Google begins direct online sales of Pixel phones in India
The new Pixel 9 smartphone series is displayed at a Made by Google event in Mountain View, California, U.S., August 13, 2024. REUTERS May 29 (Reuters) – Google on Thursday began direct online sales of its popular hardware devices in India, including Pixel phones, watches, and earbuds, ahead of an anticipated launch of its first […]
Big BYD dealer in eastern China goes out of business, local media reports
People visit the BYD booth during a media day for the Auto Shanghai show in Shanghai, China April 23, 2025. REUTERS/Go Nakamura/File Photo Purchase Licensing Rights The logo of BYD is pictured on an electric car at a dealership in Reze near Nantes, France, March 27, 2025. REUTERS SHANGHAI, May 29 (Reuters) – A large dealer of […]
Toyota global output, sales rise for the fourth straight month in April
A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS Companies Toyota Motor Corp Follow TOKYO, May 29 (Reuters) – Toyota said on Thursday its worldwide output and sales rose for a fourth consecutive month in April on strong demand for hybrid vehicles and […]
Markets ask how soon Nippon Steel will benefit from $15 billion bid for U.S. Steel
A production line of a plate rolling mill is pictured at Nippon Steel’s East Nippon Works Kimitsu Area plant in Kimitsu, east of Tokyo, Japan May 26, 2025. REUTERS TOKYO, May 29 (Reuters) – Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel backed but not yet approved by […]
Stocks, dollar rally as Trump tariffs hit court hurdle
SYDNEY, May 29 (Reuters) – Asian shares and Wall Street futures jumped in Asia on Thursday after a U.S. federal court blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, sending the dollar up on safe haven currencies. The little-known Manhattan-based Court of International Trade ruled that Trump overstepped his authority by imposing across-the-board duties on imports […]
Nvidia shares rise as sales hit from China export curbs not as bad as feared
The NVIDIA logo is displayed on a building in Taipei, Taiwan April 16, 2025. REUTERS A smartphone with a displayed Nvidia logo is placed on a computer motherboard in this illustration created on March 6, 2023. REUTERS May 28 (Reuters) – Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs […]
Shares of China’s Xiaomi set to rise 2.3% after reporting record profit
Visitors walk past a Xiaomi logo at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS Companies Xiaomi Corp Follow HONG KONG, May 28 (Reuters) – Shares of China’s Xiaomi (1810.HK), were set to rise 2.3% on Wednesday after it reported a record first-quarter revenue and profit and […]
GM to invest $888 million for engine production at New York facility
Vehicles of automobile brands belonging to General Motors Company are seen at a car dealership in Queens, New York, U.S., November 16, 2021. REUTERS The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS DETROIT, (Reuters) […]
Demand at 40-year JGB auction sinks to lowest since July
A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 9, 2016. Picture taken with slow shutter speed. REUTERS TOKYO, May 28 (Reuters) – Demand at an auction of 40-year Japanese government bonds on Wednesday fell to the lowest since July, amid a selloff in so-called super-long debt this […]
US business spending on equipment softening as tariff uncertainty persists
A worker (L) stands inside a 777 fuselage as a machine works on the outside at the Fuselage Automated Upright Build (FAUB) and mid bodies area at Boeing’s production facility in Everett, Washington, U.S. June 1, 2017. Picture taken June 1, 2017. REUTERS A worker welds a steel tube at HCC, a company that […]