French carmaker Renault might have to dig deeper than the 2 billion euros of cost cuts it has already outlined to get back on its feet, new Chief Executive Luca de Meo said in an internal memo seen by Reuters.
China has called off its biennial airshow due to the coronavirus, a further blow to a global aviation industry heavily disrupted by the pandemic.
Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now.
BENGALURU: Serum Institute of India said on Wednesday (Sep 9) that trials of AstraZeneca's COVID-19 vaccine candidate in the country is ongoing and has not faced any issues. AstraZeneca said it has paused global trials, including large late-stage trials, of its experimental coronavirus vaccine ...
Germany's Auto Motor und Sport said Volkswagen's new electric car, the ID.3, had fallen short of the carmaker's usual standards of fit and finish, and had a limited operating range, when it reviewed the car ahead of its launch.
FARIDABAD, India: India's biggest syringe manufacturer is ramping up production to churn out 1 billion units, anticipating a surge in demand as the global race to find a COVID-19 vaccine heats up. While the focus on tackling the pandemic has mostly been on the development of vaccines, experts say ...
Poland's Prime Minister Mateusz Morawiecki called on Wednesday on Germany to halt the construction of the Nord Stream 2 gas pipeline, as Warsaw sees the project as a threat to the stability of the region.
Climate change poses a "slow motion" systemic threat to the stability of the U.S. financial system requiring urgent action from financial regulators, including the Federal Reserve and the Securities Exchange Commission.
Yoshihide Suga, on course to become Japan's next prime minister, said he would maintain incumbent premier Shinzo Abe's policy prioritising economic growth over efforts to fix the country's tattered finances.
FUNDING Societies, a digital financing platform for small and medium enterprises in South-east Asia, has named a chief financial officer (CFO), chief technology officer (CTO) and chief product officer (CPO).
