On Monday, in a joint statement, Toyota Motor Corp and Panasonic Corp stated, they have agreed to set up a joint venture which will specialize in producing prismatic electric vehicle batteries. Prismatic electric vehicle batteries developed by the joint venture… Read More ›
On Monday, Huawei Technologies Co Ltd stated, production at its consumer devices and carrier equipment divisions have resumed and are working normally. Huawei is among other Chinese tech companies who are continuing to keep their factories running despite the Chinese… Read More ›
On Monday, China’s commodity and stock markets fell steeply in the first trading session after an extended Lunar New Year break, with investors dumping risky assets in response to heightened fears over the outbreak of the coronavirus across China. The… Read More ›
In a statement WeWork said, it has named real estate industry veteran Sandeep Mathrani as its new chief executive. Mathrani is set to join WeWork as the CEO from February 18, 2020 and will report to Marcelo Claure, who will… Read More ›
On Friday, two sources familiar with the matter at hand have disclosed, EssilorLuxottica’s $8 billion (7.2 billion euro) bid to acquire Dutch GrandVision will face a full-scale EU antitrust investigation, following the latter declining to offer concessions during an initial… Read More ›
While the global financial markets have been spooked by the rate of spread of the novel coronavirus, which originated in China, the energy companies and markets are still trying to assess the economic impact this outbreak could have. Since its… Read More ›
Tesla has posted its second quarterly profit in a row following a record number of vehicle deliveries; it said it expects to deliver more than 500,000 units in 2020. With the news reaching the market on Wednesday, the electric carmaker’s… Read More ›
In a report, the Financial Times said citing sources, Ralf Speth, Jaguar Land Rover’s Chief Executive Officer is scheduled to step down later this year in September when his contract ends; he will continue to remain in the company at… Read More ›
The very fast spreading of the coronavirus in China has forced the Chinese government take the unprecedented measure of extending the Lunar New Year holiday by as much as a week in some cases as well as the step of… Read More ›
According to the claims of a new report, the workers who are participating in the gig economy are being forced to devote ever-more time on the platforms of companies such as Uber and Deliveroo to maintain financial stability even though… Read More ›
