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Western businesses must find a way to work with China-Stellantis CEO

Western businesses must find a way to work with China-Stellantis CEO

Jul 5, 2023 | Business, Economy

MILAN (Reuters) -The head of carmaker Stellantis said Beijing’s decision to restrict exports of two metals widely used in semiconductors and electric vehicles should not push Western companies to reduce their exposure to China. China on Monday announced controls...
Apple loses London appeal in 4G patent dispute with Optis

Apple loses London appeal in 4G patent dispute with Optis

Jul 5, 2023 | Business, Economy, Europe, Technology, UK, US

LONDON (Reuters) – Apple Inc infringed two telecommunications patents used in devices including iPhones and iPads, London’s Court of Appeal ruled on Tuesday, dismissing the tech giant’s appeal in a long-running dispute with a U.S. patent holder....
Beijing jabs in US-China tech fight with chip material export curbs

Beijing jabs in US-China tech fight with chip material export curbs

Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, Technology, US

By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) -Companies caught out by China’s decision to restrict exports of two metals widely used in semiconductors and electric vehicles were racing to secure supplies on Tuesday as some industry suppliers worried that...
Oil prices rise 2% as market weighs supply cuts against economic outlook

Oil prices rise 2% as market weighs supply cuts against economic outlook

Jul 4, 2023 | Business, Economy, Europe, Middle East, UK, US

By Natalie Grover LONDON (Reuters) -Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters Saudi Arabia and Russia against a weak global economic outlook. Saudi Arabia on Monday said it would extend its voluntary output cut of 1...
European shares steady, interest rate uncertainty remains

European shares steady, interest rate uncertainty remains

Jul 4, 2023 | Business, Economy, Europe, UK

By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares were steady in thin trading on Tuesday, with a lack of fresh economic data from the region and uncertainty around the direction of global interest rates keeping investors cautious. The pan-European...
Airbus trials new wing designs in technology race with Boeing

Airbus trials new wing designs in technology race with Boeing

Jul 4, 2023 | Business, Economy, Environment, Europe, Science, Technology, UK, US

By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology as the planemaker lays the foundation for a future successor to its best-selling A320 series, but faces a battle to bring down costs....
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