Wednesday, November 27, 2024

Sandra Nath, Senior Contributor

666 POSTS

Hyundai, Kia expect auto sales jump in 2022 amid chip shortage

Hyundai Motor Co (005380. KS) and its affiliate Kia Corp (000270. KS) anticipated a 12.1 percent increase in global sales in 2022, despite last...

CES to now end sooner than planned as Omicron cases surge

After corporations such as Amazon.com Inc and General Motors Co decided not to attend the Las Vegas event in person owing to Omicron's worries,...

3G gets back to basics with $7 bln blinds deal

3G Capital, which is best known for mega-deals like Kraft Heinz (KHC.O) and Anheuser-Busch InBev (ABI.BR), is shifting its focus away from food and...

Didi revenue falls as China’s regulatory crackdown hits business

Didi Global, a Chinese ride-hailing company, announced a 1.7 percent drop in third-quarter revenue on Wednesday, blaming a regulatory crackdown on its domestic business. Daniel...

Tesla recalls almost half a million electric cars over safety issues

Tesla Inc (TSLA.O) is recalling over 475,000 Model 3 and Model S electric cars in the United States due to rearview camera and trunk...

China’s Huawei says 2021 revenues down almost 30%, sees challenges ahead

The Chinese telecoms equipment giant Huawei Technologies Co Ltd (HWT.UL), which has been hit by US sanctions, anticipates sales to drop about 30% in...

Tesla recalls nearly half a million cars over safety issues

Tesla Inc (TSLA.O) is recalling more than 475,000 Model 3 and Model S electric cars in the United States due to a rearview camera...

Alphabet CEO Pichai can be questioned in privacy lawsuit

A California federal judge has ordered that plaintiffs who accuse Alphabet Inc's (GOOGL.O) Google of illegally tracking their internet activity while in "Incognito" browsing...

Infineon sees supply bottlenecks until end of 2022

The semiconductor industry's struggle to keep up with incoming orders is likely to persist, according to a member of German chipmaker Infineon's management board,...

Elon Musk Thinks Metaverse Isn’t ‘Compelling’, Web3 Is ‘Just Marketing

Elon Musk, the CEO of Tesla and SpaceX, recently revealed his thoughts on two tech developments, the metaverse, and Web3, which many believe could...

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