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…
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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 agreement”…
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…
On Thursday, Nike (NKE.N) announced that it will cut approximately 2% of its total workforce, or more than 1,600 jobs. This decision comes as the sportswear…
Pfizer (PFE.N) has agreed to pay $93 million to settle antitrust claims filed by wholesale drug distributors. The distributors accused Pfizer of conspiring with India’s Ranbaxy…
Airbnb (ABNB.O) raised its first-quarter revenue forecast on Tuesday, citing strong cross-border travel and longer-duration bookings.This year, with the improvement of global air connectivity, international travel…