VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits
The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new
India’s Infosys tumbles 15% on weak revenue outlook, dents sector
Shares of Infosys Ltd slumped nearly 15% on Monday, dragging peers and the benchmark index, after the company’s dismal revenue outlook raised concerns about demand for
Wildfire on French-Spanish border destroys 1,000 hectares
A wildfire destroyed nearly 1,000 hectares on the French-Spanish border on Sunday and early Monday, authorities said, as parts of southern Europe remain gripped by
Gold slides below $2,000, market eyes Fed rate hike cues
Gold reversed course to slip below the key $2,000 level on Monday, pressured by a stronger dollar and higher Treasury yields, while investors looked for
Apple CEO Cook to meet Indian PM Modi amid expansion – sources
Apple Chief Executive Tim Cook will meet India’s Prime Minister Narendra Modi and its deputy IT minister as part of his visit to inaugurate the iPhone
US SEC charges Bittrex with operating unregistered securities exchange
The U.S. Securities and Exchange Commission on Monday charged cryptocurrency exchange Bittrex Inc and its former CEO William Shihara with operating an unregistered national securities
Dollar jumps after strong New York manufacturing survey
The dollar edged higher on Monday after the April survey of business activity in New York state rose for the first time in five months
India, Russia talk free trade deal in step-up of relations
India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that could deepen bilateral commercial ties
Eleven people die of sunstroke near Mumbai after open-air award function
At least eleven people died on Sunday after suffering from sunstroke at an event attended by India’s home minister on the outskirts of Mumbai, the
China’s electric car drive, led by BYD, leaves global brands behind
China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives
