By Ritvik Carvalho and Tom Wilson LONDON (Reuters) – Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world’s biggest...
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Exclusive: China’s Huawei, reeling from U.S. sanctions, plans foray into EVs – sources
By Julie Zhu and Yilei Sun HONG KONG/BEIJING (Reuters) – China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest...
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China will extend tariff exemptions for 65 U.S. products
BEIJING (Reuters) – China’s finance ministry said on Friday that it would extend tariff exemptions for 65 imported products from the United States, including logs and aircraft parts. The extension, effective on Feb. 28, will...
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Facebook switches news back on in Australia, signs content deals
By Renju Jose and Jonathan Barrett SYDNEY (Reuters) – Facebook Inc ended a one-week blackout of Australian news on its popular social media site on Friday and announced preliminary commercial agreements with three small local...
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Nissan says makes breakthrough with engine in reducing CO2 emissions
TOKYO (Reuters) – Nissan Motor Co said on Friday it has reached a breakthrough in achieving a 50% thermal efficiency with its in-development e-POWER hybrid technology, which could lead to a further reduction of car CO2 emissions....
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Analysis: Hyundai bought chips when rivals didn’t; its assembly lines are still rolling
By Joyce Lee SEOUL (Reuters) – Hyundai Motor has so far avoided a chip shortage that has plagued global automakers, largely maintaining its stockpile of chips last year and even accelerating purchases towards the end, three people...
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