Britain's competition watchdog said on Friday it would undertake an in-depth investigation into Amazon.com Inc's purchase of a stake in online food delivery group Deliveroo, weeks after expressing concerns over the deal.
U.S. electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters.
Volkswagen said on Friday that it would reach a key target in the production of electric autos earlier than previously anticipated.
U.S. electric vehicle maker Tesla Inc will deliver 15 China-made Model 3 vehicles to customers from its Shanghai factory on Monday, a company representative told Reuters.
BEIJING: As China struggles to deal with the slowdown of the world’s second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies. Since 2018, President Xi Jinping has put 12 former executives at state-run ...
SoftBank Group Corp said on Friday Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing , would resign as external board member at the end of the month after 18 years to focus on his fashion business.
KUALA LUMPUR: Malaysia's central bank plans to issue up to five licences to new online banks offering either conventional or Islamic banking under a proposed licensing framework set to be finalised next year. In a draft proposal issued on Friday (Dec 27), the central bank said the new framework ......
Nissan Motor Co chose executive vice president Hideyuki Sakamoto as a candidate for the board of directors, the company said on Friday, following the surprise resignation of vice-chief operating officer Jun Seki earlier this week.
ISTANBUL: Turkey said it plans to produce up to 175,000 vehicles annually under its domestic electric car project, set to be unveiled by President Tayyip Erdogan on Friday, drawing investment of 22 billion lira (US$3.7 billion) over 13 years. The project to produce a fully home-grown car has been...
South Korean builder Hyundai Development Co said on Friday its consortium has closed on its 2.5 trillion won (US$2.16 billion) acquisition of a controlling stake in the country's second-biggest carrier Asiana Airlines Inc .
