Ford Taps Masses of Vehicle Data to Stay Ahead in Commercial Van Market
Ford Motor (NYSE:F) Co's push to use reams of data generated by its vans and trucks - from engines to oil filters or brake pads - to attract more customers in the European and U.S. commercial vehicle market plays out on a 9-metre-long (30...
Bank Slide Deepens As SVB Contagion Fear Rattles Markets
Asia's share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead of U.S. inflation data due later in the day. Japan's Nikkei...
Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ
Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday. Aerwins, which is taking orders for the XTurismo hoverbike with...
LG Display Talks Up H2 Recovery Hopes After 4th Straight Quarterly Loss
South Korean display panel maker LG Display (NYSE:LPL) on Wednesday pinned hopes for a second-half turnaround on the tech sector replenishing depleted inventories after racking up a fourth straight quarterly loss that trailed estimates. Amid depressed global demand for devices like computers and monitors,...
Exclusive-Accounting For War: Ukraine’s Climate Fallout
The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict. The report, which is due...
Asian Stocks Slip On Weak Chinese Data, Fed jitters Persist
Most Asian stocks edged lower on Thursday as weaker-than-expected Chinese inflation data pointed to a sluggish economic recovery in the country, while fears of a more hawkish Federal Reserve continued to chip away at sentiment. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes...
Asian Stocks Sink Amid Pre-CPI Angst, China Extends Losses
Most Asian stocks sank on Wednesday as markets hunkered down before key U.S. consumer inflation data due later in the day, with Chinese bourses down for a second straight session after disappointing trade readings. China’s Shanghai Composite and Shanghai Shenzhen CSI 300 indexes fell...
Asia FX Dips, Dollar Steadies As Fed Meeting Looms
Most Asian currencies retreated on Tuesday, while the dollar firmed slightly as markets hunkered down ahead of a Federal Reserve interest rate decision this week, while lingering fears of a banking crisis also weighed on sentiment. The South Korean won was the worst performer...
Aviva Hits Seven-Month High On New Buyback, Raised Dividend Outlook
The U.K. asset manager and insurer said it is confident of its ability to continue generating surplus cash and expects to pay out around £915M (£1 = $1.1848) this year and will aim for "low to mid-single-digit growth" in the dividend thereafter. "We are...
Gold Prices Dip From $2,000, Banking Crisis in Focus
Gold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as fears of a global banking crisis kept safe haven demand high. Bullion prices surged to the over $2,000 last...