Xiaomi is establishing an EV research center in Munich, Germany, as part of its strategy to expand globally in the electric vehicle market by 2027, confirmed by a company spokesper...
Kering SA reports a 14% drop in Q1 revenue to €3.88 billion, with retail sales down 16%. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and Bottega Veneta...
Meta Platforms Inc. expands ads in Threads globally after initial tests, offering advertisers new placement options while ensuring user experience remains a priority. Ads are marke...
China has stopped accepting Boeing aircraft deliveries due to the US-China trade dispute, with CEO Kelly Ortberg confirming the move. Boeing plans to reallocate affected 737 Max je...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition and the rise of local brands, mirroring past strategies in Germany wit...
Nissan Motor Co. plans a $1.4 billion investment in China by 2026 to reverse declining sales, introducing ten new models and addressing its late entry into the plug-in hybrid marke...
The European Commission fines Apple and Meta €700 million for DMA violations, targeting restrictive App Store policies and Meta's "Consent or Pay" ad model, to promote fair competi...
GE Vernova Inc. reports an 11% revenue increase to $8B in Q1 2025, with net income turning around to $264M from a loss. Orders grew by 8%, and the company reaffirms its 2025 revenu...
