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Tesla deliveries miss estimates due to logistical issues, slowing demand

BY Reuters  • January 3, 2023January 3, 2023
By Akash Sriram and Baranjot Kaur (Reuters) -Tesla Inc said quarterly deliveries fell short of market estimates on Monday, held back by ongoing logistical issues and growing demand concerns that round[...]
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Morning Bid: The year of the yen?

BY Reuters  • January 3, 2023January 3, 2023
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters. The holidays are over and it’s back to work, so markets are no exceptio[...]
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Asia Business Economy Europe Politics Top News UK US

Winklevoss says crypto broker Genesis negotiating in bad faith

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of “bad faith stall tact[...]
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Business Economy Europe Technology Top News Updated US

Tesla in pole position in Norway’s race to EV goal

BY Reuters  • January 3, 2023January 3, 2023
By Victoria Klesty OSLO (Reuters) -Four out of five new cars sold in Norway in 2022 were battery powered, led by Tesla, but some in the industry say new taxes could thwart the country’s goal of[...]
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Business Economy Top News Updated

UK announces cash support for low-income households

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – Millions of low-income households in Britain will receive cost-of-living support from the government of up to 900 pounds ($1,084) over the financial year, the country’s Departm[...]
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Business Economy Europe Politics Top News UK

Tesla’s China head Tom Zhu takes over sales in North America- Electrek

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – Tesla Inc’s head of China, Tom Zhu, has taken over responsibilities for sales, service and deliveries in North America, Electrek website reported on Monday, citing sources fami[...]
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Asia Business Top News US

Brazil markets tumble on Lula’s first full day in office

BY Reuters  • January 2, 2023January 2, 2023
By Anthony Boadle BRASILIA (Reuters) -Brazilian markets delivered a withering verdict on leftist President Luiz Inacio Lula da Silva’s first full day in office on Monday, after he pledged to pri[...]
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Asia Economy Elections Europe Latin America Politics Top News Updated

Stocks edge higher as darker forecasts loom

BY Reuters  • January 2, 2023January 2, 2023
By Nell Mackenzie (Reuters) -World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International Monetary Fund’[...]
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Asia Australia Business Economy Europe Top News Updated US
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IIFL Finance to raise funds via public issue

BY Reuters  • January 2, 2023
MUMBAI (Reuters) – India’s IIFL Finance plans to raise at least 1 billion rupees ($12.10 million) through public issue of non-convertible debentures, according to a product note. The issue[...]
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