Stellantis to launch fleet of EVs fitted with Factorial solid-state batteries
MILAN (Reuters) – Carmaker Stellantis will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S….
Business
Amazon sets ultra-low pricing plans for Temu rival store, The Information reports
(Reuters) – Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost…
BlackRock taps into AI frenzy with two new ETFs
(Reuters) – Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to…
Starboard Value CEO says Pfizer’s board should hold management accountable
By Michael Erman and Svea Herbst-Bayliss NEW YORK (Reuters) – Activist hedge fund Starboard Value’s chief investment officer Jeffrey Smith…
Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the…
U.S. to soon curb AI investment in China
By Karen Freifeld (Reuters) – U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under…
US set to award Hemlock Semiconductor $325 million for polysilicon production
By David Shepardson (Reuters) – The U.S. Commerce Department said Monday it plans to award $325 million to Hemlock Semiconductor…
Eutelsat uses SpaceX rocket to launch first satellites after merger
By Supantha Mukherjee STOCKHOLM (Reuters) – Eutelsat, the world’s third-biggest satellite operator by revenue, launched 20 satellites for its communications…
Boeing exploring asset sales to boost finances, WSJ reports
(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or…
Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
By Allison Lampert and Mike Stone (Reuters) – Spirit AeroSystems will tell employees on Friday that it will furlough 700…