Finish of easy-cash period goes to harm

LONDON, Feb 1 (Reuters) – (This Feb. 1 story has been corrected to repair the identify of CIO within the “Going Personal” part to Nicoll from Nicole) The tip of the easy-cash period is over and its impression but to be felt on world markets, hopeful that the ache of aggressive price hikes and excessive … Read more

Honda to start out producing new hydrogen gas cell system co-developed with GM

TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) stated it is going to begin producing a brand new hydrogen gas cell system collectively developed with Common Motors Co (GM.N) this 12 months and step by step step up gross sales this decade, in a bid to develop its hydrogen enterprise. Honda will goal … Read more

MoneyGram boss says no peak in sight for F1’s U.S. development

LONDON, Jan 31 (Reuters) – Formulation One’s surging recognition in the USA, turbocharged by hit Netflix docu-series ‘Drive to Survive’, has loads of gasoline left within the tank in accordance with MoneyGram chief govt Alex Holmes. The Dallas-based cash switch and funds firm will begin the 2023 season, which has three grands prix in the … Read more

U.S. seeks Tesla driver-assist paperwork; firm hikes capex forecast

WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday the U.S. Justice Division has sought paperwork associated to its Full Self-Driving (FSD) and Autopilot driver-assistance techniques as regulatory scrutiny intensifies. The automaker mentioned in a submitting it “has acquired requests from the DOJ for paperwork associated to Tesla‚Äôs Autopilot and FSD options.” Reuters … Read more

Alec Baldwin, armorer to be charged over ‘Rust’ capturing

Jan 31 (Reuters) – Actor Alec Baldwin and armorer Hannah Gutierrez-Reed can be charged on Tuesday with involuntary manslaughter for the deadly capturing of cinematographer Halyna Hutchins on the set of Western “Rust” in 2021, a New Mexico prosecutor mentioned. The costs comply with 15 months of hypothesis whether or not District Legal professional Mary … Read more

Norway wealth fund posts document $164 bln loss

Loss in 2022 exceeds earlier document from 2008 Inflation, geopolitical tensions stay threat elements Document influx of cash from oil and gasoline trade OSLO, Jan 31 (Reuters) – Norway’s wealth fund, one of many world’s largest buyers, posted a document lack of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an finish a three-year … Read more

Unique: Mattress Tub & Past making ready to file chapter as quickly as this week

NEW YORK, Jan 30 (Reuters) – Mattress Tub & Past Inc (BBBY.O) is making ready to hunt chapter safety as quickly as this week, and has lined up liquidators to shut further shops except a last-minute purchaser emerges, 4 folks accustomed to the matter stated on Monday. The timing of any chapter submitting was in … Read more

Ford to chop costs of Mustang Mach-E, following Tesla’s lead

Jan 30 (Reuters) – Ford Motor Co (F.N) on Monday reduce costs of its electrical crossover SUV Mustang Mach-E by as a lot as $5,900 per automobile, weeks after rival Tesla Inc (TSLA.O) slashed costs globally on its electrical automobiles by as a lot as 20%. Shares of Ford closed down 2.9% in above common … Read more

Premier League indicators NFT cope with SoftBank-backed Sorare

LONDON, Jan 30 (Reuters) – The Premier League is partnering with French fantasy sports activities platform Sorare to promote non-fungible tokens (NFTs), an indication that the sporting world is constant to embrace digital property regardless of the rout in markets. The deal offers Sorare a four-year license to promote digital sports activities playing cards of … Read more

China’s Baidu to launch ChatGPT-style bot in March – supply

BEIJING, Jan 30 (Reuters) – Chinese language web search main Baidu Inc (9888.HK) is planning to launch a synthetic intelligence (AI) chatbot service much like OpenAI’s ChatGPT in March, an individual accustomed to the matter advised Reuters. The expertise agency plans to launch the service as a standalone software and step by step merge it … Read more