Xiaomi, the Chinese smartphone and electric vehicle maker (1810.HK), plans significant investment in chip design. The company will invest “at least 50 billion yuan ($6.93 billion)…
Browsing: #BUSINESS
Hugo Boss, a German fashion group, reported better-than-expected quarterly revenue on Tuesday. They also maintained their full-year forecast despite increased macroeconomic uncertainties. The company posted first-quarter…
Ford Motor suspended its annual guidance due to uncertainty surrounding Donald Trump’s tariffs. The levies will cost the company about $1.5 billion in adjusted earnings before…
Aston Martin will split the costs from U.S. tariffs with its customers. The company will also sell down its U.S. inventory while limiting shipments there. CEO…
Zara, the Inditex-owned (ITX.MC) fast-fashion retailer, opened a new Asia flagship store in Nanjing, China. Zara calls it a “new-style” store. The company is cutting underperforming…
Tokyo, January 6 – Mazda Motor announced on Monday that it will establish a new facility to produce module packs for automotive cylindrical lithium-ion battery cells.…
Honda and Nissan are in discussions to strengthen their partnership, which may include a potential merger, according to two sources on Wednesday. This development highlights how…
Ecoma, an innovative brand redefining sustainable parenting, proudly announces its launch in the UAE with an exclusive line of eco-friendly, plant-based diapers. Designed to provide unmatched…
Biesse, a global leader in woodworking machinery and manufacturer of integrated lines and machines to process wood, glass, stone, plastic, and composite materials, has achieved the…
Milan, November 14 – Italy’s antitrust authority, AGCM, announced on Thursday that it has closed a case against Ryanair. The low-cost airline agreed to refund over…