China’s dominance in the electric vehicle (EV) market has propelled its rise to the forefront of the global automotive industry. This rapid growth, supported by government incentives, local investments, and …
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Companies
Apple has committed to a significant expansion of its U.S. supply chain through a new multi-year partnership with Broadcom, involving an investment of over $30 billion to produce more than …
LG Electronics achieved its best-ever financial results for the second quarter, propelled by strong demand in its home appliances, vehicle components, and HVAC systems sectors. The company announced a preliminary …
The European Union has implemented a new €3 ($3.40) customs handling fee for low-value e-commerce parcels arriving from outside its borders. This move targets overseas platforms such as Shein, Temu, …
Chinese steel manufacturer Jingye has launched formal proceedings to seek compensation from the UK government after the nationalisation of British Steel’s Scunthorpe plant. This move follows unsuccessful negotiations over financial …
EasyJet is considering a potential takeover bid from Castlelake, a U.S.-based investment firm, which the airline has labeled as “highly opportunistic.” EasyJet argues that its current share price does not …
A new electric vehicle brand named EMTA has been launched, targeting the Japanese market with its inaugural model set for release in 2027. This venture is a collaboration between Japanese …
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 …