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…
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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 retailer’s…
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 Partners,…
Ola Electric surged 20%, reaching a $6.99 billion valuation, after launching motorcycles and promising lower costs with in-house batteries.The e-motorcycle launch will heighten competition in India’s…
Mars is acquiring Cheez-It maker Kellanova for $36 billion, uniting brands like M&M’s, Snickers, Pringles, and Pop-Tarts.Mars will pay $83.50 per Kellanova share, a 33% premium…
Ola Electric Mobility’s shares rose 20% on debut, valuing it at $4.8 billion, as investors anticipate growth in electric vehicles.The stock listed flat at 76 rupees…
On Friday, the Sweden-based automaker reported a 6% year-over-year increase in Volvo Cars’ July sales, reaching 57,447 units. This rise was primarily driven by a surge…
A merchant involved in the protest told Reuters that hundreds of Chinese vendors on Temu have complained against what they consider to be excessively large fines…
Toyota’s global production fell in June, marking the fifth consecutive month due to a home market scandal and China’s price war.Japan’s top automaker’s global output fell…
According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery plant in the…