IDC cuts global smartphone shipments forecast on tariff volatility
(Reuters) -International Data Corp slashed its 2025 global smartphone shipment growth forecast to 0.6% from 2.6% on Thursday, citing tariff-driven…
Markets ask how soon Nippon Steel will benefit from $15 billion bid for U.S. Steel
By Katya Golubkova and Anton Bridge TOKYO (Reuters) -Nippon Steel investors and analysts are asking if its $15-billion deal to…
Xiaomi’s Tesla Y rival YU7 hits showrooms in Beijing
By Qiaoyi Li and Alessandro Diviggiano BEIJING (Reuters) -Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday,…
Factbox-Trump’s tax and spending bill would raise some tariffs as well
WASHINGTON (Reuters) -The massive tax and spending bill that has passed the House of Representatives would also further another priority…
Amazon’s Zoox issues second software recall this month after San Francisco crash
(Reuters) – Amazon.com’s self-driving unit Zoox has issued a second software recall this month to improve how its vehicles track…
Ford recalls nearly 1.1 million vehicles over rearview camera software issue
By David Shepardson (Reuters) -Ford Motor is recalling nearly 1.1 million vehicles in the United States because rearview cameras may…
Robinhood rolls out desktop trading in UK to target seasoned retail investors
By Niket Nishant (Reuters) -U.S.-based online brokerage Robinhood said on Wednesday it was expanding its desktop platform into the UK…
GameStop buys bitcoin worth $513 million in crypto push
(Reuters) -GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game retailer…
Cantor Fitzgerald to buy UBS hedge fund unit
(Reuters) -U.S. brokerage firm Cantor Fitzgerald said on Wednesday it would buy Swiss lender UBS’ hedge fund unit, O’Connor. The…
Xiaomi reports 47% revenue growth in Q1 as it launches new electric SUV
By Che Pan and Brenda Goh BEIJING (Reuters) -China’s Xiaomi reported a 47.4% annual jump in first-quarter revenue on Tuesday…