Vietnam’s VinFast recalls first batch of EVs bound for US due to safety risk

Vietnam’s VinFast recalls first batch of EVs bound for US due to safety risk

HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more

AAArrgg! Stocks in debt ceiling danger zone after US rating warning

AAArrgg!  Stocks in debt ceiling danger zone after US rating warning

(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more

Ford will charge its electric car with a multitude of battery offers

Ford will charge its electric car with a multitude of battery offers

May 22 (Reuters) – Ford Motor Co (FN) unveiled new battery-grade lithium supply deals on Monday as the U.S. automaker aims to meet its goal of producing 2 million electric vehicles by 2026 and to close the gap with market leader Tesla Inc. (TSLA.O). Ford is hosting an investor event on Monday explaining how it … Read more

Markets pissed off as US debt ceiling nears critical moment

Markets pissed off as US debt ceiling nears critical moment

Asian scholarships: S&P 500 futures down 0.1%, Japanese Nikkei flat US debt ceiling talks to resume after deadlock Powell less warmongering than feared; Yellen warns against further bank mergers G7 to reduce trade dependency on China, Beijing partially bans Micron SYDNEY, May 22 (Reuters) – Asian stocks and Wall Street futures struggled on Monday as … Read more