Ford Executives Face Congressional Scrutiny Over CATL Partnership Amid GOP Concerns
Jul 28, 2023 08:53 am UTC| Economy Investing Politics
Ford Motor CEO Jim Farley and Executive Chairman Bill Ford recently met with U.S. lawmakers to discuss the companys controversial agreement with Chinese battery manufacturer CATL. The talks follow Republican criticism and...
Binance Retreats After BaFin Rejection; Withdraws Its Crypto License Application in Germany
Jul 27, 2023 09:48 am UTC| Business Digital Currency Investing
Binance Holdings Ltd., the cryptocurrency exchange company founded by Changpeng CZ Zhao in 2017, is withdrawing its application for a license to operate in Germany. Allegedly, the company made the decision to abandon its...
Big Seven Automakers Unite to Rival Tesla with Massive North American EV Charging Network
Jul 27, 2023 09:40 am UTC| Economy Investing Nature Business
Seven leading automakers, including General Motors, BMW, and Honda, are joining forces to double North Americas fast-charging infrastructure for electric vehicles (EVs), seeking to rival Teslas prominent network. This...
Airbus, Boeing Accelerate Commercial Aircraft Deliveries Amid Post-Pandemic Demand Surge
Jul 27, 2023 08:45 am UTC| Economy Investing Business
In a robust post-pandemic rebound, Airbus and Boeing reported increased commercial aircraft deliveries and revenue for the first half of 2023, despite production and supply chain challenges. As released on Wednesday,...
Ducati Revs into Blockchain with Debut NFT Collection on XRP Ledger
Jul 27, 2023 07:48 am UTC| Business Digital Currency Investing
Ducati, the renowned Italian motorcycle manufacturer, is stepping into the world of non-fungible tokens (NFTs) through a partnership with Ripple. This marks Ducatis entry into the Web3 space, utilizing Ripples...
Nissan Pumps €600M into Renault’s EV Unit Ampere, Equalizes Alliance Shareholdings
Jul 27, 2023 07:26 am UTC| Economy Investing Business
Nissan bolsters Renaults electric vehicle arm, Ampere, with a 600 million ($663 million) investment, addressing previous imbalances in the French-Japanese auto alliance. This strategic move aims to foster closer...
LG Uplus to Roll Out Yonsei University Metaverse Platform in September
Jul 21, 2023 09:36 am UTC| Business Investing Digital Currency
LG Uplus Corp. revealed this week that it will launch the Metaverse space for one of South Koreas prestigious educational institutions, Yonsei University. The mobile network operator in the country said the virtual campus...
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