By Tim Hepher
PARIS (Reuters) - Europe's Airbus on Wednesday highlighted the impact of growing trade tensions after Europe followed the United States in increasing tariffs on Chinese electric vehicles.
Asked to comment on a European Commission decision to impose extra duties of up to 38.1%, a spokesperson for the world's largest jetmaker did not comment directly on the move but said that trade tensions were challenging for global... (continue reading...)
WASHINGTON (Reuters) - The National Highway Traffic Safety Administration said Wednesday it is seeking additional details about a series incidents that raise concerns about the performance of Alphabet's Waymo self-driving vehicles.
In May, the U.S. auto safety regulator opened an investigation after 22 reports of its robotaxis exhibiting driving behavior that potentially violated traffic safety laws, or demonstrating other "unexpected behavior,"... (continue reading...)
(Reuters) - Investors will vote on Tesla CEO Elon Musk's $56-billion compensation package and the company's reincorporation in Texas, from Delaware, at a consequential shareholder meeting this week.
Analysts have flagged risk of the billionaire potentially leaving the electric-vehicle maker and prioritizing artificial intelligence startup xAI and social media platform X if the pay package does not pass.
Here are some institutional... (continue reading...)
(Reuters) - Crypto firm Terraform Labs has agreed to pay $4.47 billion to resolve a lawsuit filed by the Securities and Exchange Commission, the regulator said on Wednesday.
(Reporting by Niket Nishant in Bengaluru; Editing by Anil D'Silva)
By Ricardo Brito
BRASILIA (Reuters) - Brazil's federal police have formally accused Communications Minister Juscelino Filho of passive corruption and other crimes, sources said on Wednesday, making him the first member of President Luiz Inacio Lula da Silva's current cabinet to face such allegations.
Police investigated Filho in a probe of alleged corruption at Codevasf, a government-linked development agency for the Sao Francisco and... (continue reading...)
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