Dubai World Trade Centre to set up specialised crypto zone

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/File Photo DUBAI, Dec 20 (Reuters) – The Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for cryptocurrencies and other virtual assets, the Dubai Media Office said on Monday, part… Continue reading Dubai World Trade Centre to set up specialised crypto zone

Tesla’s Musk says he will pay over $11 bln in taxes this year

By Reuters Staff 1 Min Read FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo (Reuters) – Electric-car maker Tesla Inc’s Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this… Continue reading Tesla’s Musk says he will pay over $11 bln in taxes this year

Tesla’s Musk says he will pay over $11 billion in taxes this year

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Dec 19 (Reuters) – Electric-car maker Tesla Inc’s (TSLA.O) Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this year. Earlier this week, Democratic… Continue reading Tesla’s Musk says he will pay over $11 billion in taxes this year

Google’s YouTube TV reaches deal to restore access to Disney channels

YouTube app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Dec 19 (Reuters) – Alphabet Inc’s (GOOGL.O) YouTube began restoring access to Walt Disney Co (DIS.N) channels on its platform on Sunday, after the companies reached a distribution agreement… Continue reading Google’s YouTube TV reaches deal to restore access to Disney channels

Biden electric vehicle push hits setback in U.S Senate

U.S. President Joe Biden visits the production line for the Hummer EV as he tours the General Motors ‘Factory ZERO’ electric vehicle assembly plant, next to UAW President Ray Curry and General Motors CEO Mary Barra, in Detroit, Michigan, U.S. November 17, 2021. REUTERS/Jonathan Ernst/File Photo Register now for FREE unlimited access to Reuters.com Register… Continue reading Biden electric vehicle push hits setback in U.S Senate

EXCLUSIVE Apple seeks dismissal of India apps market antitrust case, cites tiny market share

A salesperson speaks to a customer at an Apple reseller store in Mumbai, India September 1, 2021. REUTERS/Francis Mascarenhas/File Photo Register now for FREE unlimited access to Reuters.com Register Apple wants India antitrust case to be quashed-filing U.S. giant describes complaint against company as “proxy filing” Company argues its in-app fee system is not excessive… Continue reading EXCLUSIVE Apple seeks dismissal of India apps market antitrust case, cites tiny market share

Bidding race on for Vertical Aerospace eVTOL plant as shares debut

Dec 17 (Reuters) – As the flying taxi market takes off, the race is on to decide where the future vehicles will be built with one of the backers of newly listed Vertical Aerospace – Irish leasing boss Domhnal Slattery – pushing for a manufacturing base in Ireland. Shares in the electric vertical takeoff and… Continue reading Bidding race on for Vertical Aerospace eVTOL plant as shares debut

Indexes mixed as Wall Street heads for a weekly loss

Fed to end bond purchases, signals rate hikes in 2022 Eight of 11 S&P 500 sector indexes rise; tech falls Lennar slips on missing quarterly profit Indexes: Dow +0.13%, S&P 500 -0.73%, Nasdaq -2.43% Dec 16 (Reuters) – The Nasdaq tumbled on Thursday in a mixed day on Wall Street as the Federal Reserve’s announcement… Continue reading Indexes mixed as Wall Street heads for a weekly loss

Tesla faces investor lawsuit over Musk tweets on 10% stock sales

San Francisco, Dec 14 (Reuters) – Tesla Inc (TSLA.O) was hit by a lawsuit over CEO Elon Musk’s social media posts including his Twitter poll on stock sales that pulled down its stock prices. Tesla investor David Wagner called for access to internal documents to investigate whether Tesla and Musk violated an agreement with the… Continue reading Tesla faces investor lawsuit over Musk tweets on 10% stock sales

Rivian warns supply issues to hit production, shares drop to record low

A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Dec 17 (Reuters) – Rivian Automotive Inc (RIVN.O) shares sunk nearly… Continue reading Rivian warns supply issues to hit production, shares drop to record low