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DETROIT, Jan 27 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports utility vehicles (SUVs). Now, the Detroit rivals must convince investors that last year’s profit formula can keep working when costs for EV batteries are… Continue reading Gallery

Technology Category

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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LONDON, Jan 27 (Reuters) – An era of breathtaking palladium rallies is likely to be ending, analysts said, as rising supply and stagnant demand erode prices of the metal used to neutralise vehicle exhaust emissions. Palladium , once the cheapest major precious metal, rocketed from less than $500 an ounce in 2016 to above $3,400… Continue reading Untitled

Stumbling Intel, seeing AMD gain ground, says it will recover balance, article with image

OAKLAND, Calif/BANGALORE, Jan 27 (Reuters) – Microprocessor giant Intel Corp (INTC.O) has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year. The company shocked the market on Thursday with a revenue outlook that was behind Wall Street estimates by about… Continue reading Stumbling Intel, seeing AMD gain ground, says it will recover balance, article with image

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

Japan, Netherlands to join U.S. in restricting chip equipment exports to China-Bloomberg, article with image

TOKYO, Jan 27 (Reuters) – Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported. Talks between the countries will conclude as early as Friday, with the Netherlands restricting ASML Holding NV (ASML.AS) from selling machines to China used to make… Continue reading Japan, Netherlands to join U.S. in restricting chip equipment exports to China-Bloomberg, article with image

Legalcategory

–  New research suggests ChatGPT cannot yet outscore most law students on exams, but it can eke out a passing grade.  –  A former Paul, Weiss, Rifkind, Wharton & Garrison litigation partner Julia Tarver Mason Wood is part of the DOJ team that is suing Google over alleged digital advertising abuses.   –  Jones Day hired… Continue reading Legalcategory

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Summary Companies Sees limited impact on battery prices from drop in EV prices Sees demand for U.S.-made batteries continuing to grow In talks with Tesla, other EVs to supply batteries from proposed Arizona plant SEOUL, Jan 27 (Reuters) – Battery maker LG Energy Solution (LGES) (373220.KS) said on Friday demand for electric vehicle (EV) batteries… 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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MUMBAI, Jan 27 (Reuters) – Indian banks’ exposure to the Adani Group is within manageable limits, said brokerage houses CLSA and Jefferies, as the group fend off an attack from well-known short-seller Hindenburg Research. The U.S. short-seller said it held short positions in the Indian conglomerate, accusing it of improper use of offshore tax havens… Continue reading Untitled