By Maki Shiraki TOKYO (Reuters) – Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to people with knowledge of the automaker’s operations. The stoppages, details of which were corroborated by documents from Toyota and suppliers reviewed by Reuters, […]
Tag: sources
Exclusive-Toyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources say
By Maki Shiraki TOKYO (Reuters) – Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to people with knowledge of the automaker’s operations. The stoppages, details of which were corroborated by documents from Toyota and suppliers reviewed by Reuters, […]
Exclusive-Musk’s Neuralink has faced issues with its tiny wires for years, sources say
By Rachael Levy (Reuters) – Neuralink’s disclosure last week that tiny wires inside the brain of its first patient had pulled out of position is an issue the Elon Musk company has known about for years, according to five people familiar with the matter. The company knew from animal testing it had conducted ahead of […]
China-Gulf free trade talks stall on Saudi industrial agenda, sources say
By Alexander Cornwell DUBAI (Reuters) – Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that cheap Chinese imports could undermine its ambitions to transform the kingdom into an industrial powerhouse, sources say. Saudi Arabia has backed renewed efforts over the past two years for […]
Blackstone-led consortium eyes snacks business of India’s Haldiram’s, sources say
By M. Sriram and Aditya Kalra MUMBAI (Reuters) – A consortium including Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India’s Haldiram’s for a majority stake in its snacks business at a valuation of up to $8.5 billion, two sources with direct knowledge said. Haldiram’s, a household name […]
Ron DeSantis is planning to raise money for Donald Trump in Florida and Texas, AP sources say
FILE – Florida Gov. Ron DeSantis answers questions from the media, March 7, 2023, at the state Capitol in Tallahassee, Fla. DeSantis admits the book challenge law he enacted two years ago is causing problems for school districts. He signed a bill Tuesday, April 16, 2024, that adjusts the law that made it easy for […]
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is […]
Biden administration won’t conclude Israel violated terms of US weapons agreement, AP sources say
WASHINGTON (AP) — A soon-to-be released Biden administration report does not conclude that Israel has violated the terms for its use of U.S. weapons, according three people who have been briefed on the matter. The report is expected to be sharply critical of Israel even though it didn’t conclude that Israel violated terms of U.S.-Israel […]
Jared Kushner pitching donors on father-in-law Trump, sources say
Donald Trump’s son-in-law, Jared Kushner, has been making calls to encourage donors to attend a Trump fundraiser in New York, two sources told Reuters, in one of the first indications of Mr Kushner working to help re-elect his father-in-law. A former White House adviser to the former US president, Mr Kushner stepped away from politics […]
Biden set to impose tariffs on China electric vehicles, sources say
By Trevor Hunnicutt and Jeff Mason WASHINGTON/SAN FRANCISCO (Reuters) -U.S. President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric vehicles, according to two people familiar with the matter. The full announcement, which could take place as soon as Tuesday, is expected to largely maintain […]
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) – OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI […]
Paramount in talks to open its books to Sony, Apollo, sources say
By Dawn Chmielewski and Anirban Sen (Reuters) – Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter said on Wednesday. Advisers to both sides are discussing the terms of a confidentiality […]