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Porsche scraps battery production plans at Cellforce unit
BERLIN, Aug 25 (Reuters) - German carmaker Porsche AG P911_p.DE scrapped production plans at its high-performance battery unit Cellforce, saying it would focus on development because of slow demand for electric vehicles and changed conditions in China and the United States. Cellforce will be tu...Reuters
Mon, Aug 25
Beyond the 'bling', China aims for deterrence in military show
Parade "performative" rather than operational, analysts sayA host of new weapons and systems expected to be on showChinese officials will highlight ability to "win future wars"Appearance of large sea drone poses new potential threatBy Greg Torode HONG KONG, Aug 25 (Reuters) - As C...Reuters
Mon, Aug 25
US probes into more than 1.4 million Honda vehicles over engine failure
Aug 25 (Reuters) - The National Highway Traffic Safety Administration is opening a probe into more than 1.4 million Honda 7267.T vehicles sold in the United States over concerns that connecting rod bearing failures in their engines could lead to complete engine failure.In a letter dated August 20, t...Reuters
Mon, Aug 25
NORMA Group To Supply New Electric Car Platform With Quick Connectors
Aug 25 (Reuters) - NORMA GROUP SE NOEJ.DE:TO SUPPLY NEW ELECTRIC CAR PLATFORM WITH QUICK CONNECTORSSTARTING IN 2027, NORMA GROUP WILL DELIVER QUICK CONNECTORS FOR BATTERY THERMAL MANAGEMENT OF VEHICLES.CONTRACT HAS A VOLUME OF AROUND EUR 14 MILLION.UP TO 90,000 ELECTRIC CARS ARE TO BE EQUIPPED EVERY...Reuters
Mon, Aug 25
Israel says it is ready to support Lebanon in disarming Hezbollah
TEL AVIV, Aug 25 (Reuters) - Israel is ready to support Lebanon in disarming Hezbollah, Israeli Prime Minister Benjamin Netanyahu's office said in a statement on Monday.Earlier this month, the Lebanese cabinet approved the objectives of a U.S. plan to disarm the Iran-aligned Hezbollah group.Reuters
Mon, Aug 25
Euro zone yields rise, walking back Fed-driven fall
LONDON, Aug 25 (Reuters) - Euro zone bond yields rose on Monday, reversing their fall from late last week as traders reassessed that U.S. Federal Reserve-driven move and its impact on Europe. Germany's 10-year bond yield, the benchmark for the euro zone, was up nearly 4 basis points at 2.76%, DE...Reuters
Mon, Aug 25
Meme coins struggle as Dogecoin, Shiba Inu, and Pepe face bearish pressures
Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are under pressure following a weekend pullback. Capital outflows from the derivatives market deplete the open interest of meme coins, reflecting a shift to risk-off sentiment.
Fxstreet
Mon, Aug 25
Earthquake of magnitude 6.3 strikes east of Russia's Kuril Islands, GFZ says
Aug 25 (Reuters) - An earthquake of magnitude 6.3 struck in waters off Russia's Kuril Islands on Monday, the German Research Centre for Geosciences (GFZ) said.The quake was at a depth of 10 km (6.2 miles), GFZ said.Reuters
Mon, Aug 25
Tennis-Medvedev exits US Open with chaotic flourish
By Simon JenningsNEW YORK, Aug 25 (Reuters) - Daniil Medvedev's turbulent relationship with the U.S. Open took another dramatic turn on Sunday as the former champion was shown the door by France's Benjamin Bonzi at the end of a chaotic first-round encounter.Medvedev brought the match to a st...Reuters
Mon, Aug 25
WRAPUP 2-Tennis-Sabalenka, Djokovic win before Medvedev tirade sparks chaos at US Open
Sabalenka shakes off slow start to make second roundDjokovic overcomes physical problems to get past TienRaducanu wins first U.S. Open match after 2021 triumphMedvedev match descends into chaos after umpire rowBy Amy Tennery and Shrivathsa Sridhar NEW YORK, Aug 24 (Reuters) - Aryna Sabalenka ...Reuters
Mon, Aug 25
Keurig Dr Pepper Says To Acquire JDE Peet's For 15.7 Billion Euros
Aug 25 (Reuters) - JDE Peets NV JDEP.AS:KEURIG DR PEPPER TO ACQUIRE JDE PEET'S AND SUBSEQUENTLY SEPARATE INTO TWO INDEPENDENT COMPANIES - A LEADING REFRESHMENT BEVERAGE PLAYER AND A GLOBAL COFFEE CHAMPIONKEURIG DR PEPPER INC - TO PAY €31.85 PER SHARE, €15.7 BILLION TOTAL FOR JDE PEET'SKEURIG...Reuters
Mon, Aug 25
Cambodia passes law to revoke citizenship of people convicted of treason
PHNOM PENH, Aug 25 (Reuters) - Cambodia's parliament passed a law on Monday that will allow people convicted of treason to be stripped of their citizenship, a new measure that comes amid a sustained crackdown on opponents of the long-ruling Cambodian People's Party. The law, approved by 120 ...Reuters
Mon, Aug 25
RPT-FOCUS-Battery startup Lyten yet to convince carmakers over Northvolt revival
Lyten to restart Northvolt's halted production plants -CEOLyten CEO: Deal will speed up lithium-sulfur production BMW says Lyten will only be considered for future projects By Marie Mannes, Alessandro Parodi and Gilles Guillaume STOCKHOLM, Aug 25 (Reuters) - Silicon Valley startup Lyte...Reuters
Mon, Aug 25
RPT-FOCUS-Battery startup Lyten yet to convince carmakers over Northvolt revival
Lyten to restart Northvolt's halted production plants -CEOLyten CEO: Deal will speed up lithium-sulfur production BMW says Lyten will only be considered for future projects By Marie Mannes, Alessandro Parodi and Gilles Guillaume STOCKHOLM, Aug 25 (Reuters) - Silicon Valley startup Lyte...Reuters
Mon, Aug 25
RPT-FOCUS-Battery startup Lyten yet to convince carmakers over Northvolt revival
Lyten to restart Northvolt's halted production plants -CEOLyten CEO: Deal will speed up lithium-sulfur production BMW says Lyten will only be considered for future projects By Marie Mannes, Alessandro Parodi and Gilles Guillaume STOCKHOLM, Aug 25 (Reuters) - Silicon Valley startup Lyte...Reuters
Mon, Aug 25
HIGHLIGHTS-Tennis-US Open day one
NEW YORK, Aug 25 (Reuters) - Highlights of the first day at the U.S. Open at Flushing Meadows on Sunday (times GMT):0455 BONZI TOPS MEDVEDEV IN FIVE-SET THRILLERDaniil Medvedev's turbulent season continued as the 2021 U.S. Open champion crashed out in the opening round after a 6-3 7-5 6-7(5) 0-6...Reuters
Mon, Aug 25
