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EXCLUSIVE-BYD shifts to local parts in Brazil factory in bid for market leadership
Chinese carmaker targets 50% local parts by end-2026New Bahia factory using site left by FordBYD aims to be Brazil's top carmaker in sales volumesBy Luciana Magalhaes CAMACARI, Feb 5 (Reuters) - Chinese automaker BYD 002594.SZ is aiming to produce and source 50% of its vehicle components loca...Reuters
Thu, Feb 5
HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports
Feb 5 (Reuters) - PC makers HP HPQ.N, Dell DELL.N, Acer 2353.TW and Asus 2357.TW are considering sourcing memory chips from Chinese chipmakers for the first time amid a global supply crunch that is threatening product launches and pushing up costs across the tech industry, Nikkei Asia reported on Th...Reuters
Thu, Feb 5
BREAKINGVIEWS-Japan election may win back domestic investors: podcast
By Aimee Donnellan and Una Galani DUBLIN/HONG KONG, Feb 5 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast Voters will go to the polls on Sunday and may back the government’s economic stimulus...Reuters
Thu, Feb 5
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
By Kenrick Cai and Deborah Mary Sophia SAN FRANCISCO, Feb 4 (Reuters) - Alphabet GOOGL.O is taking on OpenAI with a gusto that underscores Wall Street's perception that the Google parent is the leader in AI, a turn of events from a year ago when investors thought it was badly lagging behind r...Reuters
Thu, Feb 5
Japanese government bonds rise on solid 30-year auction as snap election looms
By Kevin Buckland TOKYO, Feb 5 (Reuters) - Japanese government bond futures rose and cash bond yields fell on Thursday following solid demand at a closely watched auction of 30-year debt, even as a crucial election loomed on Sunday that would shape the government's big fiscal stimulus plans.B...Reuters
Thu, Feb 5
Boeing plans to move 787 engineering work to South Carolina
About 300 jobs could leave Washington state, union saysBoeing contracts with 16,000 engineering union members expire in OctoberPlanemaker also cutting 300 non-union jobs in its defense unit, source saysBy Dan Catchpole SEATTLE, Feb 4 (Reuters) - Boeing BA.N told employees last week that it plans ...Reuters
Thu, Feb 5
UAW Reaches Tentative Agreement With Volkswagen In Chattanooga
Feb 4 (Reuters) - UAW: REACHES TENTATIVE AGREEMENT WITH VOLKSWAGEN IN CHATTANOOGAUAW- DEAL PROVIDES 20 PERCENT ACROSS-THE-BOARD WAGE INCREASES, AFFORDABLE HEALTH CARE, REAL JOB SECURITY, AND MORE.Source text: https://tinyurl.com/vvnp8f6wReuters
Thu, Feb 5
Vertical Aerospace Signs New Customer JetSetGo To Accelerate Electric And Hybrid-Electric Aviation In India
Feb 4 (Reuters) - Vertical Aerospace Ltd M000.F:VERTICAL AEROSPACE SIGNS NEW CUSTOMER JETSETGO TO ACCELERATE ELECTRIC AND HYBRID-ELECTRIC AVIATION IN INDIAVERTICAL AEROSPACE LTD - JETSETGO PRE-ORDERS 50 VALO AIRCRAFT FROM VERTICALReuters
Thu, Feb 5
'Today' show's Savannah Guthrie pleads for safe return of missing mother
TV news host asks presumed captors to 'reach out' to family'We need to know ... that she is alive,' Guthrie saysVideo coincides with renewed crime scene activity by policeBy Erica Stapleton and Steve GormanTUCSON, Arizona, Feb 4 (Reuters) - Popular U.S. morning news anchor Savannah G...Reuters
Thu, Feb 5
PRESS DIGEST-Financial Times - February 5
Feb 5 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Rushing Brexit reset deal risks costing British farmers, Keir Starmer told- UK delays worker protections against 'fire and rehire...Reuters
Thu, Feb 5
Sony third-quarter profit rises 22%, beats analyst estimates
TOKYO, Feb 5 (Reuters) - Sony 6758.T on Thursday reported a 22% rise in third-quarter operating profit, beating analyst estimates.Profit reached 515 billion yen ($3.28 billion) for October-December. That compared with the 469 billion yen average of 10 analyst estimates compiled by LSEG. ($1 = 156.8...Reuters
Thu, Feb 5
Qualcomm, Arm bear brunt of memory shortage as smartphone chip sales disappoint
By Arsheeya Bajwa and Juby Babu Feb 4 (Reuters) - Memory shortages will constrain sales of cell phones for some time, hurting demand for chip industry companies like supplier Qualcomm QCOM.O and chip architecture designer Arm Holdings ARM.O, executives and analysts said on Wednesday as both compa...Reuters
Thu, Feb 5
New York City joins UN health network after Trump withdrew US from WHO
NYC Health Dept joins WHO's Global Outbreak Alert and Response NetworkGovernors of California, Illinois have said their states will join UN health network as wellTrump has withdrawn US from WHOBy Kanishka Singh WASHINGTON, Feb 4 (Reuters) - The New York City Health Department on Wednesday sai...Reuters
Thu, Feb 5
Trump backs MAGA prosecutor in race to fill Marjorie Taylor Greene's seat
Feb 4 (Reuters) - President Donald Trump on Wednesday endorsed a conservative local prosecutor in a Georgia special election to replace Marjorie Taylor Greene, who resigned from the U.S. House of Representatives amid an acrimonious split with the president.Trump said that he was throwing his support...Reuters
Thu, Feb 5
Hennessy Capital Investment Corp. VIII Announces Pricing Of Upsized $210 Million IPO
Feb 4 (Reuters) - HENNESSY CAPITAL INVESTMENT CORP. VIII ANNOUNCES PRICING OF UPSIZED $210,000,000 INITIAL PUBLIC OFFERINGHENNESSY CAPITAL INVESTMENT CORP VIII - PRICING OF ITS UPSIZED IPO OF 21 MILLION UNITS AT $10 PER UNITFurther company coverage: [ ]Reuters
Thu, Feb 5
Electrical equipment maker Forgent Power raises $1.51 billion in US IPO
Feb 4 (Reuters) - Electrical equipment maker Forgent Power Solutions FPS.N said on Wednesday it had raised $1.51 billion in its U.S. initial public offering.The Minnesota-headquartered company and some of its existing shareholders sold 56 million shares priced at $27 apiece in the IPO, compared with...Reuters
Thu, Feb 5
Japanese 30-year bond yields ease before auction as snap election looms
By Kevin Buckland TOKYO, Feb 5 (Reuters) - Japan's 30-year government bond yields ticked lower on Thursday ahead of an auction of the securities later in the day, even as a crucial election loomed on Sunday that would determine the outlook for the government's big fiscal stimulus plans.Th...Reuters
Thu, Feb 5
