BYD on track to top 2024 sales goal and outsell Ford, Honda
SHANGHAI/BEIJING (Reuters) – China’s top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its…
Category: Business
Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says
(Reuters) – Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety,…
Newmont lays off nearly a dozen managers, plans to merger businesses, Bloomberg News reports
(Reuters) – Gold miner Newmont let go of nearly a dozen managers, including a member of its executive team, as…
Allianz wants to redistribute three quarters of profit to shareholders
MUNICH, Germany (Reuters) – Germany’s Allianz said on Monday it plans to distribute at least three-quarters of its net profit…
Allianz, Amundi stop talks over combining asset management businesses, source says
MUNICH (Reuters) – Allianz and Amundi have paused discussions about combining their asset management businesses into a European investment giant…
EV maker VinFast to build second production plant in Vietnam
HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production…
Ant Group’s President Han to become CEO in March; Jing to stay as chairman
By Kanjyik Ghosh (Reuters) -The president and financial chief of China’s Ant Group, Cyril Han, will take over from Eric…
Oracle Earnings Preview: Will Innovation and Growth Propel ORCL Higher?
Oracle Earnings Preview: Will Innovation and Growth Propel ORCL Higher? As Oracle Corporation (NYSE: ORCL) prepares to release its second-quarter…
Boeing’s top lobbyist departing planemaker, CEO says
By David Shepardson WASHINGTON (Reuters) -Boeing’s head of government affairs and top lobbyist is leaving effective immediately, the planemaker’s CEO…
US clears export of advanced AI chips to UAE under Microsoft deal, Axios says
(Reuters) -The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United…