Musk outlines Tesla’s recession playbook: claw again prices

Jan 26 (Reuters) – Elon Musk has a playbook for Tesla (TSLA.O) headed into what he believes shall be a “severe” recession: reduce prices on every part from components to logistics, whereas protecting the strain on rivals with discounted sticker costs. In a convention name to debate Tesla’s fourth-quarter outcomes, Musk and different executives outlined … Read more

Microsoft faces EU antitrust warning over Activision deal – sources

BRUSSELS, Jan 16 (Reuters) – Microsoft (MSFT.O) is more likely to obtain an EU antitrust warning about its $69 billion bid for “Name of Obligation” maker Activision Blizzard (ATVI.O), folks acquainted with the matter stated, that might pose one other problem to finishing the deal. The European Fee is readying a cost sheet referred to … Read more

Sony, Honda roll out prototype of ‘Afeela’ EV that makes use of Qualcomm tech

Jan 4 (Reuters) – Japan’s Sony (6758.T) on Wednesday unveiled a prototype of the brand new “Afeela” electrical autos it’s going to construct along with Honda (7267.T), saying it will harness its huge leisure content material because it appears to develop into a participant in next-generation vehicles. Sony gave a glimpse of the Afeela, which … Read more

China races to put in hospital beds as COVID surge sparks concern overseas

Authorities rush so as to add hospital beds, construct fever clinics U.S. raises considerations over chance of COVID mutations Beijing stories 5 extra deaths on Tuesday Safety tight at crematoriums amid doubts over demise toll BEIJING/WASHINGTON, Dec 20 (Reuters) – Cities throughout China scrambled to put in hospital beds and construct fever screening clinics on … Read more

China stories first COVID deaths in weeks as doubts collect over official depend

Beijing stories two deaths, first since Dec. 3 Comes after Beijing relaxed anti-virus controls Residents, analysts query official figures Virus surge weighs on world’s second economic system BEIJING, Dec 19 (Reuters) – China reported its first COVID-related deaths in weeks on Monday amid rising doubts over whether or not the official depend was capturing the … Read more

China braces for COVID unfold to countryside as holidays close to

Beijing dropped many anti-virus curbs final week Hundreds of thousands set to journey throughout nation for Lunar New Yr China shares ventilators, medication, assessments for rural areas An infection waves dim near-term development prospects BEIJING/SHANGHAI, Dec 16 (Reuters) – China set out pressing plans to guard rural communities from COVID-19 on Friday as thousands and … Read more

China pushes vaccines as retreat from ‘zero-COVID’ turns messy

Beijing urges inoculations for aged WHO requires vaccine drive as virus spreads Financial summit begins amid extra dire information BEIJING/SHANGHAI, Dec 15 (Reuters) – China raced to vaccinate its most susceptible individuals on Thursday in anticipation of waves of COVID-19 infections, with some analysts anticipating the dying toll to soar after it eased strict controls … Read more

‘Powerful instances’: Warnings sound over China’s speedy ‘zero-COVID’ exit

WHO points uncommon warning on COVID in China Key coverage assembly doubtful as virus spreads China tweaks COVID counting as testing drops BEIJING, Dec 14 (Reuters) – Per week after China started dismantling its powerful ‘zero-COVID’ controls, the World Well being Group warned of “very powerful” instances forward and state media reported some critically unwell … Read more

China reportedly delays key financial assembly amid indicators of surging infections

Beijing drops key instruments of ‘zero-COVID’ regime Modifications comply with historic protests final month Opening up sparks fears of an infection unfold SHANGHAI/HONG KONG, Dec 13 (Reuters) – Chinese language leaders have reportedly delayed a key financial coverage assembly amid rising indicators that COVID-19 infections are surging practically every week after Beijing jettisoned a number … Read more

Queues type at fever clinics as China wrestles with COVID surge

Queues exterior fever clinics in Beijing, Wuhan High virus knowledgeable says peak might are available a month Shares, yuan sag on concern over rising instances China strikes to unencumber home journey BEIJING/HONG KONG, Dec 12 (Reuters) – Folks queued exterior fever clinics at China’s hospitals for COVID-19 checks on Monday, a brand new signal of … Read more