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A labourer reacts as he transports a cart full of sacks at a wholesale market in the old quarters of Delhi, India, June 7, 2023.

Unemployment biggest worry in India, world's fastest growing economy: Reuters poll

Milounee Purohit |Updated 1 hour ago |3 min read

By Milounee Purohit BENGALURU (Reuters) - The biggest economic challenge for the government after the ongoing election is unemployment, according to economists polled by Reuters who expected the world's most populous country to grow a healthy ...

TikTok app logo is seen in this illustration taken, August 22, 2022.

Explainer-What happens now that US TikTok bill has been passed?

Reuters |Updated 1 hour ago |2 min read

WASHINGTON (Reuters) - The U.S. Senate on Tuesday passed legislation giving TikTok's Chinese owner, ByteDance, about nine months to divest the U.S. assets of the short-video app, or face a nationwide ban. President Joe Biden said he will to sign ...

Tesla's Model 3 is displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023.

Tesla offers zero down payments on Model 3, Model Y in China

Reuters |Updated 1 hour ago |1 min read

BEIJING (Reuters) - Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China, a notice on its social media account showed. (Reporting by Liz Lee and Beijing newsroom; Editing by Tom Hogue)

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter,  gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023.

Musk targets Australian senator, gun laws in deepening dispute over X stabbing content

ron Kaye |Updated 2 hours ago |3 min read

By Byron Kaye SYDNEY (Reuters) - Elon Musk said an Australian senator should be jailed and suggested the country's gun laws were meant to stop resistance against its "fascist government", escalating his battle over a court order to remove video ...

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019.

Oil prices inch up after data shows unexpected drop in U.S. crude stocks

Katya Golubkova |Updated 2 hours ago |2 min read

By Katya Golubkova TOKYO (Reuters) - Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, and attention ...

A tourist shelters from the rain under an Union Jack umbrella near the Bank of England in the City of London financial district in London, Britain, February 13, 2024.

Timing of first BoE rate cut splits economists between June and Q3 - Reuters poll

Shaloo Shrivastava |Updated 3 hours ago |3 min read

By Shaloo Shrivastava BENGALURU (Reuters) - The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those surveyed said the central bank would cut ...

The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019.

Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Reuters |Updated 1 hour ago |3 min read

SAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. The ...

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016.

Dollar droops, Aussie jumps after inflation data

Kevin Buckland |Updated 1 hour ago |4 min read

By Kevin Buckland TOKYO (Reuters) -The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, but the yen remained mired near 34-year lows even as Japanese officials stepped up intervention warnings. The dollar's ...

Lee Han Sun, head of LG Energy Solution intellectual property center, speaks during an interview with Reuters at the company headquarters in Seoul, South Korea, April 23, 2024.

LG Energy Solution to license out battery patents to block tech infringement, exec says

Heekyong Yang |Updated 3 hours ago |2 min read

By Heekyong Yang SEOUL (Reuters) - LG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean company's patents surge with competition to ...

A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, March 31, 2016.

Tesla prices Model 3 performance version at $46,364 in China, to deliver from Q3

Reuters |Updated 3 hours ago |1 min read

BEIJING (Reuters) - Tesla Inc has priced its latest Model 3 performance version vehicle at 335,900 yuan ($46,364.29) in China. The automaker will start delivery of the vehicle from the third quarter this year, according to a notice. ($1 = 7.2448 ...

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