BEIJING: Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025. Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model...
SoftBank Group Corp is slashing jobs at its global robotics business and has stopped producing its Pepper robot, according to sources and documents reviewed by Reuters, as the conglomerate downgrades its industry ambitions.
Bitcoin on Monday shrugged off a move by Britain's financial watchdog to target the major Binance exchange, in the latest sign of regulatory pressure on the emerging cryptocurrency sector.
Facebook Inc-owned WhatsApp messenger said on Monday it was appointing a former Amazon executive as the head of payments in India as it looks to scale the service in its biggest market by users.
Facebook Inc-owned WhatsApp messenger said on Monday it was appointing a former Amazon executive as the head of payments in India as it looks to scale the service in its biggest market by users.
Verizon on Monday showcased two robots on the stage of the Mobile World conference, saying that bots use 5G connectivity and mobile edge computing to communicate with each other. Edge computing uses augmented reality and machine learning to analyse bulk data where it was gathered - whether ...
SINGAPORE: The International Air Transport Association’s (IATA) forecast for global air travel to return to pre-pandemic levels by around end-2023 is “about the right timeframe”, said the chief executive of budget carrier Scoot on Monday (Jun 28). Mr Campbell Wilson was asked by reporters at a ...
Malaysia will roll out a 150 billion ringgit (US$36.22 billion) aid package to help the economy recover from the impact of the COVID-19 pandemic, Prime Minister Muhyiddin Yassin said on Monday.
HONG KONG/SHANGHAI: On a rainy day last November, China Baowu Steel Group, the world's largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One highlight was a presentation featuring a sensitive slide: a "black list" of 60 lenders that the ...
THE Monetary Authority of Singapore (MAS) has assessed investments by three licensed fund managers into an entity linked to a S$1 billion fraud scheme, and determined the impact on the fund management industry to be "limited", it said on Monday.
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