Nissan to Reduce EV Costs, Targets 1M Sales as It Competes With Chinese Rivals
Mar 25, 2024 09:11 am UTC| Business
Nissan Motor Co. Ltd. is cutting its production cost for electric vehicles and aiming to sell an additional one million EVs in the next three years. Japanese automakers are reportedly making this move to compete well with...
PepsiCo to Invest $400 Million in New Renewable Energy-Powered Plants in Vietnam
Mar 25, 2024 09:09 am UTC| Business
U.S. food and beverage giant PepsiCo has announced a substantial investment of US$400 million in Vietnam to establish two new plants powered by renewable energy sources. The move will boost the companys regional operations...
Nissan Unveils Ambitious Plans for Future Growth
Mar 25, 2024 09:07 am UTC| Business
Nissan Motor announced its strategic roadmap on Monday, revealing its ambitious goal to introduce 30 new models by the fiscal year ending in March 2027. The Japanese automaker aims to boost global sales by 1 million...
Goldman Sachs Sees Hedge Fund Crypto Reinvestment Surge Following ETF Approvals
Mar 25, 2024 08:55 am UTC| Technology Business Digital Currency
Goldman Sachs reports a notable increase in cryptocurrency investments among its hedge fund clients, driven by the recent approval of Bitcoin ETFs in the United States. The move signals a renewed institutional interest in...
Xiaomi Unveils SU7 EV Pricing, Aims to Undercut Tesla, Porsche
Mar 25, 2024 08:47 am UTC| Technology Business
Xiaomi is set to disrupt the electric vehicle market with its SU7 sedan, which is ambitiously priced at under 500,000 yuan ($69,424). The tech giant aims to compete with top automakers by leveraging superior technology and...
Mar 25, 2024 07:46 am UTC| Insights & Views Economy Business
Shifting Australias electricity sector to low-carbon technologies and closing coal plants is vital to tackling climate change. But such transitions are easier said than done. People and economies are often deeply...
SPC Group, Pascucci Forms Alliance to Launch First Paris Baguette in Italy
Mar 25, 2024 07:27 am UTC| Business
SPC Group and Caffè Pascucci are collaborating to bring Paris Baguette bakery-cafe shop to Italy. The formers chairman, Hur Young In, and the latters founder and chief executive officer, Mario Pascucci, met last...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well