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Microsoft warns of forex hit, cuts forecast

By Nivedita Balu and Yuvraj Malik (Reuters) – Microsoft Corp (NASDAQ:MSFT) on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to warn of a hit.

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Elon Musk says Tesla AI Day pushed to Sept 30

(Reuters) – Electric vehicle major Tesla (NASDAQ:TSLA) Inc Chief Executive Officer Elon Musk said on Thursday that Tesla’s AI Day has now been pushed to Sept. 30. “Tesla AI Day.

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Indonesia raises 81 billion yen from Samurai bond sale

JAKARTA (Reuters) – Indonesia has raised 81 billion yen ($624.18 million) from a Samurai bond sale of three- to 10-year maturities, with proceeds to be used to help plug a.

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GM’s Cruise wins first California permit to carry paying riders in driverless cars

By Paresh Dave OAKLAND, Calif. (Reuters) -General Motors Co’s Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San Francisco, after.

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Wall Street ends sharply higher, led by Tesla and Nvidia

By Noel Randewich and Anisha Sircar (Reuters) – Wall Street ended sharply higher on Thursday, led by Tesla (NASDAQ:TSLA), Nvidia (NASDAQ:NVDA) and other megacap growth stocks in a choppy session.

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Ford to invest $3.7 billion for production of EVs, gas-powered vehicles

By Ben Klayman and David Shepardson DETROIT/WASHINGTON (Reuters) -Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of.

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Asian Stocks Down Over Central Banks’ Hawkish Messages, JP Morgan Economy Warning

By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Thursday morning, as central banks’ recent messages amplified a hawkish tone, and JPMorgan Chase & Co. (NYSE:JPM) CEO.

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What is ONDC, India’s project for an open e-commerce network?

NEW DELHI (Reuters) – India’s government in April launched its Open Network For Digital Commerce (ONDC) as a prospective alternative to dominant global giants Amazon.com (NASDAQ:AMZN) and Walmart (NYSE:WMT) in.

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China EV startups say May sales up, post-lockdown output constrained

(Reuters) – China’s electric vehicle start-ups reported stronger sales for May and forecast continued gains for June as supply chains and output begin to recover from the disruption of COVID-19.

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Facebook-owner Meta Platforms’ Sheryl Sandberg to leave after 14 years

By Katie Paul (Reuters) -Meta Platforms Inc Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world’s biggest social network,.

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