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Xiaomi’s first EV to go on sale at starting price of 215,900 yuan

BEIJING (Reuters) - Xiaomi's highly anticipated electric vehicle (EV) will go on sale at a starting price of 215,900 yuan ($29,869.54), the Chinese smartphone company said as it announced the launch

Sam Bankman-Fried arrives in court for sentencing over FTX fraud

By Luc Cohen and Jody Godoy NEW YORK (Reuters) - The judge who will sentence Sam Bankman-Fried on Thursday rejected the former billionaire cryptocurrency wunderkind's argument that customers of the

Sam Bankman-Fried’s sentencing hearing over FTX fraud begins

By Luc Cohen and Jody Godoy NEW YORK (Reuters) - The judge who will sentence Sam Bankman-Fried on Thursday rejected the former billionaire cryptocurrency wunderkind's argument that customers of the

Xiaomi enters challenging Chinese auto market with $29,870 electric car

By Sarah Wu and Yelin Mo BEIJING (Reuters) -Xiaomi kicked off sales of its electric car on Thursday, with the Chinese smartphone company pricing its SU7 at 215,900 to 299,900 yuan ($29,870-$41,493) as

Judge at Sam Bankman-Fried sentencing rejects argument that FTX customers lost no money

By Luc Cohen and Jody Godoy NEW YORK (Reuters) - The judge who will sentence Sam Bankman-Fried on Thursday rejected the former billionaire cryptocurrency wunderkind's argument that customers of the

Dutch will spend $2.7 billion on “Operation Beethoven” to keep ASML

By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Thursday said it would spend 2.5 billion euros ($2.7 billion) to improve the Eindhoven region to ensure the country's largest company ASML

Exclusive-China commerce minister to head to Europe to make EV case

PARIS/SHANGHAI (Reuters) - China's commerce minister will travel to Europe in April for discussions about the European Commission's investigation into whether China's electric vehicle industry has

Xiaomi set for plunge into EVs at a tricky time for China autos

By Sarah Wu and Yelin Mo BEIJING (Reuters) - China's Xiaomi will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking orders, marking the

Italy’s Azimut to create fintech bank through spin-off and listing

MILAN (Reuters) - Italian asset manager Azimut Holding plans to increase the value of its business by spinning off part of its network of financial advisers and merging it into a new digital bank to

Dutch government to launch plan to keep ASML in Netherlands

By Toby Sterling AMSTERDAM (Reuters) - The Dutch government is expected to lay out initial plans on Thursday to keep the country's largest company ASML, from moving operations outside the Netherlands

On Camera

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.