Asian shares inched higher and the U.S. held near multi-month peaks on Monday as the chance of yet more trillions in U.S. fiscal spending underpinned the outlook for global growth.
SHANGHAI: A global shortage of chips that has rattled production lines at car companies and squeezed stockpiles at gadget makers, is now leaving home appliance makers unable to meet demand, according to the president of Whirlpool Corp in China. The U.S. based company, one of the world's ...
France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Finance Minister Bruno Le Maire said on Monday, confirming media reports.
BAODING, China/BEIJING: Great Wall Motor will roll out its first hydrogen fuel-cell sport utility vehicles and launch a fleet of 100 hydrogen heavy trucks this year as it plans to become a major fuel-cell vehicle maker globally. Zhang Tianyu, chairman of FTXT Energy Technology Co Ltd, a Great ......
Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a year ago the two companies were dominating in the high-desert landscape.
Energy Monster, China's biggest mobile device power bank startup backed by Alibaba and SoftBank, is embroiled in an ownership dispute that could further cloud a Nasdaq flotation already buffeted by new U.S. regulations to delist foreign companies.
Renesas Electronics Corp now believes damage from a fire at its chip-making plant in northeast Japan was more extensive than first thought, a company spokeswoman said on Monday.
The grounding of the container ship in the Suez has given pause for thought about the growing mismatch between land and sea infrastructure, say observers.
A new factory in Abu Dhabi will start manufacturing a COVID-19 vaccine from Chinese pharmaceutical giant Sinopharm later this year under a joint venture between Sinopharm and Abu Dhabi-based technology company Group 42 (G42).
"I get an email almost every morning from some SPAC seller telling me to do a SPAC with them," said Johnny Boufarhat, CEO of Hopin, a virtual events platform. "It's interesting, but it also doesn't make sense for us."
