BERLIN, Feb 22 (Reuters) – Tesla Inc (TSLA.O) has begun assembling batteries in Germany but will focus cell production in the U.S. in light of Inflation Reduction Act tax incentives, a spokesperson said, one of the first firms to declare a strategy shift prompted by the package. The U.S. electric-vehicle maker is also preparing to… Continue reading Tesla scales back German battery plans, won over by U.S. incentives, article with image
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Dutch watchdog decides against fine after Tesla alters security cameras, article with image
AMSTERDAM, Feb 22 (Reuters) – The Dutch personal data watchdog said on Wednesday it would not fine Tesla Inc. (TSLA.O) over possible privacy violations after the U.S. carmaker made changes to vehicle security cameras. Tesla uses such cameras in its cars to help owners protect them against theft or vandalism, but the Dutch Data Protection… Continue reading Dutch watchdog decides against fine after Tesla alters security cameras, article with image
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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
Bumper merger savings help Stellantis profit top forecast, article with gallery
Summary Companies Adj EBIT rose 17% in H2 to 10.949 bln euros FY margin on adj. EBIT at 13% Co announced 1.34 euro per share dividend To launch 1.5 bln euro buyback program Guided for double digit margin, positive cash in 2023 MILAN, Feb 22 (Reuters) – Carmaker Stellantis (STLAM.MI) beat forecasts on Wednesday with… Continue reading Bumper merger savings help Stellantis profit top forecast, 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
Toyota to accept full union demand for wage hike – sources, article with image
TOKYO, Feb 22 (Reuters) – Toyota Motor Corp (7203.T), the world’s biggest automaker, will accept a union demand for a rise in wages and bonus payments in full, two people familiar with the matter said on Wednesday, as Japan steps up calls for businesses to hike pay. As one of Japan’s biggest employers, Toyota has… Continue reading Toyota to accept full union demand for wage hike – sources, article with image
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Feb 21 (Reuters) – Coinbase Global Inc (COIN.O) reported a loss for the fourth quarter on Tuesday, as trading volumes at the cryptocurrency exchange came under pressure from an industry-wide downturn triggered by a string of high-profile bankruptcies. Shares in Coinbase, which lost roughly 86% of their value in 2022, were down about 2% in… Continue reading Untitled
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Feb 21 (Reuters) – Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc (AMZN.O), on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to carry out artificial intelligence work (AI) in Amazon’s cloud. While new generative AI services like chat-based search engines from Microsoft… 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