In a statement China Evergrande New Energy Vehicle Group said, it will start accepting orders for its Hengchi 5 electric sport utility vehicle, “imminently”; to this end it will open sales centres in 15 major cities across the country. The company… Read More ›
In a tweet, Elon Musk said, he is giving some “serious thought” on building a new social media platform. This was in response to a Twitter user’s question on whether he would consider building a social media platform based on… Read More ›
In a statement Vitesco‘s Chief Executive Andreas Wolf said, the company had received a $2.20 billion (2 billion euros) order to produce a component for electric vehicles (EVs). Wolf did not name the client. Last year the company had forecast… Read More ›
Late on Sunday, Russian energy giant Gazprom said, supply of liquid natural gas to Europe via Ukraine in line with requests from European consumers is continuing. LNG requests stood at 109.6 million cubic metres (mcm) for March 27, slightly up from… Read More ›
In a significant development, the British police have arrested 7 people following a series of hacks by the Lapsus$ hacking group which targeted companies including Microsoft Corp and Okta Inc. The authentication services of San Francisco-based Okta Inc are used by… Read More ›
Late on Sunday, German Chancellor Olaf Scholz said, Germany is considering purchasing a missile defense system to shield against a potential Russian attack. “This is certainly one of the issues we are discussing, and for good reason,” said Scholz. He… Read More ›
According to data revealed recently, Russians have hurried to stock up on antidepressants, sleeping pills, and contraceptives, among other things, since the conflict in Ukraine began, with many purchasing a month’s worth of medicine in just two weeks. Although official… Read More ›
An industry association warned on Friday that Russia is looking to China, India, Iran, and Turkey to fill the void left by the exit of western retail corporations, as Moscow struggles to find methods to counteract its growing isolation in… Read More ›
The United States and the European Union have struck a big agreement on liquefied natural gas in an effort to reduce Europe’s reliance on Russian energy. The agreement calls for the US to supply the EU with additional gas by… Read More ›
In the United States, fewer people applied for unemployment benefits last week than at any other period since 1969. According to the Labor Department, only 187,000 people filed for jobless benefits. This was a decrease of approximately 28,000 from the… Read More ›
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