
Chinese Robotaxi Firms Pony AI and WeRide Shares Plunge on Hong Kong Market Debut
Nov 06, 2025 05:05 am UTC| Business Technology
Shares of Chinese robotaxi leaders Pony AI (HK:2026) and WeRide Corp (NASDAQ:WRD) dropped sharply during their highly anticipated Hong Kong trading debut on Thursday, despite raising a combined $1.2 billion through their...

Boeing Settles Lawsuits Over 2019 Ethiopian Airlines 737 MAX Crash
Nov 06, 2025 04:09 am UTC| Business Law
Boeing has reached settlements in three lawsuits filed by families of victims who perished in the March 2019 crash of Ethiopian Airlines Flight 302, a Boeing 737 MAX aircraft. The settlements, confirmed by attorney Robert...

SoftBank Explores Potential Marvell Technology Takeover to Boost AI Ambitions
Nov 06, 2025 04:03 am UTC| Business Technology
SoftBank Group Corp. (TYO:9984) reportedly explored acquiring U.S. semiconductor giant Marvell Technology Inc. (NASDAQ:MRVL) earlier this year, according to a Bloomberg report. The potential takeover, led by SoftBank CEO...

Google Reportedly Exploring Bigger Investment in AI Startup Anthropic
Nov 06, 2025 03:59 am UTC| Technology Business
Google is reportedly in early discussions to expand its investment in artificial intelligence startup Anthropic, according to a new report by Business Insider citing people familiar with the matter. The talks suggest that...

UPS Resumes Operations at Worldport Hub to Restore Normal Flight Schedule
Nov 06, 2025 03:30 am UTC| Business
United Parcel Service (UPS) has announced the resumption of operations at its massive Worldport air cargo hub located in Louisville, Kentucky, beginning Wednesday evening. The facility, recognized as one of the largest...

Cathay Pacific to Buy Back Qatar Airways’ 9.6% Stake for HK$6.97 Billion
Nov 06, 2025 03:24 am UTC| Business
Cathay Pacific Airways (HK:0293) announced that it will repurchase all shares held by Qatar Airways for HK$6.97 billion (US$896.4 million) in an off-market transaction, marking a major strategic move for the Hong Kong flag...

Nissan Sells Yokohama Headquarters in ¥97 Billion Deal as Part of Global Restructuring
Nov 06, 2025 03:21 am UTC| Business
Nissan Motor Co. has finalized a 97 billion ($643 million) sale-and-leaseback agreement for its global headquarters in Yokohama, Japan, marking a key move in the automakers ongoing business restructuring strategy. The...
The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen
How the US–India tariff truce boosts major Indian industries, Surat to Pharma