Markets

BEIJING: Geely said on Monday it would build an electric vehicle battery factory with a planned annual manufacturing capacity of 42 gigawatt hours (GWh) in China's eastern city of Ganzhou, as it expands its EV line-up in the world's biggest car market. The total investment in the project by...

Volkswagen plans to gradually switch the type of battery used in its electric vehicles, three sources with knowledge of the matter said on Monday, leaving its supply deals with LG Energy Solution and SK Innovation in doubt.

SINGAPORE: Singapore Airlines (SIA) Group’s overall passenger carriage for February fell by 96.6 per cent year-on-year, as demand for air travel continued to be “severely dampened” due to COVID-19. But the group sounded a note of optimism in light of the global vaccination drive, especially in ...

A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash.

Federal Reserve policymakers are expected this week to forecast that the U.S. economy will grow in 2021 at the fastest rate in decades, with unemployment falling and inflation rising, as the COVID-19 vaccination campaign gathers pace and a US$1.9 trillion relief package washes through to households.

The board of French food group Danone on Sunday voted to oust Emmanuel Faber as chairman, Le Figaro newspaper reported, adding that he would be replaced with Gilles Schnepp, who joined as a director late last year.

Twitter users who used the word "Memphis" found themselves temporarily locked out of their accounts at the weekend because of a bizarre bug.

OCBC has launched an Eco-Care car loan package at a preferential pricing of 1.68 per cent per annum for the purchase of electric vehicles (EVs).

OCBC has launched an Eco-Care car loan package at a preferential pricing of 1.68 per cent per annum for the purchase of electric vehicles (EVs).

British food delivery company Deliveroo said on Monday that it plans to sell around 1 billion pounds (US$1.39 billion)of new shares in its upcoming initial public offering.