U.S. opens new special crash probe into fatal Tesla crash

The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a new special crash investigation into a recent fatal crash in California involving a 2014 Tesla Model S where an advanced driver assistance system was suspected of use.

newspaper

08-03-2023

Givaudan, Symrise, DSM shares drop on global fragrance cartel probe

(Reuters) -Shares in Givaudan and Symrise took a beating on Wednesday after the Swiss antitrust agency named them as part of a quartet of companies in the crosshairs of international competition watchdogs.

newspaper

08-03-2023

Switzerland joins global cartel probe into $5-billion fragrance market

(Reuters) -Shares in Givaudan and Symrise took a beating on Wednesday after the Swiss antitrust agency named them as part of a quartet of companies in the crosshairs of international competition watchdogs.

newspaper

08-03-2023

Swiss antitrust agency names four firms in fragrance cartel probe

(Reuters) -The Swiss antitrust agency on Wednesday named four companies it is investigating for forming an alleged fragrance cartel that is also the target of U.S. and other European watchdogs.

newspaper

08-03-2023

China Jan-Feb exports, imports slump again as global demand falters

BEIJING (Reuters) -A fall in China's exports for the January-February period pointed to continued weakness in demand for the country's products, backing government concerns that a global slowdown will be felt at home.

newspaper

07-03-2023

Meta plans to cut thousands of jobs as soon as this week - Bloomberg News

(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.

newspaper

07-03-2023

Justices ask government for input on Texas electric grid dispute

The U.S. Supreme Court on Monday asked the Biden administration to wade into a dispute between Florida-based energy company NextEra Energy Inc. and Texas over a state law that experts say could block the construction of vital interstate electric transmission lines.

newspaper

06-03-2023

Pakistan has to give assurance on financing balance of payments gap -IMF

KARACHI, Pakistan (Reuters) -Pakistan will be required to give an assurance that its balance of payments deficit is fully financed for the remaining period of an International Monetary Fund (IMF) programme, the lender's resident representative said.

newspaper

06-03-2023

Explainer: Biotech corn and soy widely used, consumers still wary of GM wheat

Nearly all corn and soybean acres in the world's largest exporting countries are seeded with genetically modified varieties, but that is not the case for wheat, a crop grown primarily for human food.

newspaper

03-03-2023