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Reuters
Nov 30, 2022, 10:12 PM
Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.
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Reuters | Nov 30, 2022EU, U.S. Eye Level Playing Field For EU Electric Cars In U.S. MarketThe EU says that while it allows government tax breaks or subsidies for purchases of U.S. electric cars such as those made by Tesla, the United States makes such support conditional on the car, or parts of it, being made in the United States.2 mins read
Reuters | Nov 30, 2022Stocks Eye 3% Weekly Loss, Dollar Sky High Before U.S. Jobs DataWorld stocks were heading for a 3% loss on the week while the dollar hit 24-year highs against the yen for a second day ahead of key U.S. jobs data, as investors brace for aggressive rate hikes from the Federal Reserve.3 mins read
Reuters | Nov 30, 2022TomTom Shares Fall As 2023 Uncertainties Outweigh Q3 BeatThe Amsterdam-based group, whose customers range from major car companies to global tech firms, forecast free cash flow at break-even for next year, compared with a previous outlook for an inflow of at least 5% of revenues.1 min read
Reuters | Nov 30, 2022Musk Looks To Delay Twitter Trial Following Whistleblower ClaimsElon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.2 mins read
Reuters | Nov 30, 2022Intel's Mobileye IPO Eyes Significantly Lower Valuation - ReportMobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according to the report.1 min read
Reuters | Nov 30, 2022GM Startup Cruise Recalls And Revises Self-Driving Software After CrashGeneral Motors startup Cruise LLC said it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people injured.3 mins read
Reuters | Nov 30, 2022Intel's Mobileye Seeks Drastically Lower $16 Billion Valuation In IPOReuters, citing sources, had reported in April that the stock market flotation could value Mobileye at as much as $50 billion.2 mins read
Reuters | Nov 30, 2022Germany To Spend 6.3 Billion Euros On Push For Electric Car Charging PointsThe plan envisages a 14-fold increase in the number of charging stations, climbing to 1 million by 2030 from around 70,000 now. It would focus on building them in local municipalities which are currently undersupplied.2 mins read
