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Tesla's public robotaxi rides set for tentative June 22 start, CEO Musk says
By Abhirup Roy SAN FRANCISCO, June 10 (Reuters) - Tesla TSLA.O tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans of the electric vehicle maker eagerly await rollout of the long-promised service.Mu...
Wed, Jun 11
PRECIOUS-Gold rises on lower dollar, US-China trade uncertainty
June 11 (Reuters) - Gold prices rose on Wednesday, supported by a lower dollar and uncertainty over the finalisation of a U.S.-China trade agreement, as markets awaited key U.S. inflation data for direction.
Wed, Jun 11
US STOCKS-Wall Street ends higher as investors track US-China trade talks
June 10 (Reuters) - The S&P 500 ended higher on Tuesday, lifted by a rally in Tesla as investors bet on positive results from U.S.-China trade talks aimed at defusing a tariff dispute that has roiled global markets this year.
Wed, Jun 11
US, Mexico close to deal that would cut steel tariffs, Bloomberg reports
June 10 (Reuters) - The United States and Mexico are close to a deal that would get rid of 50% tariffs that U.S. President Donald Trump has imposed on Mexican steel imports up to a certain volume, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Wed, Jun 11
GameStop's first-quarter revenue declines as online gaming demand rises
June 10 (Reuters) - Videogame retailer GameStop GME.N reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores, sending its shares down 4.6% in after-hours trading.
Wed, Jun 11
US Justice Department fires two tied to Trump probes, people familiar say
WASHINGTON, June 10 (Reuters) - The U.S. Justice Department this week fired two more employees who worked on investigations into President Donald Trump's retention of classified records and efforts to overturn the 2020 election, according to three people familiar with the matter.
Wed, Jun 11
[Reuters Breakingviews] Mark Zuckerberg tries to buy AI salvation too
NEW YORK, June 10 (Reuters Breakingviews) - Mark Zuckerberg is digging back into the M&A playbook that saved him before. With the Meta Platforms META.O social-media empire he controls facing an existential threat from artificial intelligence, he may be on the verge of paying some $15 billion to buy
Wed, Jun 11
GLOBAL MARKETS-Stocks, dollar edge higher as investors track US-China trade talk progress
BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar were positive but muted on Tuesday as trade talks between the United States and China continued through a second day, giving investors some reason to believe tensions between the world's two largest economies may be easing.
Wed, Jun 11
Sterling weakens as soft labour market data supports UK rate cut bets
LONDON, June 10 (Reuters) - The British pound fell against the dollar and the euro on Tuesday as soft UK labour market data bolstered investors' bets for more rate cuts this year from the Bank of England.
Tue, Jun 10
Foreign investors sold Japanese long-term bonds in May on fiscal concerns, weak auctions
June 10 (Reuters) - Foreign investors were net sellers of Japanese long-term bonds for the first time in five months in May, as weak debt auctions and rising fiscal concerns dented demand for longer-dated JGBs.Foreign investors exited a net 134.5 billion yen ($929.70 million) worth long-term Japanes
Tue, Jun 10
Gold holds steady as markets eye US-China trade talks
US-China trade talks set to extend to a second dayTrump says 'doing well' with ChinaBy Anmol Choubey June 10 (Reuters) - Gold prices were steady on Tuesday as market participants awaited developments from the second day of U.S.-China trade talks in London, while a stronger dollar limited ...
Tue, Jun 10
Huawei chips are one generation behind US but firm finding workarounds, CEO says
BEIJING, June 10 (Reuters) - Huawei Technologies' HWT.UL chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday.
Tue, Jun 10
[Reuters Analysis] Why China's auto, tech giants threaten Tesla’s self-driving future
AUSTIN, Texas June 10 (Reuters) - Chinese electric-vehicle makers led by BYD beat Tesla TSLA.O in the competition to produce affordable electric vehicles. Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
Tue, Jun 10
Asian stocks climb, FX steady as US-China trade talks set to continue
June 10 (Reuters) - Stock markets in Asia climbed on Tuesday and regional currencies were little changed against a steady U.S. dollar, as investors monitored the second day of trade negotiations between the United States and China.
Tue, Jun 10
[Reuters Breakingviews] China's rare-earth lever is best used carefully
HONG KONG, June 10 (Reuters Breakingviews) - Beijing has shrewdly utilised its dominance of these critical minerals, in turn potentially winning a reprieve from US tech export controls. The next challenge is to show restraint - or risk the world accelerating efforts to ease its reliance on the...
Tue, Jun 10
Japanese shares rise for third day on tech optimism, JGB support
TOKYO, June 10 (Reuters) - Japanese shares climbed on Tuesday for a third consecutive day, buoyed by gains in technology stocks and investor optimism over the government's efforts to stabilise the debt markets.
Tue, Jun 10
Japan's super-long bonds rise after report of possible bond buybacks
TOKYO, June 10 (Reuters) - Japan's super-long government bond prices rose on Tuesday, after Reuters reported that the government is considering buying back some super-long-dated bonds in a move to contain rising yields.
Tue, Jun 10
Oil inches up, outcome of US-China trade talks awaited
By Anjana Anil June 10 (Reuters) - Oil prices edged up on Tuesday as market participants waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions and improve fuel demand.Brent crude futures LCOc1 edged up 12 cents to $67.16 a barrel at 0041 GMT. U.S. West Texas
Tue, Jun 10
GRAINS-Wheat near one-week low on harvest pressure; soybeans firm
SINGAPORE, June 10 (Reuters) - Chicago wheat slid for a second session on Tuesday, with prices close to a one-week low on pressure from the Northern Hemisphere harvest and a forecast of higher output in top exporter Russia.
Tue, Jun 10
US STOCKS-S&P 500 ends slightly up; traders watch US-China trade talks
June 9 (Reuters) - The S&P 500 ended slightly higher on Monday, lifted by Amazon and Alphabet, while investors watched U.S.-China negotiations aimed at mending a trade dispute that has rattled financial markets for much of the year.
Tue, Jun 10
