BENGALURU (Reuters) – Indian conglomerate Reliance Industries delayed the launch of a low-cost smartphone it is developing with Google to November, citing an industry-wide semiconductor shortage. The “ultra-affordable” smartphone, developed jointly by Reliance’s telecom arm and Google, was set to be rolled out from Sept. 10. Companies globally are tackling […]
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(Reuters) – Applied Materials on Wednesday released two new tools aimed at improving the efficiency of making a new class of chips for electric vehicles. Applied is the world’s largest maker of tools for making semiconductors. The machines announced on Wednesday are designed for chips made from a material called […]
(Refiles to fix name in fourth paragraph to Coffee 01) MUNICH (Reuters) – Great Wall Motor will launch an electric compact car and a plug-in hybrid SUV in Europe in 2022, it said on Monday, joining a growing number of Chinese carmakers trying their luck on the continent with low […]
BEIJING (Reuters) – China’s Vice Premier Liu He said on Monday policies supporting the private sector would not change, state media reported, amid growing concern a crackdown on a wide range of industries was hurting businesses. Liu said “guidelines and policies for supporting the private economy have not changed…and will […]
SHANGHAI (Reuters) – Chinese smartphone giant Xiaomi Corp said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector. The new unit, to be called Xiaomi EV Inc, opened with registered capital of 10 billion […]
Newsflash for investing newbies: You don’t need a PhD in finance to start saving for retirement or other long-term goals. But you can’t rely on beginner’s luck, either. You need to learn and implement some basic investing concepts. Keep it simple. Even acing “Investing 101” strategies will help you […]