By Zaheer Kachwala (Reuters) – Rivian reported a 36% decline in first-quarter deliveries on Wednesday, as the electric-vehicle maker grapples…
Category: Business
Volvo Cars sales fall 10% in March as fully electric sales dive
STOCKHOLM (Reuters) -Volvo Cars sold 70,737 cars in March, down 10% from a year earlier as sales of fully electric…
EV charging firms team up to launch Europe’s largest network
By Gianluca Lo Nostro PARIS (Reuters) -Four of Europe’s biggest electric vehicle charging firms said on Wednesday they were teaming…
Tesla quarterly sales plunge as Musk backlash grows
By Akash Sriram and Abhirup Roy (Reuters) -Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt…
Exclusive-Brookfield nears $9 billion-plus deal for Colonial Pipeline, sources say
By David French (Reuters) – Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline,…
Gold stocks in Comex warehouses on track to hit new records over coming days
By Polina Devitt LONDON (Reuters) – Gold stocks in Comex warehouses are on track to hit new records over the…
China’s Xi to meet with BMW, Mercedes, Qualcomm CEOs, sources say
SHANGHAI (Reuters) – The global heads of German automakers BMW and Mercedes, as well as chip giant Qualcomm are among…
Former Meta executives raise $15 million for AI assistant startup
By Anna Tong SAN FRANCISCO (Reuters) – Two former Meta artificial intelligence executives have raised $15 million for Yutori, a…
Rivian spin-off Also reveals it will make lightweight electric vehicles
By Akash Sriram (Reuters) – Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive…
BofA raises gold price forecasts for 2025, 2026
(Reuters) – Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting…