China has rapidly ascended to become the world’s largest market for electric vehicles, propelling the growth of key companies and reshaping the global automotive landscape. This rapid expansion, however, has …
Companies
Apple has unveiled a significant collaboration with Broadcom, committing over $30 billion to boost semiconductor production in the United States by manufacturing more than 15 billion chips. This strategic move …
LG Electronics has achieved its highest-ever financial performance for the second quarter, fueled by strong demand across several of its key business sectors, including home appliances, vehicle components, and HVAC …
The European Union has implemented a new customs handling fee of €3 ($3.40) on low-value e-commerce parcels entering its territory. This fee, which targets imports from popular overseas platforms like …
Jingye, a prominent Chinese steel manufacturer, has taken steps to seek compensation from the UK government after the nationalisation of the British Steel plant in Scunthorpe. The company has launched …
EasyJet is confronting a potential takeover bid from the U.S. investment firm Castlelake, labeling the approach as “highly opportunistic” due to what it believes is an undervaluation of its shares. …
A new electric vehicle brand, EMTA, is set to debut in Japan through a collaboration between Japanese automotive companies and China’s Chery Automobile. EMT Co., based in Yokohama, announced that …
Sony has confirmed that a new pricing structure for the PlayStation 5 will be implemented on April 2. The standard console will rise to $649.99, while the digital edition will …
The financial and energy worlds are on high alert as Shell and BlackRock warn that $150 oil is becoming a realistic scenario. The persistence of threats to shipping in the …
China continues to hold its position as the world’s leading vehicle exporter, but the strategy behind the numbers is changing. Instead of just increasing shipments, automakers are focusing on “going …