Jul 20, 2022
Tesla braces for earnings hit, but EV delivery outlook is key

(This July 19 story corrects timeframe in fifth paragraph from "a year ago" to "a quarter ago") By Hyunjoo Jin and Nivedita Balu (Reuters) - Tesla Inc's second-quarter results on Wednesday are expected to show the strains of China's COVID-19…

Jul 19, 2022
Cryptoverse: Holding your breath for a bitcoin bounce

By Lisa Pauline Mattackal and Medha Singh (Reuters) - If you're waiting for a bitcoin recovery, you may have to sweat it out for months. That's the conclusion of some technical specialists seeking method from the madness. Bitcoin's slide since…

Jul 06, 2022
Factbox-Crypto lenders run into difficulties

(Reuters) - Crypto lenders, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a global risk-off sentiment. Below are some of the…

Jul 01, 2022
Chip stocks hammered as Micron forecast signals waning demand

By Sayantani Ghosh (Reuters) - A handful of chipmakers including Micron and AMD have signaled waning demand as red-hot inflation squeezes spending, even as it eases a two-year global semiconductor shortage that has hit production of everything from cars to…

Jun 24, 2022
Reading the market tea-leaves for global recession risks

By Dhara Ranasinghe, Sujata Rao and Yoruk Bahceli LONDON (Reuters) - The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market moves and data to gauge whether the world economy is headed for recession. Business…

Jun 17, 2022
Sony, Honda sign JV to sell electric cars by 2025

(Reuters) - Japan's Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025. Honda, like bigger rival Toyota Motor, has been slower to shift to electric vehicles (EV)…

Jun 15, 2022
Global tech on edge as WTO weighs e-commerce tariffs

By Philip Blenkinsop and Emma Farge GENEVA (Reuters) -The global technology industry is pressing the World Trade Organization to exempt data flows from cross-border tariffs, saying a failure to do so would undermine a global recovery already threatened by spiralling…