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

Japanese Mizuho expands into US banking with $550m deal with Greenhill

Japanese Mizuho expands into US banking with 0m deal with Greenhill

May 22 (Reuters) – Mizuho Financial Group Inc is to buy U.S. mergers and acquisitions advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday. as Japan’s third-largest lender eyes a bigger share of the world’s largest investment banking fee pool. Greenhill shares more than doubled to close at … Read more

Novo Nordisk, Pfizer diet pills work just as well as injections

Novo Nordisk, Pfizer diet pills work just as well as injections

COPENHAGEN, May 22 (Reuters) – Novo Nordisk (NOVOb.CO) and Pfizer Inc (PFE.N) released data separately on Monday showing that pills in the same class as Novo’s increasingly popular diet drugs, such as than Wegovy, are about as effective as these injected drugs, giving a boost to both companies’ stocks. Novo Nordisk said data from a … 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

The G7 calls for the development of global technical standards for AI

The G7 calls for the development of global technical standards for AI

TOKYO, May 20 (Reuters) – Leaders of the Group of Seven (G7) countries on Saturday called for the development and adoption of technical standards to keep artificial intelligence (AI) “trustworthy”, saying the governance of technology has not kept pace with its growth. While G7 leaders, meeting in Hiroshima, Japan, acknowledged that approaches to achieving “the … Read more

Adidas will donate Yeezy proceeds to the Anti-Defamation League and other NGOs

Adidas will donate Yeezy proceeds to the Anti-Defamation League and other NGOs

(1/4) Rapper Kanye West talks on the phone before attending the Versace presentation in New York, U.S., December 2, 2018. REUTERS/Allison Joyce FRANKFURT, May 19 (Reuters) – Adidas will start selling some of the shoes from its former Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and … Read more

Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander

Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander

WASHINGTON, May 19 (Reuters) – A team led by Jeff Bezos’ Blue Origin has won a coveted $3.4 billion contract with NASA to build a spacecraft to fly astronauts to and from Earth. surface of the Moon, the US space agency announced on Friday. company two years after losing to Elon Musk’s SpaceX in another … Read more