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Joby Aviation says FAA gives nod for in-house software for air-taxi operations

By Abhijith Ganapavaram (Reuters) - Joby Aviation said on Thursday the U.S. aviation regulator has authorized the use of the air-taxi maker's in-house software to perform tasks such as managing pilot

China should further ease data export rules, Neuberger Berman, Citi say

SHANGHAI (Reuters) - China should further relax data export rules, building on the recent easing of some curbs for global firms enacted by the city of Shanghai, senior executives from investment

Wolfspeed plant delayed as EU’s chipmaking plans flounder

By Toby Sterling, Christoph Steitz and Hakan Ersen AMSTERDAM/FRANKFURT (Reuters) - Wolfspeed has delayed plans to build a $3 billion plant in Germany, highlighting the European Union's struggle to

EU electric car sales drop in May as German demand slumps, industry says

By Alessandro Parodi and Greta Rosen Fondahn (Reuters) - Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from

Tencent’s ‘Dungeon & Fighter’ game pulled from some Android app stores

By Liam Mo and Casey Hall BEIJING (Reuters) - Tencent is removing from Thursday its hit mobile game "Dungeon & Fighter" (DnF Mobile) from selected Android app stores as its contracts have expired, the

SoftBank’s Son: will ramp up US power business for generative AI

TOKYO (Reuters) - Japan's SoftBank Group will ramp up its power generation business primarily in the United States to supply power to generative artificial intelligence projects worldwide, founder

China’s Dida to raise up to $35 million in Hong Kong IPO

By Scott Murdoch SYDNEY (Reuters) - Chinese ride-share app operator Dida has launched a Hong Kong initial public offering (IPO) to raise up to HK$273.7 million ($35.06 million), regulatory filings

CDK Global investigating cyber incident, briefly shut all systems

(Reuters) - Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut down all its systems proactively, it said on Wednesday. The company, which

UK takes top spot in Europe for GenAI startups, Accel says

By Supantha Mukherjee STOCKHOLM (Reuters) - The United Kingdom is home to the biggest number of generative AI (GenAI) startups across Europe and Israel, followed by Germany and Israel, according to a

Brazil’s CBMM starts testing ultra-fast charging batteries in Volkswagen bus

By Marta Nogueira RIO DE JANEIRO (Reuters) - Brazilian miner CBMM has started to test on Volkswagen electric trucks a niobium-based battery that it claims can be charged way faster than the others in

On Camera

Union Budget is not corporate India’s wishlist. Tax breaks can’t solely drive profit

The incidence of GST is higher on the poor than rich. The public would be better off pushing for faster timelines for this rather than making plaintive appeals for income tax reductions.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

Amid tensions with China, Philippines says BrahMos a ‘credible defence’

At interaction in Delhi Monday, Ambassador of Philippines also highlighted talks over possibility of high-level delegation visit later this year to mark 75 yrs of diplomatic ties.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.