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Business

Dubai's Future of Transport: Uber and WeRide Partner to Launch Robotaxis by 2030

Uber and WeRide collaborate with Dubai's RTA to introduce autonomous vehicle services, aiming for 25% of all journeys in the city to be autonomous by 2030. The partnership includes...

Business

Credit Agricole Expands Influence in Italian Banking with Increased Stake in Banco BPM to 19.9%

The European Central Bank has authorized Credit Agricole to increase its stake in Banco BPM to 19.9%, making it the largest shareholder. Meanwhile, Italy's market regulator approve...

Business

UniCredit Secures Major Leap in Italian Banking Sector with Banco BPM Acquisition Approval

UniCredit S.p.A. has received approval from Italian and European regulators for its €14 billion acquisition of Banco BPM S.p.A., enhancing its control over the Italian banking sect...

Business

Volvo Cars Faces a 10% Sales Drop in March Amid Global Electric Vehicle Market Challenges

Volvo Cars reports a 10% global sales drop in March, with electrified models declining by 9%. Despite challenges, electric vehicles accounted for 43% of sales. Europe and the US sa...

Business

UniCredit Secures Major Leap in Italian Banking Sector with Banco BPM Acquisition Approval

UniCredit S.p.A. has secured regulatory approval from Consob, the ECB, and the Bank of Italy for its €14 billion acquisition of Banco BPM S.p.A., marking a significant expansion in...

Business

UniCredit Secures Major Milestone: Regulatory Approval for Banco BPM Acquisition Unveiled

UniCredit S.p.A. has secured regulatory approval from Consob for its €14 billion acquisition of Banco BPM S.p.A., a move that strengthens its position in the European banking secto...

Business

Swedish Insurance Giant Folksam Group Cuts Ties With Tesla Over Union Rights Dispute

Folksam Group, a Swedish insurance leader, has sold its Tesla shares due to disagreements over Tesla's handling of employee union rights, marking a significant stance on corporate ...

Business

Surge in India's Crude Oil Imports: 67% Spike from US, 11% Rise from Russia Despite Trump's Tariff Threats

Indian refiners increased US crude imports by 67% and Russian imports by 11% in March, despite US sanctions and Trump's tariff threats. Industry leaders doubt significant global ma...