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23 May

Russia's Avtovaz names ex-transport minister as CEO after Renault exit

Russia's top carmaker Avtovaz said on Monday it had appointed former transport minister Maxim Sokolov as its new president and CEO after its main shareholder Renault withdrew from the Russian market.

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23 May

China lockdowns, war risk derailing global jobs recovery: ILO

The global job market is at risk of doing a U-turn on its path towards recovering to pre-COVID-19 levels as lockdowns in China and the war in Ukraine weigh on economies, the International Labour Organization (ILO) said in a report on Monday.

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23 May

For EV maker Rivian, delivery headache hits as market shuts down coffers

When Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon.com Inc-backed electric vehicle startup that at the time promised to tap in to a niche not served by other automakers.

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23 May

Chipmaker Broadcom in talks to acquire VMware -sources

Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said.

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23 May

Bombardier launches latest ultra-long range business jet Global 8000

Canada's Bombardier Inc launched a new long-range business jet on Monday, as it looks to stay competitive in a market that serves the ultra-rich and has remained robust amid COVID-19 driven boom in demand for private aircraft.

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23 May

China lockdowns, war risk derailing global jobs recovery -ILO

The global job market is at risk of doing a U-turn on its path towards recovering to pre-COVID-19 levels as lockdowns in China and the war in Ukraine weigh on economies, the International Labour Organization (ILO) said in a report on Monday.

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23 May

With U.S. help, Japan wants to go from player to power in space

TOKYO (Reuters) -Space is a key area of cooperation for Japan with the United States, its closest ally, amid heightened tensions with an increasingly assertive China, which itself aims to become a space power.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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