Amidst a fierce price war, China’s Xiaomi announced on Tuesday that it will start shipping its inaugural electric car (EV), the model SU7, this month. Furthermore,…
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Opening new locations is back in trend for several US retail chains. Executives at numerous big retailers have recently praised the chains’ efforts to win market…
On Monday, JetBlue Airways (JBLU.O) and Spirit Airlines (SAVE.N) terminated their $3.8 billion merger agreement. The decision was made as they found no viable alternative after…
China’s largest electric vehicle (EV) producer, BYD (002594.SZ), unveiled a new version of its best-selling car on Monday. The release comes at a lower price than…
On Thursday, Volkswagen and Chinese electric vehicle (EV) partner XPeng announced their first collaboration. They will jointly source parts to develop an SUV. Announcing a “master…
On Wednesday, the head of the Federal Aviation Administration announced that Boeing must formulate a comprehensive plan to address “systemic quality-control issues” within the next 90…
On Wednesday, Polestar announced securing a $950 million loan from a bank syndicate, filling a gap left by Volvo Cars’ decision to cease funding the electric…
Boehringer Ingelheim, a German drugmaker, expressed its aspiration to launch survodutide, a drug candidate co-developed with Zealand Pharma (ZELA.CO), with the potential to treat obesity and…
On Monday, General Motors (GM) expanded its presence in the European market by unveiling its luxury electric Cadillac Lyriq in France. The move comes as the…
On Tuesday, the Australian Competition Tribunal granted approval for ANZ Group’s acquisition of Suncorp’s banking business, valued at A$4.9 billion ($3.2 billion). This decision enables the…