In a significant development for the UK’s car industry, India’s Tata Group has unveiled plans to construct an electric vehicle (EV) battery plant in Britain. This move comes as a

VinFast, a Vietnamese manufacturer, announced on Wednesday that it would begin building a $4 billion electric vehicle factory in North Carolina the next week as part of its effort to increase its presence in the American market.

According to official figures, inflation in the UK dropped more than forecast in June and slowed to 7.9%, which will lessen pressure on the Bank of England to continue hiking interest rates substantially.

Despite doubts about the platform’s future in the US and other countries, live streamers from China have focused on TikTok users in the US and Europe, peddling anything from bags and clothing to crystals with an eye on a potentially profitable market.

PharmEasy’s parent company, API Holdings, has set its sights on generating capital through a rights issue valued between Rs 2,000 to Rs 3,000 crore. If current shareholders choose not to

In order to resolve a lawsuit brought by the shareholders, Elon Musk-led Tesla’s board of directors will pay back $735 million to the business, which is equal to the value of 3.1 million Tesla stock options. Additionally, Tesla directors have agreed that they would not be paid in 2021, 2022, or 2023 while the board also changes how remuneration is decided.

As part of its ongoing Series D round, insurtech startup RenewBuy has successfully raised $40 million from Dai-ichi Life Holdings, Inc. This Indian company stands out for its ability to

Shanghai Biren Intelligent Technology Co., a startup in the Chinese semiconductor industry, is reportedly exploring an IPO in Hong Kong as early as this year in order to cash in on a surge of local customers switching to its AI chips as an alternative to Nvidia Corp. silicon that has been outlawed.

Brian Armstrong, the CEO of Coinbase, will speak on the future of digital asset legislation during a private meeting with a group of Democrats from the US House of Representatives on Wednesday morning.

Taiwanese chipmaker TSMC (Taiwan Semiconductor Manufacturing Co Ltd) is anticipated to announce a 27% decrease in net profit for the second quarter of the year.

According to Reuters, Liu Liehong, 54, a veteran of electronics and information technology who now serves as the chairman of China Unicom, will take over the National Data Bureau in the coming days.

With a 70% decline in investment since FY22, Indian entrepreneurs are experiencing a financial winter, requiring them to reduce the burn rate and accelerate their route to profitability. According to Redseer’s examination of 100 unicorns, the number of profitable unicorns will increase from 30 in FY22 to 55 in FY27.