(Reuters) - Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas facility, the San Antonio Express-News reported citing public record filings on Tuesday.
The Japanese automaker plans to construct a new building, add 411 jobs and potentially expand its existing plant in San Antonio, Texas that manufactures the Toyota Tundra pickup truck and Sequoia SUV, the report said.
Major... (continue reading...)
(Reuters) - Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.
Chevron last October offered to acquire Hess in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields. However, the deal has been stalled due to a conflict with Exxon Mobil and pending regulatory approval by the Federal Trade Commission.
All three lawsuits seek to further... (continue reading...)
(Reuters) - Amazon.com's cloud services unit has paused orders of Nvidia's most advanced "superchip" to wait for a more powerful new model, the Financial Times reported on Tuesday.
The new model called Blackwell, the chip sector heavyweight's new flagship AI processor, is expected to ship later this year, Nvidia said in March.
Amazon Web Services, the world's largest cloud services firm, had "fully transitioned" its previous orders for... (continue reading...)
(Reuters) - Slovakia's parliament returned to work on Tuesday after adjourning in the wake of an assassination attempt on Prime Minister Robert Fico, with the government coalition signalling its contested policy agenda remained on track.
Fico is recovering and no longer in immediate danger after being hit by four bullets last week, in the first major assassination attempt on a European political leader for more than 20 years.
The incident... (continue reading...)
By Alvise Armellini
VATICAN CITY (Reuters) - The Vatican would like to establish a permanent office in China in what would be a major upgrade of diplomatic relations with Beijing, Cardinal Secretary of State Pietro Parolin said on Tuesday.
Relations between the Vatican and communist China have historically been fraught, but Pope Francis has made it a priority to normalise them, building on a landmark 2018 pact on appointing bishops.
... (continue reading...)More Reuters
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