Analysis: As Fed rate hikes loom, China may opt for modest easing to cushion slowdown
China’s central bank is set to unveil more easing steps to support slowing growth, though it will likely favour injecting more cash into the economy than cutting interest rates too aggressively, policy insiders and economists said.
Japan urges more chip tie-ups with Taiwan at trade talks
Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting on Tuesday.
Volkswagen aims to double electric car sales in China this year after missing targets
Volkswagen AG (VOWG_p.DE) said it would likely double sales of its ID battery electric vehicles in China this year and aims to do even better but the automaker could be hamstrung by a shortage of semiconductors.
Explainer: How Amazon’s battle with Reliance for India retail supremacy became a legal jungle
For more than a year, Amazon.com Inc and India’s Future Group have been locked in a complex legal stand-off that has stalled Future’s $3.4 billion sale of assets to the U.S. firm’s rival Reliance Industries (RELI.NS) – with no end in sight.
Darktrace shares glow as UK cyber group lifts outlook
British cyber security firm Darktrace (DARK.L) lifted its full-year revenue and margin guidance on Tuesday after it enjoyed a near 40% jump in customers, driving its shares higher after a recent slump.
Costa Rica hydro plant gets new lease on life from crypto mining
A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant in Costa Rica that feeds hundreds of computers wired up to the cryptocurrency mining business.
Japan toaster startup smartphone foray craters stock price
A foray into smartphones by Japan’s Balmuda Inc (6612.T), best known for its high-end toasters, has cratered its stock price with the firm announcing this week it has halted sales of its poorly received handset.
Exclusive: Smart guns finally arriving in U.S., seeking to shake up firearms market
Personalized smart guns, which can be fired only by verified users, may finally become available to U.S. consumers after two decades of questions about reliability and concerns they will usher in a new wave of government regulation.
Uniper secures $11 bln of credit to cope with gas volatility
German utility Uniper (UN01.DE) has secured credit facilities worth up to 10 billion euros ($11 billion) from parent Fortum (FORTUM.HE) and state bank KfW (KFW.UL)in a move to cope with unprecedented volatility in energy markets, it said.
Daimler warns car owners of fire risk it lacks parts to fix
Daimler’s (DAIGn.DE) Mercedes-Benz has informed owners of its luxury cars of a technical defect that could spark a fire, the company said on Tuesday, adding a recall was not possible because parts needed to fix the problem are not available.
