US Automakers Race to Build more Hybrids as EV Sales Slow

DETROIT, March 15 Reuters As U.S. sales of gaselectric hybrid vehicles surge and electricvehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between allcombustion and allelectric is a durable trend. Automakers and suppliers are adding capacity to build gasolineelectric hybrid and plugin hybrid vehicles for the U.S. market, responding to increased […]
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Adobe Shares Fall as Downbeat Forecast Fans Worries about Competition, AI Efforts

March 15 Reuters Adobe shares fell 12 on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company39;s creative suite including Photoshop and disappointed investors hoping for a boost from AI integration. The company expects about 440 million in net new annual recurring revenue for the digital media segment, which houses its […]
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Chinas JD.com Walks Away from Offer for Britains Currys

JD.com said last month it was evaluating bid Elliott Advisors abandoned offer on Monday Currys shares down 5 LONDON, March 15 Reuters Chinabased online retailer JD.com said on Friday it would not make an offer for British electricals group Currys, days after U.S. investor Elliott Advisors walked away. Shares in Currys, which slumped to a session […]
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Nissan Considering Partnership with Honda on EVs Sources

TOKYO, March 15 Reuters Nissan Motor is considering seeking a business partnership with Honda Motor on key components for electric vehicles to cut production costs, three people familiar with the matter at Nissan said. The potential partnership with domestic rival Honda will help Nissan gain scale, which is crucial for Japanese automakers as they face heavy competition […]
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Samsung CT Shares Fall amid Test of S.Koreas Corporate Reform Push

SEOUL, March 15 Reuters Shares in South Korea39;s Samsung CT fell by 10 on Friday after shareholders defeated a proposal by activist funds to lift dividend payouts, disappointing investors amid a government push to lift the value of Seoullisted companies. Samsung CT is the Samsung conglomerate39;s defacto holding company, with Samsung Electronics Chairman Jay Y. Lee the […]
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