A latest fund raising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price helped electric car startup Rivian to raise $2.5 billion, the company said on

Tencent Holdings Ltd will no longer be able to make exclusive music copyright agreements under orders from China’s market regulator, while the company would also have to face a fine

A host of new features on the messaging app Snapchat attracted more users during its latest completed quarter and the growth rate was the highest since the late 2017as the

Israeli electric vehicle startup REE Automotive plans to start production of an electric delivery van and a people mover in 2023, said a top executive of the company that on

The strategy that it had successfully adopted during the Covid-19 pandemic – that if focusing on its bigger brands and focusing more on its supply chain, will be relied on

A landmark $26 billion settlement has been arrived at with large drug companies and a number of states of the United States over the role of the companies in fuelling

The sale of Wales, United Kingdom based chip wafer making factory, Newport Wafer Fab to a Chinese company has raised questions after reports surfaced that the British chip maker currently

A combined stake of 98.7 per cent in the Chinese insurance firm Dajia Insurance Group, which had been recently rehashed and formed into a new entity out of the beleaguered

Japanese auto company Honda Motor Co was open to making new alliances and partnerships for making electric vehicles profitable, said the company’s new chief executive on Friday. “If through an

With the continued recovery of the United States economy, a 155 per cent jump in second-quarter profits was reported by US bank JPMorgan Chase & Co. However, low interest rates,

The largest of the suppliers of apple Inc – Taiwan’s Foxconn, is known to be pushing to further diversify in income streams and is now planning to build an electric

A team is to be set up by Chinese securities regulator that will review plans of Chinese companies of launching initial public offerings (IPOs) on foreign exchanges, according to reports

The stringent anti monopoly steps that have been taken by Chinese regulators against the Chinese e-commerce giant Alibaba’s financial technology affiliate Ant Group will also be taken against other domestically

A third bidder, Apollo Global Management, entered the fray for the $8.7 billion bid battle for the fourth largest supermarket group of the United Kingdom, Morrisons, flaring up the fight

The second quarter of the current year saw record volume of transactions in the market for non-fungible tokens (NFTs) as sales so far this year reached $2.5 billion compared to

Plans of development of a new method of measuring the environmental and social impact because of their financing was announced on Wednesday by a group of banks which included UBS

A claim that the social media company Facebook refused a request by a publisher to negotiate a licensing deal is being looked into by Australia’s competition watchdog. This is the

Charges that Johnson & Johnson had fuelled an opioid epidemic in New York state and in two of its largest counties would be settled by the company for an amount

Diesel powered cars would be banned by 20203 while petrol cars would be phased out completely by 20356 in the Brussels region, announced the regional government on Friday. It said

The cloud computing business of Amazon – Amazon Web Services (AWS) has acquired the encrypted messaging platform Wickr as the company ventures into the encrypted messaging business segment. Wickr has

Following the footsteps of the Chinese home appliance company Hisense, three other Chinese firms have struck partnerships for sponsoring the Euro 2020 this year. Hisense was the first Chinese sponsor

With the Japanese conglomerate Panasonic Corp seeking to reduce its dependence on the United State based electric car maker Tesla, the Japanese firm sold its stake in the US car

A distinction between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies was sought to be drawn by China’s Ant Group amidst a crackdown on cryptocurrencies by Chinese authorities following

Japan’s Nissan Motor supported China based autonomous driving startup WeRide raised $310 million at a $3.3 billion valuation recently and announced that it would be deepening its partnership with the

A proposed cash offer of 5.52 billion pound ($7.62 billion) by the United States based private equity firm Clayton, Dubilier & Rice (CD&R) for the British supermarket group Morrisons have

A new joint venture partnership with the joint venture with Customcells is being forged by the luxury sports car unit the German auto powerhouse Volkswagen, Porsche AG, for making batteries

The industrial relations watchdog of Australia has filed a case against the country’s largest supermarket chain Woolworths Group over allegations that the company underpaid its staff. It was more than