KUALA LUMPUR (Reuters) – Malaysia on Wednesday said electric vehicle (EV) maker Tesla Inc will open an office in the Southeast Asian country and establish a network of charging stations …
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US and World News
Chinese weather balloon maker denies connection to downed spy balloon
by Reutersby ReutersBEIJING (Reuters) – Chinese weather balloon manufacturer Zhuzhou Rubber Research & Design Institute said it had no connection to the balloon shot down by the United States earlier this month …
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U.S. formally ends fight against Meta’s purchase of VR content maker
by Reutersby ReutersWASHINGTON (Reuters) -The U.S. government said on Friday it was formally ending its effort to stop Facebook parent Meta Platforms Inc from buying virtual reality (VR) content maker Within Unlimited. …
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Australian pallets maker Brambles hikes annual profit outlook; shares jump
by Reutersby ReutersBy Harish Sridharan (Reuters) -Australian logistics company Brambles Ltd raised its annual earnings outlook on Friday as it offset cost pressures with product price hikes, sending its shares 7.5% higher …
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Ray-Ban maker EssilorLuxottica’s sales rise on solid European growth
by Reutersby Reuters(Reuters) -Luxury eyewear maker EssilorLuxottica on Thursday reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of COVID-19 restrictions. …
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Vietnam’s EV maker VinFast recalls nearly 2,800 units domestically
by Reutersby ReutersHANOI (Reuters) – Vietnam’s electric vehicle (EV) maker VinFast is recalling 2,781 of its sports utility model VF8 sold in the domestic market to check and replace the bolt connecting …
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VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
by Reutersby ReutersBy Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance, said on Friday it was laying off a small number …
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Exclusive-Starboard to challenge engineering materials maker Rogers’ board -sources
by Reutersby ReutersBy Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investment firm Starboard Value LP has amassed a sizable stake in Rogers Corp and is seeking seats on the electronics materials company’s …
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By Kanishka Singh WASHINGTON (Reuters) -The United States on Friday imposed sanctions on the board of directors of Iranian drone maker Paravar Pars, the U.S. Treasury Department said, adding Iranian …
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Irn-bru maker A.G. Barr sees FY profit, revenue beating expectations
by Reutersby Reuters(Reuters) – A.G. Barr said on Tuesday it expects its full-year revenue and profit to beat market expectations, helped by price hikes and steady demand for its cocktail mixes and …
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Appliance maker Whirlpool’s 2023 profit forecast beats expectations
by Reutersby Reuters(Reuters) – U.S. home appliances maker Whirlpool Corp forecast full-year profit above Wall Street estimates on Monday, helped by cost cuts and easing raw material prices. Shares of the appliance …
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Abortion Pill Maker Sues Red States Over Bans: ‘Impacts The Company’s Bottom Line’
Abortion Pill Maker Sues Red States Over Bans: ‘Impacts The Company’s Bottom Line’ Alexa Schwerha on January 25, 2023 A company behind the manufacturing of a pill used in chemical …
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Tank maker Rheinmetall raises sales view, asks Berlin for firm orders
by Reutersby ReutersBy Anneli Palmen and Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) – German defence group Rheinmetall on Tuesday raised its sales expectations for 2025 on higher demand for weapons due to the war …
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US and World News
Protesters clash with police at COVID antigen kit maker factory in China, videos show
by Reutersby ReutersSHANGHAI (Reuters) – Protesters clashed with police in central China during a demonstration on Saturday by hundreds of people at a factory producing COVID-19 antigen kits, several videos posted to …
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Conservative TimesGovernment NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Plane Crash Prompts Engine Maker For Pentagon’s Star Fighter Jet To Halt Deliveries
Plane Crash Prompts Engine Maker For Pentagon’s Star Fighter Jet To Halt Deliveries Micaela Burrow on January 4, 2023 The engine supplier for Lockheed Martin’s highly-sought F-35 fighter jet has …
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US and World News
Fiji’s king maker party SODELPA votes to support opposition coalition
by Reutersby ReutersSYDNEY (Reuters) – Fiji’s Social Democratic Liberal Party (SODELPA) said on Friday that it would form a coalition with two other parties, a move that will dislodge current Prime Minister …
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Kellogg divests Russian operations to local snacks maker Chernogolovka
by Reutersby Reuters(Reuters) -Kellogg Co said on Thursday it has decided to divest its operations in Russia to local snacks and drinks maker Chernogolovka as the company joins a long list of …
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Maker Fortnite To Pay Gigantic Fine For Allegedly Violating Children’s Privacy, Duping Players
Maker Of Super Popular Video Game To Pay Gigantic Fine For Allegedly Violating Children’s Privacy, Duping Players John Hugh DeMastri on December 19, 2022 Epic Games, developer of the popular …
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MEXICO CITY (Reuters) – Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand one of its factories in the northern Mexican state of …
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Dutch chip equipment maker ASML’s CEO questions U.S. export rules on China -newspaper
by Reutersby ReutersAMSTERDAM (Reuters) -The chief executive of ASML Holding NV, the Dutch semiconductor equipment maker, on Tuesday questioned whether a U.S. push to get the Netherlands to adopt new rules restricting …
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Chocolate maker Barry Callebaut boosts investment in Canadian factory
by Reutersby ReutersZURICH (Reuters) – Swiss chocolate maker Barry Callebaut is investing $70 million at one of its factories in Canada, the company said on Wednesday, its latest move to expand production …
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US and World News
Indonesia releases on parole Bali bomb maker Umar Patek – statement
by Reutersby ReutersJAKARTA (Reuters) – Indonesia has released on parole Umar Patek, a bomb maker in deadly 2002 Bali attacks, the ministry of law and human rights said on Wednesday. Patek, a …
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Vietnamese EV maker VinFast to supply 2,500 units to U.S. car subscription service Autonomy
by Reutersby ReutersHANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Thursday it has struck a deal with U.S. car subscription service Autonomy to supply more than 2,500 units, its largest …
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US and World News
Toru Kubota, Japanese film maker held in Myanmar, has been freed – Kyodo
by Reutersby ReutersTOKYO (Reuters) – Toru Kubota, a Japanese film maker held by authorities in Myanmar since being arrested in July, has been freed, Kyodo news agency reported on Thursday, quoting sources. …
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Mr Kipling maker Premier Foods posts higher half-year adjusted profit
by Reutersby Reuters(Reuters) – Premier Foods reported a rise in half-yearly adjusted profit on Wednesday on strong demand for its cakes and grocery products, while flagging further price pressures amid surging inflation. …