On Friday, Ford Motor announced its intention to reopen an export-oriented manufacturing facility in Tamil Nadu, India. The company might reenter a market it exited three…
Browsing: Business
The investment management division of American insurer Prudential Financial, PGIM, said on Thursday that it has opened an office in Abu Dhabi. This money manager is…
Inditex, the owner of Zara, announced on Wednesday that sales of its first autumn/winter collections have recently increased. This growth has offset a slight revenue decline…
Asia’s largest corn exporter is becoming a net importer for the first time in decades due to the growing demand for ethanol production. This shift is…
Airbnb requested on Tuesday that New York City review its restrictions regarding short-term rentals, which come into force in September 2023. The company cited increasing travel…
China’s biggest state-owned airlines reported losses in the first half of the year. They faced a slower-than-anticipated resurgence in foreign travel, local oversupply, and increased rivalry…
Tesla contacted Ottawa and requested a lower tariff on its cars. This request came before Canada announced a 100% duty on electric vehicles built in China,…
Following a decline in U.S. after-hours trading, the shares of Nvidia fell 7% in Frankfurt on Thursday. This was due to the AI-bellwether’s quarterly predictions falling…
Walmart is now unloading its $3.74 billion stake in JD.com, once key to its China strategy, highlighting its shifting approach. The unshackling from JD.com highlights the…
Britain’s Revolut, valued at $45 billion through a share sale, surpasses some of Europe’s largest banks, the firm announced Friday. Revolut stated that Coatue, D1 Capital…