Tesla’s China-made EV sales fall 15% y/y in May
BEIJING (Reuters) -A decline in Tesla’s China-made electric vehicle sales extended to an eighth month in May, as the U.S….
Business
US court extends deadline for improved bids in Citgo parent’s auction
HOUSTON (Reuters) – A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares…
Exclusive-Car makers warn China’s rare-earth curbs could halt production
By David Shepardson and Michael Martina WASHINGTON (Reuters) -Global auto executives are sounding the alarm on an impending shortage of…
Enterprise Products says its China exports could fall due to license requirement
HOUSTON (Reuters) -Enterprise Products Partners on Thursday said its ethane and butane exports could be hurt by a U.S. Department…
Xiaomi’s Tesla Y rival YU7 hits showrooms in Beijing
By Qiaoyi Li and Alessandro Diviggiano BEIJING (Reuters) -Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday,…
OpenAI CFO says new structure opens door for potential IPO
By Conor Humphries DUBLIN (Reuters) -OpenAI’s restructuring plans position it for a potential future IPO, but any such decision would…
Nissan plans $7 billion funding, including loan backed by UK government, Bloomberg News says
TOKYO (Reuters) -Japan’s struggling Nissan is considering raising more than 1 trillion yen ($7 billion) from debt and asset sales…
Informatica explores sale again, Salesforce among suitors
(Reuters) -Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the…
Musk says he’ll resume working ’24/7′ at his companies, X outage mostly restored
(Reuters) – Elon Musk’s social media platform X was largely restored for most users after an outage that impacted tens…
Exclusive-Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say
By Liam Mo and Fanny Potkin BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a…