By Amir Orusov and Nick Carey (Reuters) -Tesla’s sales dropped for the fifth straight month in Britain, Germany and Italy…
Category: Business
US senators press antitrust enforcers over Rocket-Redfin deal
By Jody Godoy (Reuters) -A group of U.S. Senators have demanded that federal antitrust enforcers explain why they did not…
TSMC says US tariffs have some impact but AI demand robust
By Wen-Yee Lee HSINCHU, Taiwan (Reuters) -Taiwan’s TSMC said on Tuesday that U.S. tariffs were having some impact on the…
Diplomats, automakers push Beijing to loosen rare earth magnet export restrictions
By Laurie Chen and Aditi Shah BEIJING/NEW DELHI (Reuters) – Diplomats, automakers and other executives from India, Japan and Europe…
Retailer Temu’s daily US users halve following end of ‘de minimis’ loophole
By Casey Hall, Arriana McLymore SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell…
Disney laying off several hundred in film, TV, finance
(Reuters) -Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar…
Mattel is combining film and television units to create Mattel Studios
(Fixes misspelling in paragraph 5 on Margot) By Danielle Broadway LOS ANGELES (Reuters) -Toy maker Mattel is combining its film…
Exxon says it is confident it will win dispute over Chevron-Hess deal
HOUSTON (Reuters) -The arbitration proceedings in Exxon Mobil’s contractual dispute over Chevron’s planned acquisition of Hess concluded this week and…
OPEC+ may discuss 2027 baselines and agree July hike this week, sources say
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ may discuss issues around its baselines for 2027 production…
Databricks competitor Chalk raises $50 million series A
By Anna Tong SAN FRANCISCO (Reuters) -Artificial intelligence infrastructure startup Chalk said Wednesday it had raised a $50 million Series…