STORY: China’s BYD saw sales accelerate by just over a fifth in the second-quarter. It helped the electric vehicle maker close the gap with rival Tesla for the title of world’s top EV seller. BYD sold slightly over 426,000 EVs in the April to June quarter, according to Reuters calculations. That’s around 12,000 fewer than […]
The push for responsible transportation continues. While traditional vehicles have been found to cause sickness and reduce air quality, electric vehicles produce no planet-warming gases. This helps to reduce air pollution and its effect on community health. Data shows that most people who buy EVs are very happy with their purchase, and thanks to EV […]
(Bloomberg) — South Africa’s newly formed government must accelerate the pace of reform to help improve the business environment and attract investment, President Cyril Ramaphosa said. Most Read from Bloomberg Ten political parties signed up to join a broad alliance that will govern the country, after elections last month failed to produce an outright winner. […]
(Bloomberg) — Dell Technologies Inc. shares have been acting like market-leader Nvidia Corp. of late, and investors are betting the company will see a similar boost from artificial intelligence. Most Read from Bloomberg The maker of personal computers and servers has emerged as one of the biggest winners of the AI boom, and this narrative […]
(Bloomberg) — Dell Technologies Inc. shares have been acting like market-leader Nvidia Corp. of late, and investors are betting the company will see a similar boost from artificial intelligence. Most Read from Bloomberg The maker of personal computers and servers has emerged as one of the biggest winners of the AI boom, and this narrative […]
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market. Though the report from the National Association of Realtors on Wednesday showed inventory increasing last month to a 2-1/2-year high entry-level homes remained scarce, […]
A conservative organization is urging a federal judge to speed up a court battle over access to audio recordings of five hours of interviews President Joe Biden had with a special prosecutor who later chose not to recommend criminal charges over allegations Biden mishandled classified information. Lawyers for the Heritage Foundation argue in a new […]
Chinese e-commerce giant JD.com (JD) reported better-than-expected first quarter sales and earnings Tuesday. U.S.-listed JD stock gained in early trading. X The Beijing-based JD reported adjusted earnings of 5.65 Chinese yuan (78 cents) per American depositary share on sales of 260 billion yuan ($36 billion) for the March-ending quarter. Both numbers bested the 4.67 yuan […]
WASHINGTON (Reuters) -The United States and Japan announced a joint partnership to accelerate development and commercialization of nuclear fusion, the U.S. Department of Energy said on Wednesday. The partnership was announced as Japanese Prime Minister Fumio Kishida was in Washington for a summit with President Joe Biden. U.S. Deputy Secretary of Energy David Turk and […]
Officials in Hawaii will open a new office next month to speed up the process of obtaining building permits in Maui County to assist in the recovery for Lahaina after last year’s deadly wildfires. County deputy managing director Keanu Lau Hee told a community meeting in Lahaina that a County Expedited Permitting Centre will open […]
By Michael Erman NEW YORK (Reuters) -The U.S. government said on Tuesday that it will accelerate Medicare and Medicaid payments to some hospitals hurt by the hack at UnitedHealth’s technology unit Change Healthcare. Still, U.S. doctors’ group the American Medical Association (AMA) said the support did not go far enough to protect individual physician practices […]
Jim Ratcliffe says Manchester United’s journey back to the top of world football starts now after completing his deal to become minority owner of the Premier League giants. A year and three months after the club announced a strategic review, and 58 days after a deal was struck, there is finally a new power structure […]