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BYD plans European center in Hungary, to create 2,000 jobs

BYD plans European center in Hungary, to create 2,000 jobs

Investing.com -- Chinese electric vehicle manufacturer BYD (SZ:002594) plans to set up a European center in Hungary, according to the company’s CEO and President Wang Chuanfu. The announcement was made on Thursday at a press conference alongside Hungarian Prime Minister Viktor Orban in Budapest.The new center will serve three primary functions: it will act as a hub for sales and after-sales serv ...

2025-05-16 03:58:15
World’s first commercial-scale e-methanol plant opens in Denmark

World’s first commercial-scale e-methanol plant opens in Denmark

By Isabelle Yr Carlsson COPENHAGEN (Reuters) - The world’s first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk set to buy part of the production as a low-emission fuel for its fleet of container ships. The shipping sector is under pressure to find new sources of fuel after a majority of countries gave their backing to measures to help meet t ...

2025-05-16 03:57:15
Southwest Airlines likely to pay 1 cent to end DEI-related lawsuit

Southwest Airlines likely to pay 1 cent to end DEI-related lawsuit

By Jonathan Stempel (Reuters) - A U.S. judge signaled he will order Southwest Airlines (NYSE:LUV) to pay 1 cent to end a lawsuit by a conservative group alleging that a now-defunct program awarding free flights to Hispanic college students was discriminatory. U.S. District Judge Sidney Fitzwater on Wednesday rejected a request by Edward Blum’s American Alliance for Equal Rights to address the me ...

2025-05-16 03:56:09
U.S. lawmakers introduce bill to address AI chip smuggling

U.S. lawmakers introduce bill to address AI chip smuggling

(This story has been corrected to reflect that Rep. Bill Huizenga is introducing the bill and Rep. Bill Foster is a co-lead, in paragraphs 3 and 5) By Stephen Nellis SAN FRANCISCO (Reuters) - A bipartisan group of eight U.S. lawmakers introduced a bill on Thursday that would require makers of artificial intelligence chips such as Nvidia (NASDAQ:NVDA) to include technology to verify the location of ...

2025-05-16 03:54:44