Tag: Business
Shanghai residents turn to NFTs to record COVID lockdown
Shanghai residents are turning to the blockchain to preserve memories of the city's month-long lockdown, minting videos, photos and artworks capturing their ordeal as...
Amazon to get hearing that could overturn NY union vote
A U.S. National Labor Relations Board (NLRB) official said that Amazon.com Inc's objections to a landmark union election at a company warehouse in New York...
PepsiCo raises revenue forecast on boost
PepsiCo Inc beat estimates for quarterly revenue and raised its full-year forecast on steady demand for its sodas and snacks even in the face of...
Softbank – backed OLA electric to recall 1444 e-scooters
Softbank-backed Ola Electric said that it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire, prompting a government probe...
Taiwan firms in China hub make uneven restart
Taiwan firms making chip and electronic components reported a mixed picture on work resumption in the eastern Chinese city of Kunshan after COVID curbs,...
Honda to spend $64 BLN on R & D
Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade. This has laid out an ambitious target...
Yachtmaker Ferretti braves choppy waters with IPO valuing it at upto...
Italian luxury yacht maker Ferretti Group launched a Hong Kong initial public offering. This values the company at up to $1.2 billion. Ferretti, whose...
Bentley to roll out one electric car annually for five years...
Luxury carmaker Bentley unveiled plans to build a new electric model annually for five years from 2025. This announcement is after its annual profit...
Gulf markets mixed amid US ban on Russian oil
Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....
Volkswagen stops orders for some plug-in hybrids
Volkswagen will stop taking orders for several plug-in hybrid models. This is because of Russia's invasion of Ukraine destabilises its supply chain just as chip...












