(Reuters) -Porsche AG posted a record year-on-year sales increase of 18% in the first quarter, boosted by China sales, the company said on Monday. The German luxury carmaker delivered 21,365 cars in China, its largest single market, representing 21% growth…
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…
(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…
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…
By Ernest Scheyder (Reuters) -General Motors Co on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the car maker to ensure long-term supplies of the metal…
(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…
(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…
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…
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…
(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…
