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Shanghai residents turn to NFTs to record COVID lockdown

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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

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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

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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

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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

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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

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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...

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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...

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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

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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

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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...