Lucid Group (LCID.O) partners with Bolt to develop and deploy autonomous mobility services.

Japan has finalised a tax reform outline that cuts the food consumption tax from 8% to 1% effective next April, the first consumption-tax reduction since the levy was introduced in 1989. Meiji University economist Kobayashi said the cabinet’s policy risks increasing the public burden, noting consumption tax is a long-standing key revenue source for social welfare and that an easy tax cut could erode fiscal receipts and jeopardize social-security stability.

Infineon CEO said Infineon's headcount in India rose 28% over the past year.