HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the third quarter compared with a year earlier, helped by lower costs for materials and ramped-up production volumes. The Haiphong, Vietnam-based company delivered 44,773 cars in the first nine months of 2024, more than 55% of…
(Reuters) – Officials from Mexico, Canada and China warned U.S. President-elect Donald Trump’s threat of imposing hefty tariffs on goods from the three largest U.S. trading partners would harm the economies of all involved and would risk aggravating inflation and damaging job markets. In their initial round of responses to Trump’s surprise announcement on Monday…
By Sarah Morland MEXICO CITY (Reuters) – Financial analysts on Tuesday reacted to a threat from U.S. President-elect Donald Trump to impose 25% tariffs on top trade partners Mexico and Canada when he takes office for a second term in January in a move that could trigger a trade war. Mexico is the country’s top…
(Reuters) – Orange will enlist OpenAI and Meta to fine-tune AI Large Language Models (LLMs) to translate regional African languages for the French telecoms operator, it said on Tuesday. The project is slated to start in the first half of 2025 and will initially focus on incorporating regional languages spoken in West Africa into OpenAI’s…
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with…
By Stephen Nellis (Reuters) – Nvidia on Monday showed a new artificial intelligence model for generating music and audio that can modify voices and generate novel sounds – technology aimed at the producers of music, films and video games. Nvidia, the world’s biggest supplier of chips and software used to create AI systems, said it…
By David Shepardson WASHINGTON (Reuters) – Tesla generated nearly 34 million metric tons of greenhouse gas credits in the 2023 model year by selling electric vehicles, as the auto industry racked up significant credit deficits in the face of more stringent emissions standards. In a report first seen by Reuters, the Environmental Protection Agency said…
By Jonathan Stempel (Reuters) -Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has made further preparations for giving away his fortune after his death. Buffett, 94, plans to donate 99.5% of his remaining wealth, valued on Friday at $149.7 billion according to Forbes magazine, to a charitable trust overseen by his daughter and…
Chinese hackers are positioning themselves in U.S. critical infrastructure in the event of a clash with the United States, a top American cybersecurity official said on Friday. Morgan Adamski, the executive director of U.S. Cyber Command, said ongoing Chinese-linked cyber operations are aimed at gaining “an advantage in the event of a major crisis or…
By Anastasia Teterevleva and Maxim Rodionov MOSCOW (Reuters) – President Vladimir Putin said on Friday that Russia would keep testing its new Oreshnik hypersonic missile in combat and had a stock ready for use. Putin was speaking a day after Russia fired the new intermediate-range weapon into Ukraine for the first time, a step he…
