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LONDON, March 13 (Reuters) – Major cryptocurrencies stabilised on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar. U.S. authorities launched emergency measures on Sunday to shore up confidence in the… Continue reading Untitled

Porsche CEO: There is no conflict between e-mobility and e-fuels, article with image

WOLFSBURG, March 13 (Reuters) – Porsche (P911_p.DE) CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there was no conflict between electrification and building out e-fuel production during a press call on Monday following the carmaker’s results. Porsche is the strongest advocate for e-fuels as a carbon-free way of driving combustion engine… Continue reading Porsche CEO: There is no conflict between e-mobility and e-fuels, article with image

Stellantis in talks to assemble electric cars in Spain, Cinco Dias reports, article with image

MADRID, March 13 (Reuters) – Stellantis (STLAM.MI) is in talks with the Spanish government regarding the production of small electric vehicles in the country, newspaper Cinco Dias reported on Monday citing unidentified sources at the Industry Ministry and the carmaker. The company is negotiating with the government conditions of state aid to be granted to… Continue reading Stellantis in talks to assemble electric cars in Spain, Cinco Dias reports, article with image

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MUMBAI, March 12 (Reuters) – India’s state minister for technology said on Sunday he will meet start-ups this week to asses the impact on them of Silicon Valley Bank’s (SIVB.O) collapse, as concerns rise about the fallout for the Indian start-up sector. California banking regulators shut down Silicon Valley Bank on Friday after the a… Continue reading Untitled

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March 11 (Reuters) – Facebook-parent Meta Platforms Inc (META.O) said on Saturday that it would end availability of news content for Canadians on its platforms if the country’s Online News Act passes in its current form. The “Online News Act,” or House of Commons bill C-18, introduced in April last year laid out rules to… Continue reading Untitled

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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

Elon Musk exercises options to acquire 10,500 Tesla shares, article with image

March 10 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday. (This story has been corrected to say that Musk has exercised option to buy Tesla shares and removes reference to $50,000 in headline and paragraph 1)… Continue reading Elon Musk exercises options to acquire 10,500 Tesla shares, article with image

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WASHINGTON, March 10 (Reuters) – Ford Motor Co (F.N) said on Friday it was on track to resume production of F-150 Lightning vehicles on Monday after the No. 2 U.S. automaker recalled 18 electric trucks due to a battery cell manufacturing defect. The recall announced Friday stemmed from production over a four-week period starting at… Continue reading Untitled

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March 10 (Reuters) – The Biden administration is working to further tighten restrictions on exporting semiconductor manufacturing gear to China, Bloomberg News reported on Friday citing people familiar with the situation. The government has briefed U.S. companies about the plan and told them it expects to announce the restrictions as early as next month, the… 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