upgrades Chinese internet stocks, expects uncertainties to abate
(Reuters) - J.P. Morgan analysts upgraded the stocks of some Chinese internet companies on Monday and the brokerage expects "significant uncertainties" faced by the sector to abate. China signaled an ...
May 16, 2022
Nigerian entrepreneur builds electric mini-buses in clean energy push
By Seun Sanni MAIDUGURI, Nigeria (Reuters) - Nigerian entrepreneur Mustapha Gajibo has been converting petrol mini-buses into electric vehicles at his workshop, but he is now going a step further to b...
May 16, 2022
REE Automotive to build commercial EV plant in UK’s Coventry
By Nick Carey LONDON (Reuters) - REE Automotive, which develops rolling chassis for commercial electric vehicles (EVs), said on Monday it will build an assembly plant in the British city of Coventry t...
May 16, 2022
Bitcoin back below $30,000; European regulators renew crypto warnings
HONG KONG (Reuters) - Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, as regulators continued to circle. European officials reiterated warnings ...
May 16, 2022
China regulator says Tesla recalling 107,293 China-made Model 3, Model Y vehicles
BEIJING (Reuters) - China's market regulatory agency said on Monday that Tesla Inc is recalling 107,293 China-made Model 3 and Model Y vehicles due to overheating that may cause the centre touchscreen...
May 16, 2022
Grayscale to launch digital assets ETF in UK, Italy, Germany
By Elizabeth Howcroft LONDON (Reuters) - Grayscale will list an exchange-traded fund (ETF) in Europe made up of companies representing the "Future of Finance", the world's largest cryptocurrency asset...
May 16, 2022
Website creator Wix.com Q1 loss widens, revenue grows
JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, reported a wider-than-expected quarterly loss, but said its businesses were showing steady growth despite ongoin...
May 16, 2022
FTX chief says Bitcoin has no future as a payments network – Financial Times
(Reuters) - Cryptocurrency exchange FTX's founder has said that Bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the F...
May 15, 2022
