Audi unveils new EV brand in China without four ring logo
Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just the name AUDI and not its signature four-ring logo,…
Oil slips as investors digest US election fallout
Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong dollar and lower crude imports in China outweighed supply…
Sumitomo JV secures right to place order for up to 100 Archer air-taxis
Archer Aviation said on Thursday a joint venture between Japan Airlines and Sumitomo Corp had secured the right to place orders for up to 100…
Bombardier’s quarterly revenue beats on services business boost
Bombardier's third-quarter revenue beat analysts' estimates on Thursday, helped by strong demand for business jet parts and repairs.
Nippon Steel seeks to close US Steel deal before Trump returns to White House
Japan's Nippon Steel hopes to close its $15 billion deal to buy US Steel by year-end before Republican Donald Trump retakes the White House in…
Mexican economy chief says wants to sound out Musk on Tesla plant plans
Mexico's Economy Minister Ebrard will try to meet soon with billionaire and Tesla's chief executive Elon Musk to determine his plans for an electric car…
Trump win worries international partners ahead of COP29 climate summit
Donald Trump’s victory in the U.S. presidential election has darkened the outlook for a strong deal at the COP29 climate summit next week and will…
Renewable energy offers a cost and opportunity to insurance sector
Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as insurers seek to recover the…
Total volume surges with second-busiest September ever at Port of NY and NJ
September followed in August’s footsteps at the Port of New York and New Jersey, revealing double-digit total volume percent increase from last year.
Hapag-Lloyd orders 24 new container ships
Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings – each with a…
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