STORY: Tesla is ramping up again in Shanghai. Two Reuters sources say the firm’s factory there is back to nearly 70% of its pre-lockdown output. Shanghai has faced two months of city-wide restrictions ... ( read original story ...)
Tesla’s Shanghai factory adds back second shift, restoring manufacturing capacity to level before citywide lockdown: sources
The Giga Shanghai has been running with two shifts a day since late last week, according to people familiar with the situation Tesla has lost about 50,000 vehicles in production due to reduced shifts ... ( read original story ...)
U.S. stock futures rise in holiday trade as Shanghai sets reopening plans
U.S. stock futures rose on Monday in light holiday volume, helped by the world's number-two economy planning to lift some restrictions as it fights ... ( read original story ...)
Global Stocks, U.S. Futures Move Higher on Memorial Day—and What Else Is Happening in the Stock Market Today
Global stocks and U.S. futures rose on Monday amid a quiet day for markets due to the Memorial Day Holiday. Investor sentiment was buoyed by fresh stimulus in China and the easing of disruptive ... ( read original story ...)
Hong Kong stocks rise to 4-week high with gains in Meituan, Li Ning as Shanghai prepares to exit lockdown
Stock recovery continues as Shanghai prepares to reopen its economy after two months of lockdown. Earnings spotlight falls on Meituan this week after uplifting reports from Alibaba and Baidu. ( read original story ...)
Easing of Shanghai lockdown buoys FTSE 100
British stocks rose at the start of the short trading week as the prospect of Covid-19 curbs being eased in Shanghai in a few days lifted optimism among inve ... ( read original story ...)
China: COVID-19 curbs on business establishments in Shanghai to be lifted
Beijing: The Chinese authorities have announced that the lockdown restrictions imposed due to recent surge in Covid-19 cases on businesses in Shanghai, its biggest city, will be lifted from Wednesday. ( read original story ...)