According to a five-year investment plan presented by management to the supervisory board on Friday, Volkswagen will accelerate its transition to electric vehicles and rethink its software strategy. Without going

According to two sources, India’s market regulator is looking into Adani Group’s ties to some of the investors in the conglomerate’s failed $2.5 billion share sale, as New Delhi grows

According to a report by analysts, the UK based chip technology company Arm Ltd’s growth in the global PC market decelerated in the fourth quarter of 2022, while almost a

In order to offset rising input costs, Unilever Plc said on Thursday that it would hike prices for its packaged foods, detergents, and soaps while reducing them in the second

Ignasi Biosca-Reig immediately added shifts at his pharmaceutical company’s factories to increase production of the well-known antibiotic when he learned there were shortages of amoxicillin in Spain. But he could

Chinese state media warned against the risks of chasing regional ChatGPT-concept stock prices on Thursday, while domestic artificial intelligence (AI) firms urged investors to exercise caution after their skyrocketing share

According to retailers, consumer goods companies, and investors, shoppers around the world will pay even more for groceries this year than they did in 2022, unless commodity costs fall or

Pharmaceutical companies that made billions selling vaccines and treatments during the pandemic are now facing a steep COVID cliff and investor pressure to spend their windfalls wisely. Pfizer Inc, BioNTech

After a difficult 2022 in which advertising-dependent companies faced shrinking budgets and plummeting stock prices, fourth-quarter results from Alphabet, Meta Platforms, and Snap revealed that they were not yet out

When Hindenburg Research disclosed a short position in Adani Group last week, some US investors expressed interest in the actual mechanics of its trade, because Indian securities laws make it

OpenAI, the maker of the popular chatbot ChatGTP, announced the release of a software tool to identify text generated by artificial intelligence in a blog post on Wednesday. ChatGPT is

Advanced Micro Devices Inc, a US chipmaker, reported revenue that exceeded Wall Street expectations and said it expected business to improve in the second half, enthusing investors who saw the

According to three persons with knowledge of the situation, the Biden administration has ceased accepting permits for American businesses to sell the majority of their goods to China’s Huawei. For

City Transformer, an Israeli electric vehicle (EV) startup, plans to begin production of its small urban CT-2 model in Western Europe by the end of 2024 and will soon launch

Toyota Motor Corp. retained its title as the world’s best-selling automaker in 2022, expanding its lead over Volkswagen AG despite continued supply-chain disruptions. The Japanese auto giant reported Monday that

Next week, General Motors Co. and Ford Motor Co. are expected to report strong profits for 2022, fueled by premium-priced pickup trucks and SUVs (SUVs). Now, the Detroit rivals must

The world record holder in the men’s 100 and 200 metres sprint Usain Bolt that he was facing a “stressful situation” as he was attempting to retrieve more than $12.7

According to two sources familiar with the matter, India’s market regulator has increased its scrutiny of Adani Group transactions in the last year and will study a report issued by

According to industry sources, Air India will sign a half-order for 495 jets with Boeing and engine suppliers General Electric and CFM International on Friday, as its new owner seeks

The cryptocurrency lender Genesis Global Capital had some hope of resolving its conflicts with creditors by this week, with the aim of exiting Chapter 11 by late May, said a

Four companies that make chocolate were urged by non-profit organization Consumer Reports to agree to bring down the percentage of lead and cadmium that are found in the dark chocolate

Backed by enhanced revenues and a good growth om loans disbursed, India’s ICICI Bank reported a 34.2% rise in its net profit for the October-December quarter. The net profit for

In a recent report to its creditors, bankrupt cryptocurrency exchange FTX stated that approximately $415 million in cryptocurrency had been stolen in hacks. FTX reported that it had recovered more

Siemens announced on Monday that it has signed a 3 billion euro ($3.25 billion) contract to supply and service freight trains in India, the largest locomotive deal in the company’s

JPMorgan Chase & Co and Bank of America Corp persisted to hire as the economy slowed, despite the fact that the ranks of the five largest U.S. lenders had grown

According to India’s financial crimes agency, Pernod Ricard had violated the liquor policy of the country’s capital city by financially supporting retailers in exchange for stocking more of the French

AstraZeneca announced on Monday that it has agreed to buy CinCor Pharma Inc, a biopharmaceutical firm based in the United States, for up to $1.8 billion in order to strengthen

Mercedes-Benz is expecting to clock double-digit growth in sales in India this year, despite concerns that a weaker rupee will raise car prices, according to the head of the company’s

TikTok has halted a search for consultants to assist it in implementing a potential security agreement with the United States, according to two people familiar with the matter, as opposition

Bloomberg News reported on Friday that China intends to ease borrowing restrictions for property developers in order to support the troubled sector by relaxing the “three red lines” policy. The