Honda plans to treble hybrid car sales by 2030 as a ‘bridge’ to the EV era
Starting in 2026, Honda will begin installing new, more fuel-efficient hybrid systems for compact and midsize models, revamping engines, platforms...
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McKinsey, the consulting firm, will pay $650 million to resolve a US opioid criminal inquiry
McKinsey & Company has agreed to pay $650 million to settle a US Justice Department probe into the consultancy firm's...
PDD’s Temu app tops U.S. iOS downloads for the second year running, amid increased scrutiny of Chinese companies
Temu, a popular e-commerce app owned by China's PDD Holdings, topped Apple's list of the most downloaded free apps on...
Trump and Japan’s technology company SoftBank pledge $100 billion in U.S. investments
President-elect Donald Trump and Masayoshi Son, the CEO of Japanese tech behemoth SoftBank, will unveil a $100 billion investment initiative...
Broadcom gets $1 billion valuation on the basis of lofty AI demand projections
Broadcom predicts a tremendous increase in demand for AI-powered chips, and the market is currently buying them outright. The company's...
Trump Organization plans a second skyscraper in Saudi Arabia as part of its regional growth
Eric Trump, son of the US president-elect, said Thursday that the Trump Organization intends to develop a second tower in...
Alphabet shares hit record highs on Trump’s appointment of FTC chief
Alphabet led a surge among tech titans on Wednesday, with its shares reaching an all-time high after US President-elect Donald...
Donald Trump named ‘Time’ magazine’s ‘Person of the Year for 2024
US President-elect Donald Trump was named Time magazine's Person of the Year 2024, “for staging a comeback of historic proportions,...
Volkswagen is considering shifting Golf production elsewhere, and Mexico is in the limelight
According to plans now being reviewed at Volkswagen's headquarters, the German carmaker is considering relocating Golf production abroad, with Mexico...
Apple adds ChatGPT to iPhone in the latest iOS version
On Wednesday, Apple began integrating OpenAI's ChatGPT into its handsets, offering a long-awaited feature that investors believe will increase sales...
