By Mike Spector and Dan Levine Tesla Inc is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The U.S. Department of Justice launched the…
Boeing sees a long road to recovery after heavy losses in defense business
By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -Boeing Co on Wednesday warned its recovery from a crippling safety and economic crisis would take longer than expected after taking a $2.8-billion hit on loss-making defense contracts, sending i…
Apple’s holiday quarter may face pressure from inflation, weak China demand
By Nivedita Balu and Aditya Soni (Reuters) – Apple Inc’s earnings report on Thursday may show the best quarterly sales growth for iPhones this year but it could still foreshadow a difficult holiday period as China demand slows and inflation hits multi-…
UK’s Sunak prefers a negotiated outcome on N. Ireland trade -spokeswoman
LONDON (Reuters) – British Prime Minister Rishi Sunak told his Irish counterpart Micheal Martin his preference was for a negotiated solution to a dispute with the European Union over post-Brexit trade with Northern Ireland, a Downing Street spokeswoman…
LNG ships play waiting game off Spain’s coast as higher prices eyed
By Belén Carreño and Marwa Rashad MADRID/LONDON (Reuters) – Several ships carrying liquefied natural gas (LNG) anchored off Spain’s Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sou…
EU looks forward to work with UK on Ukraine crisis, climate change, von der Leyen says
(Reuters) – European Commission President Ursula von der Leyen said on Wednesday she spoke with new British Prime Minister Rishi Sunak and is looking forward to working on issues such as Russia’s war on Ukraine and climate change. The bloc is also work…
Over 1,150 migrants rescued off Italy as new govt mulls ban on 2 NGO ships
By Angelo Amante and Alvise Armellini ROME (Reuters) – Two migrants were found dead and more than 1,150 were rescued off Sicily, the coast guard said on Wednesday, as the new nationalist government in Rome threatened to prevent two refugee boats run by…
Intel’s Mobileye unit valued at $22 billion as shares cruise higher
(Reuters) -Shares of Mobileye Global Inc are up 30% in early afternoon trading on Wednesday following its U.S. debut, valuing the self-driving technology unit of Intel Corp at $21.8 billion as investors lapped up what could be the last major IPO of 202…
Italy’s Meloni pledges arms for Ukraine, Berlusconi toes line
By Gavin Jones and Angelo Amante ROME (Reuters) -The only way to facilitate a peace deal between Russia and Ukraine is helping Kyiv to defend itself militarily, Italian Prime Minister Giorgia Meloni told parliament on Wednesday. “Peace can be achieved …
Britain calls on Iran to release environmentalist Morad Tahbaz
LONDON (Reuters) – The British government on Wednesday called on Iran to release environmentalist Morad Tahbaz, an Iranian-American who also holds British citizenship, after his family said he had been returned to prison. Tahbaz was arrested in 2018 an…