Lufthansa intends to fully take over ITA Airways, CEO says
Business

Lufthansa intends to fully take over ITA Airways, CEO says

May 26 (Reuters) – German airline group Lufthansa (LHAG.DE) on Friday said its goal was to take over Italian carrier ITA Airways in full, but it could not be forced to do so, after it announced it was taking on a minority stake on Thursday.Lufthansa will take a 41% stake in ITA Airways by way… […]

Ford CEO says Tesla Superchargers may become the standard for EV charging
Business

Ford CEO says Tesla Superchargers may become the standard for EV charging

[1/2] A Tesla vehicle is charged at a Tesla supercharging station in Kettleman City, California, U.S., January 25, 2023. REUTERS/Mike Blake/File PhotoMay 26 (Reuters) – Ford Motor Co (F.N) shares jumped by more than 7% on Friday after the No. 2 U.S. automaker announced a deal allowing its electric-vehicle owners to access rival Tesla Inc’s… […]

Dutch Watchdog Looking Into Alleged Tesla Data Breach
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Dutch Watchdog Looking Into Alleged Tesla Data Breach

[1/2] Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERSBERLIN/AMSTERDAM, May 26 (Reuters) – The data protection watchdog for the Netherlands said on Friday it was aware of possible Tesla data protection breaches, but it was too… […]

Joe now deporting more people than Don…
Business

Joe now deporting more people than Don…

Immigration Both President Joe Biden and former President Donald Trump have pledged to return more migrants to their home countries, with differing approaches as immigration has emerged as a top issue in the coming U.S. election rematch. Republican former President Donald Trump is promising to ramp up deportations from the United States to historic levels […]

New York City Banking Commission votes to freeze Capital One, KeyBank deposits
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New York City Banking Commission votes to freeze Capital One, KeyBank deposits

NEW YORK, May 25 (Reuters) – The New York City Banking Commission voted to halt deposits into the city’s bank accounts at Capital One (COF.N) and KeyBank (KEY.N) after the lenders failed to submit plans on their efforts to root out discrimination.City Comptroller Brad Lander joined Mayor Eric Adams and the department of finance to… […]

US raises concerns with China about actions against US companies
Business

US raises concerns with China about actions against US companies

May 25 (Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese Minister of Commerce Wang Wentao during a meeting on Thursday in Washington, according to a U.S. readout.”The two had candid and substantive discussions on issues relating to the U.S.-China commercial relationship, including the… […]

Exclusive: Icahn poised to win at least one seat on Illumina’s board -sources
Business

Exclusive: Icahn poised to win at least one seat on Illumina’s board -sources

NEW YORK, May 24 (Reuters) – Activist investor Carl Icahn is set to win enough Illumina Inc (ILMN.O) shareholder support to install at least one of his three nominees to the gene sequencing machine maker’s board, two people familiar with the matter said on Wednesday.A preliminary vote tally shows that Icahn nominee Andrew Teno has… […]

How Children Starve
Business

How Children Starve

In Gaza, hunger is taking a toll on the bodies of children. The impact can last a lifetime. Nearly 166 million people worldwide are estimated to need urgent action against hunger, according to the Integrated Food Security Phase Classification (IPC), a global partnership which measures food insecurity. That includes nearly everyone in the Gaza Strip […]

Tesla to pick another location for new factory this year -Musk
Business

Tesla to pick another location for new factory this year -Musk

May 23 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by the end of this year.When the Wall Street Journal’s Thorold Barker asked Musk at an event if India was interesting, he said, “Absolutely”.Tesla is “serious” about its plans… […]