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08 Mar

U.S. opens new special crash probe into fatal Tesla crash

The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a new special crash investigation into a recent fatal crash in California involving a 2014 Tesla Model S where an advanced driver assistance system was suspected of use.

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08 Mar

Givaudan, Symrise, DSM shares drop on global fragrance cartel probe

(Reuters) -Shares in Givaudan and Symrise took a beating on Wednesday after the Swiss antitrust agency named them as part of a quartet of companies in the crosshairs of international competition watchdogs.

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07 Mar

China Jan-Feb exports, imports slump again as global demand falters

BEIJING (Reuters) -A fall in China's exports for the January-February period pointed to continued weakness in demand for the country's products, backing government concerns that a global slowdown will be felt at home.

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08 Mar

Switzerland joins global cartel probe into $5-billion fragrance market

(Reuters) -Shares in Givaudan and Symrise took a beating on Wednesday after the Swiss antitrust agency named them as part of a quartet of companies in the crosshairs of international competition watchdogs.

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07 Mar

Meta plans to cut thousands of jobs as soon as this week - Bloomberg News

(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.

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08 Mar

Swiss antitrust agency names four firms in fragrance cartel probe

(Reuters) -The Swiss antitrust agency on Wednesday named four companies it is investigating for forming an alleged fragrance cartel that is also the target of U.S. and other European watchdogs.

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06 Mar

Justices ask government for input on Texas electric grid dispute

The U.S. Supreme Court on Monday asked the Biden administration to wade into a dispute between Florida-based energy company NextEra Energy Inc. and Texas over a state law that experts say could block the construction of vital interstate electric transmission lines.

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  • China receives US equipment to make advanced chips despite new rules-report
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