Featured Reuters
Timing of first BoE rate cut splits economists between June and Q3 - Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) - The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those surveyed said the central bank would cut ...
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo
SAN FRANCISCO (Reuters) - Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. The ...
Dollar shaky after euro rebound; yen mired at 34-year low
By Kevin Buckland TOKYO (Reuters) - The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, hurt by a combination of surprisingly robust European activity data and cooling U.S. business growth. However the ...
LG Energy Solution to license out battery patents to block tech infringement, exec says
By Heekyong Yang SEOUL (Reuters) - LG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean company's patents surge with competition to ...
Tesla prices Model 3 performance version at $46,364 in China, to deliver from Q3
BEIJING (Reuters) - Tesla Inc has priced its latest Model 3 performance version vehicle at 335,900 yuan ($46,364.29) in China. The automaker will start delivery of the vehicle from the third quarter this year, according to a notice. ($1 = 7.2448 ...
Tesla could start selling Optimus robots by the end of next year, Musk says
By Akash Sriram (Reuters) - Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday. Several companies have been betting on humanoid robots to meet ...
Japan's corporate service inflation perks up in March
TOKYO (Reuters) - Japan's annual business-to-business service inflation accelerated for the second month to hit 2.3% in March, data showed on Wednesday, suggesting firms continued to pass on rising labour costs thanks to prospects for sustained ...
UK pay settlements edge lower in first quarter, industry survey shows
LONDON (Reuters) - British employers reached slightly lower pay settlements with staff in the three months to the end of March, although early figures for April suggest they picked up again, an industry survey showed on Wednesday. Median basic ...
Musk's X Corp appeals dismissal of lawsuit against anti-hate group
(Reuters) - Elon Musk's X appealed the dismissal of its lawsuit against the nonprofit Center for Countering Digital Hate, which faulted him for letting hate speech spread on the social media platform once known as Twitter. X filed a notice of ...
Lynas Rare Earths' revenue slumps, misses expectations
MELBOURNE (Reuters) -Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday, missing analyst expectations on the back of a plunge in prices for rare earths, while it flagged higher costs at a project in Western Australia.