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US stops granting export licenses to Chinese Huawei – sources

Jan 30 (Reuters) - The Biden administration has stopped approving licenses allowing U.S. companies to export most items to China's Huawei, according to three people familiar with the matter.Huawei has faced U.S. export restrictions...

Tesla’s delivery time is longer on some Chinese models after discounts

SHANGHAI, Jan 9 (Reuters) - Potential buyers of Tesla Inc (TSLA.O) in China are waiting longer for some versions of its Model Y car, suggesting the electric vehicle maker's decision to cut prices is...

Tesla owners in China protest surprise price cuts they missed

SHANGHAI, Jan 7 (Reuters) - Hundreds of Tesla (TSLA.O) owners gathered at the automaker's showrooms and distribution centers in China over the weekend, demanding discounts and credits after sudden price drops which they said...

U.S. Judge Says Celsius Network Holds Most Client Crypto Deposits

Jan 4 (Reuters) - A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency customers deposit on its online platform, meaning most Celsius customers will be the latest in...

Oil plunges 3.5% as trade rattles on concerns over China and the global economy

HOUSTON, Jan 3 (Reuters) - Oil prices fell 3.5% in volatile trade on Tuesday, under pressure from weak Chinese demand, a lackluster economic outlook and a stronger U.S. dollar.Brent crude futures for March delivery...

China’s Huawei sees business as usual as impact of US sanctions wanes

SHANGHAI, Dec 30 (Reuters) - Chinese tech giant Huawei Technologies Co Ltd (HWT.UL) estimated on Friday that its 2022 revenue was flat, suggesting that a drop in sales due to U.S. sanctions will s...

Taiwan fines Foxconn for unauthorized investment in China

TAIPEI, Dec 17 (Reuters) - The Taiwanese government said on Saturday it would fine Foxconn (2317.TW), the world's biggest contract electronics maker, for an unauthorized investment in a Chinese chipmaker , even after the...

Musk delivers first Tesla truck, but no updates on production, pricing

Tesla ships first Semi to PepsiCo five years after unveiling itNo details on electric truck controls or capacitySemi uses existing Tesla motors to come up with a new SuperchargerDec 1 (Reuters) - Tesla Inc's...

Foxconn woes will weigh heavier on China’s giant iPhone factory as more workers leave...

November shipments from Foxconn's Zhengzhou plant to drop further - sourceWorkers' discontent at the factory turned into protests this weekMore than 20,000 workers, mostly new recruits, left - sourceTAIPEI, Nov 25 (Reuters) - Foxconn's...

Sony to expand Chinese games incubator head-to-head with Microsoft

HONG KONG, Nov 23 (Reuters) - Sony Group Corp (6758.T) has announced plans to expand a program to identify and incubate games made in China, in a race with Microsoft Corp (MSFT.O) to exploit...

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