Oil prices experienced a decline on Friday as concerns mounted over demand growth prospects for 2025, particularly regarding China, the world’s largest crude importer. Global …
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INDUSTRY NEWSLatest News
British car manufacturing falls to 44-year low as industry faces major transition
British car manufacturing has reached its lowest November output in more than four decades, according to new data released on Friday by the Society of …
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Uber Technologies and its Chief Executive Officer Dara Khosrowshahi have each donated USD 1 million to the inaugural fund for then President-elect Donald Trump, marking …
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INDUSTRY NEWSLatest News
Volkswagen locked in marathon negotiations with labour unions over job cuts
Volkswagen and the powerful IG Metall labour union are locked in intense, marathon negotiations aimed at resolving a critical impasse over potential mass redundancies and …
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Tesla’s Shanghai Gigafactory has experienced a significant leadership transition with the departure of Song Gang, the plant’s manager since 2018. In an emotional farewell letter …
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Contemporary Amperex Technology Limited (CATL), the world’s largest battery manufacturer, has unveiled an ambitious plan to develop more than 1,000 battery swapping stations in 2025, …
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Volkswagen’s management and labour representatives are engaged in a high-stakes negotiation process, with critical talks resuming on Tuesday morning following an unsuccessful 13-hour negotiation round …
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Lamborghini has announced a strategic delay in launching its first fully electric vehicle, extending the timeline to 2029 and breaking from previous projections. The company’s …
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A German-Canadian resident has been sentenced to 24 months in prison for stealing critical trade secrets from Tesla, in a case that highlights the escalating …
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Oil prices experienced a downturn on Tuesday, driven by persistent demand concerns and heightened anticipation of the United States Federal Reserve’s imminent interest rate decision. …