Through USD 2.4 billion package, Japan eyes breaking China’s EV battery monopoly
Japan has been seen as one of the biggest laggards as the industry shifts to all-electric...
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Business Leader of the Week: Meet Xavier Niel, new owner of Ukrainian mobile operator Lifecell
In 2014, Cable & Wireless Communications sold its 55% economic interest in Monaco Telecom to NJJ Capital, an investment vehicle controlled by Xavier Niel for USD 445 million...
Business Leader of the Week: Under Michael Lohscheller, Polestar eyes profitability by 2025
Over the past ten years, Michael Lohscheller has served as CEO of multiple other automakers...
Why do you need a business plan? Here are the reasons
A detailed business plan offers a birds-eye view of the entire framework of an establishment...
Business Leader of the Week: Under Klaus Roewe’s leadership, Lilium accelerates towards becoming eVTOL giant
Through eVTOL jets, Lilium CEO Klaus Roewe wants to revolutionise air travel...
Setback for Google as Wiz prefers IPO over USD 23 billion acquisition deal
Google Cloud CEO Thomas Kurian faces pressure to keep growing the company in order to win business during the AI boom, despite steady growth in recent years...
Gold ETFs lost USD 6.7 billion in H1 2024, worst in more than ten years
The aggregate holdings of gold ETFs increased further, and their total assets under management stayed steady at USD 233 billion...
IF Insights: How Boeing’s guilty plea in DOJ probe will affect the company
As part of the plea deal, Boeing is supposed to pay a criminal fine of USD 243.6 million, doubling an earlier agreement...
Good days ahead for Saudi Arabia? Around 300 millionaires to relocate to Kingdom
By the 2024 end, the United States and Singapore will have welcomed 3,800 and 3,500 millionaires, respectively, making the UAE the top destination...
Business Leader of the Week: After receiving Volkswagen investment, RJ Scaringe-led Rivian eyes first profit
RJ Scaringe had a deep affection for the automobile manufacturing process, and has always detested the fact that cars contribute significantly to environmental pollution...