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
WASHINGTON, May 23 (Reuters) – The U.S. Commerce Department is expected to impose trade restrictions on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing earlier this week banned the sale of certain chips by U.S. firm Micron Technology Inc (MU.O), the chairman of the U.S. House of Representatives China Committee said on Tuesday. … Read more
May 23 (Reuters) – Shutterstock Inc (SSTK.N) said on Tuesday it would buy motion-picture platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash, months after that the Facebook owner has agreed to divest the company over competition concerns. Last year, the UK competition regulator ordered Meta to sell Giphy over concerns … Read more
Child sex abuse convictions ended 50-year career The artist was imprisoned and stripped of his honors Harris was a household name in Britain and Australia LONDON, May 23 (Reuters) – Rolf Harris, a mainstay of family entertainment in Britain and Australia for more than 50 years before his career fell out of favor with his … Read more
Deal increases Chevron’s production by 240,000 barrels per day The company will raise its outlook for capital expenditure on purchase Chevron shares fall 1%, PDC Energy gains 8% May 22 (Reuters) – Chevron Corp (CVX.N) said on Monday it was increasing its oil and gas footprint in the United States by acquiring shale producer PDC … Read more
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
(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
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
CHICAGO, May 19 (Reuters) – American Airlines (AAL.O) pilots have agreed in principle to a new contract that will raise their wages by 21% in 2023, sources told Reuters on Friday , ahead of a busy summer season, after years of negotiations with the largest US carrier. The Allied Pilots Association (APA), which represents more … Read more
HONG KONG/SHANGHAI, May 19 (Reuters) – Some Hong Kong-based employees of U.S. consultancy Mintz Group left the city after the firm’s Beijing office was raided by Chinese police in March, according to two sources with direct knowledge of the case. Investigations by Chinese authorities into Mintz, as well as US management consultancy Bain & Co … Read more
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