Latest News

Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
Foxconn said it was "cautiously optimistic" about its fourth-quarter revenue outlook after reporting record-breaking September sales.

Hyundai To Launch $5.5 Billion U.S. EV Plant, As New Law Dims Sales Outlook
Oct 27, 2022 01:53 PM
Hyundai will break ground on a $5.54 billion electric vehicle and battery plant in the United States, as South Korea's biggest automaker grapples with an uncertain outlook for its EV sales in its top market.

Oil Prices Ease On Chinese Demand Data, Stronger Dollar
Oct 27, 2022 01:53 PM
Oil settled lower in choppy trade as data showing demand from China remained lackluster in September and a strong U.S. dollar weighed.

Mobileye IPO Not Capital Raise, But Market Entry -Intel CEO
Oct 27, 2022 01:53 PM
Intel's CEO Pat Gelsinger said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market.

Oil Gains As U.S. Dollar Eases Though Demand Fears Linger
Oct 27, 2022 01:53 PM
Oil prices rose as the U.S. dollar eased against major peers.

Delhi Residents Defy Diwali Firecracker Ban, Pollution Spikes
Oct 27, 2022 01:53 PM
Many residents of New Delhi defied a firecracker ban as political parties traded blame on who was responsible for the Indian capital's foul air.

Tata Steel Signs MOU To Supply Ford With Green Steel
Oct 27, 2022 01:53 PM
Tata Steel's Dutch arm plans to supply Ford plants in Europe with "green" steel after 2030.

Toyota To Produce Electric Car Powered By BYD Batteries In China
Oct 27, 2022 01:52 PM
Toyota announced the launch of a small electric sedan, which will be powered by BYD batteries.

Archer Aviation Plans To Build 250 Air Taxis In 2025
Oct 27, 2022 01:49 PM
Archer Aviation aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years.
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