Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row, as demand for electric cars outpaced the broader market.
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row, as demand for electric cars outpaced the broader market.
Revenue among Taiwan’s major Apple Inc. suppliers fell for a fourth straight month in May, as high living costs keep a lid on consumer discretionary spending.
Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority stake in Hong Kong-listed PCCW Ltd.’s Viu unit as part of a partnership agreement between the two media groups.
Bondholders of Stark Corp. Pcl called for immediate payment of about $200 million after a special audit revealed accounting irregularities, the latest trouble for the Thai electrical components maker that’s defaulted on debt and seen its shares plummet to near-zero.
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has seen a reshuffle in the banks that are preparing for its Hong Kong initial public offering, people familiar with the matter said.
Tesla Inc. is likely to make a significant investment in India, Chief Executive Officer Elon Musk said after meeting with Narendra Modi during the Indian Prime Minister’s US visit to promote development in the world’s most populous country.
Intel joins Alphabet and Visa in choosing to expand in the country just as war is raging next door.Â
Jack Ma-backed Ant Group Co. is developing large-language model technology that will power ChatGPT-style services, joining a list of Chinese companies seeking to win an edge in next-generation artificial intelligence.
South Korean exports offered an early sign of improvement in global trade after their first year-on-year gain since last summer.
WisdomTree is trying again for permission to start a spot Bitcoin exchange-traded fund in the US, submitting an application to the Securities and Exchange Commission less than a week after BlackRock Inc.