Apr 14, 2023
Ferrari has record orders “well into” 2024, chairman says

MILAN (Reuters) -Ferrari has a record order book for its models spanning into next year, Chairman John Elkann told the sports car maker's shareholders on Friday. Elkann said the Italian company's two latest models, the 296 GTS plug-in hybrid car…

Apr 13, 2023
Apple to use only recycled cobalt in batteries by 2025

(Reuters) -Apple Inc said on Thursday it would use only recycled cobalt in batteries by 2025 as a part of its efforts to make all its products carbon neutral by the end of the decade. Magnets in Apple devices will…

Apr 12, 2023
Several Fed officials considered rate pause in March, minutes show

By Howard Schneider WASHINGTON (Reuters) -Several Federal Reserve policymakers last month considered pausing interest rate increases after the failure of two regional banks and a forecast from Fed staff that banking sector stress would tip the economy into recession. But…

Apr 10, 2023
Global PC shipments slide in Q1 as Apple takes biggest hit

(Reuters) -Global shipments of personal computers slumped by nearly a third in the first quarter of 2023, with Apple Inc dropping the most among the market heavyweights as the industry struggles with a post-pandemic slowdown in consumer spending. In separate…

Apr 06, 2023
Dominion Energy, National Grid pursuing pipeline sales – WSJ

(Reuters) -Utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Dominion is mulling a…

Apr 06, 2023
Meta releases AI model that can identify items within images

By Katie Paul (Reuters) - Facebook-owner Meta published an artificial intelligence model on Wednesday that can pick out individual objects from within an image, along with a dataset of image annotations that it said was the largest ever of its…

Apr 04, 2023
Germany starts fine proceedings against Twitter over user complaints

BERLIN (Reuters) -Germany's federal office of justice has started proceedings to fine Twitter, accusing the social media company of mishandling user complaints over "illegal" content, a statement said on Tuesday. Several instances of content published on Twitter were reported to…

Apr 03, 2023
Cineworld drops major sale plan, proposes new debt deal

(Reuters) -Cineworld has scrapped plans to sell its U.S., UK and Ireland businesses after failing to find a buyer, the cinema chain operator said on Monday, as it proposed a new debt restructuring plan. The world's second-largest cinema chain operator…

Apr 01, 2023
US unveils stricter EV tax credit rules, effective April 18

By David Shepardson and David Lawder WASHINGTON (Reuters) -The U.S. Treasury Department unveiled stricter electric vehicle tax rules on Friday that will reduce or remove tax credits on some zero-emission models but grant buyers another two weeks before the new…

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