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[1/2]Committee chairman U.S. Rep. Mike Gallagher (R-WI) speaks during a House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party meeting on “Taiwan Tabletop Exercise (TTX),” a war games simulation, on Capitol Hill in Washington, U.S., April 19,… Read more SAN FRANCISCO, July 28 (Reuters) – Two U.S. lawmakers… Continue reading article with gallery

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Ford recalls 870,000 F-150 trucks over unexpected parking brake activation

WASHINGTON, July 28 (Reuters) – Ford Motor (F.N) said Friday it is recalling 870,000 F-150 trucks in the United States because of the risk of an unexpected activation of the electric parking brake due to a potential wiring issue. The recall covers 2021 through 2023 model year F-150 trucks, according to a filing with the… Continue reading Ford recalls 870,000 F-150 trucks over unexpected parking brake activation

Vietnam EV maker VinFast to list in the U.S. in August after regulator nod

HANOI, July 28 (Reuters) – Vietnamese electric vehicle maker VinFast said on Friday it is planning to list in the United States next month via a blank-cheque company after the Securities and Exchange Commission (SEC) gave the go ahead to its proposed business combination. VinFast, a unit of Vietnam’s biggest conglomerate Vingroup (VIC.HM), announced in… Continue reading Vietnam EV maker VinFast to list in the U.S. in August after regulator nod

Global automakers scramble to reset China strategies as sales slow

Show more companies SHANGHAI, July 28 (Reuters) – For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding their leadership of the world’s biggest auto market to local, upstart brands. Announcements from some of the world’s largest automakers in recent days show they are taking a… Continue reading Global automakers scramble to reset China strategies as sales slow

Exclusive: BYD tells India partner it wants to drop $1 bln EV investment plan-sources

NEW DELHI, July 28 (Reuters) – China’s BYD (002594.SZ) has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said. BYD and its partner, privately held Megha Engineering and Infrastructures… Continue reading Exclusive: BYD tells India partner it wants to drop $1 bln EV investment plan-sources

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SEOUL, July 28 (Reuters) – From Intel (INTC.O) to Samsung (005930.KS), global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy. All the major markets for chips – smartphones, PCs and data centres – have shrunk… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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July 27 (Reuters) – Reels, Meta Platforms’ (META.O) answer to viral short-form video app TikTok, elicited eyerolls when it launched in 2020 and was regarded as yet another example of Meta copying a popular rival. But on Wednesday, Meta revealed numbers that show Reels videos are growing rapidly among both users and advertisers and are… Continue reading Untitled