DETROIT: General Motors Co will supply electric batteries and hydrogen fuel cell systems for rail supplier Wabtec Corp's locomotives, in a move extending the No. 1 U.S. automaker's reach outside the automotive sector. Wabtec, based in Pittsburgh, is developing locomotives powered by electric ...
REUTERS: Alibaba Group Holding's founder Jack Ma is fine and "lying low right now", the Chinese e-commerce giant's Executive Vice Chairman Joe Tsai said in an interview with CNBC on Tuesday. (Reporting by Aakriti Bhalla and Chavi Mehta in Bengaluru; Editing by Maju Samuel)
China's industry ministry on Tuesday said that it had told e-commerce giants Alibaba, JD.com and Pinduoduo to regulate their use of promotional phone messaging to users ahead of the annual June 18 shopping festival.
A growing number of major soccer clubs are launching digital coins that allow fans to vote on a variety of minor decisions as the sport faces slumping revenues caused by the coronavirus pandemic.
PARIS: A French court ruled on Tuesday (Jun 15) that IKEA had set up an elaborate system to illegally spy on hundreds of employees and job applicants over several years, using private detectives as well as police sources. The French unit of the Swedish furniture giant was fined €1 million (US$1.2...
Uruguayan payment startup dLocal Ltd said on Tuesday that it had struck a partnership with Amazon.com Inc that clears the way for international vendors to sell products on Amazon's Brazil online marketplace for the first time.
JAKARTA: Indonesia's largest lender by assets, PT Bank Rakyat Indonesia said on Tuesday it will seek shareholders approval next month to conduct a rights issue that will enable the acquisition of two state firms. BRI plans to sell a maximum 28.68 billion shares in the rights sale, or 23.25per...
REUTERS: UK's competition watchdog said on Tuesday it was looking into the mobile ecosystems of Apple and Alphabet's Google, launching a study over concerns that the tech giants have market power that is harming users and businesses. (Reporting by Yadarisa Shabong in Bengaluru; Editing by ...
TAIPEI: Taiwan's Foxconn said a subsidiary has invested TUS$995.2 million (US$36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple's main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make ...
BOND issuers in the Asia-Pacific can opt to showcase their green, social and sustainability (GSS) bonds to global investors, under a partnership between the Singapore Exchange and Nasdaq.
