Chinese EV maker Zeekr soars nearly 35% in stellar US market debut
By Niket Nishant, Echo Wang and Sarah Wu (Reuters) – Zeekr’s shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle…
Australian regulator says Musk’s X should not set limits of internet law
By Byron Kaye SYDNEY (Reuters) – Elon Musk’s X has policies to take down harmful content when it chooses but should not be allowed to overrule Australian law in deciding…
Elon Musk proposed to launch robotaxis in China during April visit
By Zhang Yan and Brenda Goh BEIJING (Reuters) – Elon Musk proposed testing Tesla‘s advanced driver-assistance package in China by deploying it in robotaxis, during his recent visit to the…
Chipmaker Wolfspeed forecasts quarterly revenue below estimates as EV sales growth slows
By Akash Sriram (Reuters) – Chipmaker Wolfspeed forecast current-quarter revenue below estimates on Wednesday as automakers grapple with high inventory levels due to slower-than-expected EV sales growth. Shares of the…
Second global AI safety summit faces tough questions, lower turnout
By Martin Coulter LONDON (Reuters) – Last year, a who’s who of world leaders, corporate executives and academic experts gathered at Britain’s Bletchley Park for the world’s first global AI…
LG Energy Solution to minimise capex this year due to slow EV demand
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – South Korean battery maker LG Energy Solution (LGES) said on Thursday it plans to minimise capital expenditure this year due to…
STMicroelectronics cuts FY revenue outlook as slowing car market bites
By Ozan Ergenay (Reuters) – European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline…
Meet the talent: Silvia Vianello, Financial Coach/Investor, Professor
Place of residence: Dubai Position: Financial Coach/Investor How many projects are you currently working on? Please describe them: I am currently working on a project called myfinacademy. In My Fin…
Social media company X has received US House of Representatives inquiry over Brazil actions, Musk says
By Akanksha Khushi X has received an inquiry from the US House of Representatives regarding actions taken in Brazil which were in violation of Brazilian law, Elon Musk said on…
Xiaomi set for plunge into EVs at a tricky time for China autos
By Sarah Wu and Yelin Mo BEIJING (Reuters) – China’s Xiaomi will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking…