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Tesla signs deal for first India showroom to sell imported EVs
By Aditya Kalra and Aditi Shah NEW DELHI, March 5 (Reuters) - U.S. electric carmaker Tesla TSLA.O has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India, registration papers show, after it dropped similar plans last year.Tesla did n...Reuters
Wed, Mar 5
Commodities
Chevron Reports Equipment Leak At Pasadena, Texas Refinery
March 5 (Reuters) - Chevron Corp CVX.N:REPORTS EMISSIONS DUE TO EQUIPMENT LEAK AT PASADENA, TEXAS REFINERY REPORTS IT IS INVESTIGATING THE SOURCE OF POTENTIAL LEAK TO TAKE REMEDIAL ACTIONSAYS IT CONDUCTED INITIAL AND ONGOING FOLLOW UP AREA MONITORING TO CONFIRM NO LOCALIZED OR OFFSITE IMPACTREFINERY...Reuters
Wed, Mar 5
Other
ADVISORY-Alert incorrectly tagged to Artemis SA withdrawn
An alert on SightLine Applications acquiring Athena AI was inadvertently tagged to France-based Artemis SA ARTEM.UL, an unrelated company, and has been withdrawn. There will be no substitute.STORY_NUMBER: nTUA12M9N1STORY_DATE: 05/03/2025STORY_TIME: 14:00:08 GMTReuters
Wed, Mar 5
Other
Captive opportunity to incubate carbon credit risk: Airmic panel
By Rebecca DelaneyMarch 5 - (The Insurer) - Captive insurers can help support the sustainability agenda of their respective parent companies, panellists said at the Airmic Captives Forum in London on Wednesday.Franck Baron, chief risk officer at health and security services firm International SOS, t...Reuters
Wed, Mar 5
Commodities
Indian steel prices may fall as U.S. tariffs reshape alloy's trade, S&P Global says
March 5 (Reuters) - Indian steel mills are likely to see a sharp drop in prices after U.S. import tariffs come into effect and reshape global trade of the alloy, potentially redirecting a glut of supply into the South Asian country, S&P Global said in a note.The agency estimated Indian steel may...Reuters
Wed, Mar 5
Stocks
My Favorite "Magnificent Seven" Stock Just Joined the Quantum Computing Revolution (Hint: It's Not Nvidia)
Toward the end of 2024, a new pocket of the artificial intelligence (AI) realm called quantum computing started receiving quite a bit of interest from the investment world. Seemingly overnight, stocks such as IonQ, D-Wave Quantum, and Rigetti Computing emerged as popular names leading the quantum co...The Motley Fool
Wed, Mar 5
Economic Indicator
US service sector expands in February; price growth accelerates
Services PMI increases to 53.5 in FebruaryPrices paid, new orders, employment measures riseBy Lucia Mutikani WASHINGTON, March 5 (Reuters) - U.S. services sector growth unexpectedly picked up in February and prices for inputs increased, which combined with a recent surge in the cost of raw materi...Reuters
Wed, Mar 5
Other
Deals of the day-Mergers and acquisitions
March 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: ** Jazz Pharmaceuticals will acquire biotech firm Chimerix > for about $935 million in cash to gain access to its lead drug candidate to treat...Reuters
Wed, Mar 5
Other
US Supreme Court won't let Trump withhold payment to foreign aid groups
Administration challenged Judge Amir Ali's orderSupreme Court voted 5-4 in an unsigned orderConservative Justice Alito "stunned" by court's action Aid groups sued to challenge withheld fundingBy John KruzelWASHINGTON, March 5 (Reuters) - A divided U.S. Supreme Court declined on Wedne...Reuters
Wed, Mar 5
Economic Indicator
Tesla sales in Germany slump in February, in line with European markets
By Alessandro Parodi March 5 (Reuters) - Tesla TSLA.O car sales in Germany fell by 76% in February, data showed on Wednesday, adding to the collapse in sales of Elon Musk's EV brand across Europe in what could be a loyalty test for the close ally of U.S. President Donald Trump.Tesla sales wer...Reuters
Wed, Mar 5
Other
German court rules Pfizer, BioNTech violated Moderna's COVID-19 vaccine patent
FRANKFURT, March 5 (Reuters) - A German court in Duesseldorf on Wednesday ruled that Pfizer PFE.N and its partner BioNTech 22UAy.DE violated a COVID-19 vaccine patent held by Moderna MRNA.O.In a statement, the court said that Pfizer and BioNTech would have to provide information on earnings derived ...Reuters
Wed, Mar 5
Stocks
Looking for Sneaky Growth? These 2 Stocks Are Low-Key Buys for 2025.
Sometimes, the headline numbers don't tell the whole story. That's definitely the case with industrial software company PTC (NASDAQ: PTC) and workflow technology company Trimble (NASDAQ: TRMB). Both companies have excellent underlying growth rates in their recurring revenue, resulting in excellent c...The Motley Fool
Wed, Mar 5
Other
Apple launches new MacBook Air models with latest M4 chip, cuts price
March 5 (Reuters) - Apple AAPL.O on Wednesday unveiled new MacBook Air models with latest M4 chip and artificial-intelligence features at a price $100 lower than the previous generation, as the company looks to spur sales and persuade customers to upgrade their devices.The base version of the new se...Reuters
Wed, Mar 5
