Latest News

Taiwan President Decries 'Rumours' About The Island's Chip Investment Risk
Taiwan, home to the world's largest contract chipmaker TSMC as well as several other chip manufacturers, plays an outsized role in providing chips used in everything from cars and smartphones to fighter jets.

Musk Says He Made Some Tesla Decisions Without Board Nod, Defends $56 Billion Pay
Dec 1, 2022 12:39 AM
Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to prove that Musk used his dominance over Tesla's board to obtain an outsized compensation package that did not require him to work at the electric car maker full-time.

Eight SpaceX Employees Say They Were Fired For Speaking Up Against Elon Musk
Dec 1, 2022 12:30 AM
The employees said they were fired for being part of a group that had drafted and circulated a letter to SpaceX executives in June criticizing Musk

Vingroup, Gotion Start Building $275 Million Battery Plant In Vietnam
Dec 1, 2022 12:28 AM
The factory in the central province of Ha Tinh will annually produce 30 million lithium iron phosphate (LFP) battery cells, the company said in a statement.

Flour Thrown At Warhol Car In Milan Climate Change Protest
Dec 1, 2022 12:25 AM
It was at the third time this month that activists from the group Ultima Generazione (Last Generation) have targeted art exhibitions.

Rupee Flat As Dollar Demand Offsets Boost From Oil Plunge
Dec 1, 2022 12:22 AM
The Indian rupee was little changed as the benefit from a plunge in oil prices was countered by continued corporate demand for the dollar.

Leak In Ecuador State Firm's Gas Pipeline Ignites Fire, Five Injured
Dec 1, 2022 12:20 AM
Ecuadorean state oil company Petroecuador said five people were injured in a fire caused by a leak in a pipeline that carries gas to a refinery in the South American country's Amazon region.

Indonesia Says Lithium, Anode Plants Are Being Built To Support EV Ambitions
Dec 1, 2022 12:17 AM
Investors are currently building a lithium hydroxide plant with 60,000 tonnes capacity in the heart of the nickel industry in Morowali

Faraday Future Product Head Resigns - Report
Dec 1, 2022 12:07 AM
The reported move comes a day after Faraday Future appointed Xuefeng Chen as global chief executive officer
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