Tesla considering lithium refinery in Texas, seeks tax relief

The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, US, April 26, 2021. REUTERS / Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Tesla Inc (TSLA.O) is considering setting up a lithium refinery on the gulf coast of Texas, as it … Read more

Arm sues Qualcomm, aiming to unwind Qualcomm’s $ 1.4 bln Nuvia purchase

Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS / Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Aug 31 (Reuters) – Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), on Wednesday said it had sued Qualcomm … Read more

Indian billionaire Adani seeks to control NDTV; media group says move without consent

India’s richest man, Adani, seeks to expand media business NDTV says Adani unit moved without its consent Adani takeover may not be friendly -legal expert Deal to buy NDTV could heat up competition among billionaires BENGALURU, Aug 23 (Reuters) – Indian billionaire Gautam Adani’s conglomerate on Tuesday said it seeks to control a majority stake … Read more

Musk seeks documents from Jack Dorsey in fight over Twitter deal

WILMINGTON, Del., Aug 22 (Reuters) – Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc (TWTR.N) co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $ 44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s … Read more

Wide-body jet demand humming again as Boeing 787 rejoins the fray

The Boeing 787-10 Dreamliner sits on the tarmac before a delivery ceremony to Singapore Airlines at the Boeing South Carolina Plant in North Charleston, South Carolina, United States March 25, 2018. REUTERS / Randall Hill Register now for FREE unlimited access to Reuters.com Register Demand for long-haul jets rising after prolonged downturn Saudi Arabia discussing … Read more

With Alibaba stake cut, SoftBank’s Son cools toward China tech

A journalist raises her hand to ask a question to Japan’s SoftBank Group Corp Chief Executive Masayoshi Son during a news conference in Tokyo, Japan, November 5, 2018. REUTERS / Kim Kyung-Hoon / File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – SoftBank Group Corp’s (9984.T) decision to … Read more

SoftBank’s Alibaba sale could end breakup taboo

Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS / Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 10 (Reuters Breakingviews) – Masayoshi Son is thinking the unthinkable at SoftBank Group (9984.T). His $ 63 billion technology and telecom empire … Read more

SoftBank plans Vision Fund job cuts after record net loss

SoftBank was in a bubble on valuations- Son No sacred areas for cost cuts- Son SoftBank has exited stake in Uber Announced Y400 bln share buyback TOKYO, Aug 8 (Reuters) – SoftBank Group Corp (9984.T) is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on Monday, after a … Read more

Berkshire Hathaway posts massive $ 43.8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS / Scott Morgan // File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide … Read more