Exclusive: Geely plans to turn maker of London black cabs into EV powerhouse

COVENTRY, England, Jan 23 (Reuters) – China’s Geely (0175.HK) is looking to transform the maker of…

TSMC cuts 2023 capex after record Q4 as chip demand weakens

Q4 profit T$295.9 bln vs T$289.44 bln analyst outlook Fourth quarter revenue grew 26.7% to $19.93…

Eisai, Biogen receives U.S. FDA approval for Alzheimer’s drug, applies for full approval

Jan 7 (Reuters) – The US Food and Drug Administration on Friday approved lecanumab, an Alzheimer’s…

Google alleges India antitrust body copied parts of EU order on Android abuse

India’s conflicting decisions latest setback for Google in key market Google wants India’s antitrust rulings quashed…

Vietnam’s VinFast ships first electric vehicles to U.S. customers

HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electric vehicle maker VinFast said on Friday it…

Shale firms discount ‘U.S. put’ as inadequate to lift oil output

Oct 21 (Reuters) – U.S. shale oiler Matt Gallagher took a poll on Twitter this week…

Analysis: Energy crisis tests resilience of Italian businesses

Response to energy crisis crucial to economic outlook Bankers say companies are more resilient than credit…

Amazon faces $1 bln lawsuit in UK for ‘favouring its own products’

Consumer rights attorney brings case to clients Amazon says collective action is ‘unfounded’ Case focuses on…

Flying car by California startup Alef attracts early Tesla investor

Oct 19 (Reuters) – The concept of a flying car is not new – inventors have…

Biden awards $2.8 billion to boost U.S. minerals output for EV batteries

WASHINGTON, Oct 19 (Reuters) – The Biden administration said Wednesday it is awarding $2.8 billion in…