Toyota lobbies India to cut hybrid-car taxes as much as 21% – letter
(Reuters) – Japan’s Toyota Motor (NYSE:TM) is lobbying the Indian government to cut taxes on hybrid vehicles by as much…
AI Advent Set to Reshape Gaming Industry, Big Players Poised to Benefit
The advent of artificial intelligence (AI) in the gaming industry is projected to reshape business models and amplify competition, with…
Japan launches antimonopoly probe into Google’s search dominance
(Reuters) – Japan’s competition watchdog on Monday said it would start investigating Google (NASDAQ:GOOGL)’s possible breach of antimonopoly laws in…
Roche buys Roivant’s bowel disease drug for $7.1 billion
(Reuters) – Roche on Monday said it will buy Telavant, a developer of a new treatment for inflammatory bowel diseases,…
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) – Volkswagen (ETR:VOWG_p) shares fell to their lowest since April 2020 on Monday after the German carmaker cut its…
European regulator approves Farfetch deal for YNAP, Richemont says
(Reuters) – European authorities have approved online luxury retailer Farfetch (NYSE:FTCH)’s purchase of a stake in rival Yoox (BIT:YNAP) Net-A-Porter…
SolarEdge shares crash on Q3 warning; several analysts cut rating on limited visibility
SolarEdge Technologies (NASDAQ:SEDG) shares plunged about 25% in pre-market Friday trade after the solar company reported preliminary financial results for…
China’s troubled property sector to face more debt defaults
(Reuters) – More debt defaults are likely to emerge in China’s property sector as troubled developers struggle with a weak…
JPMorgan Chase Shows Resilience Amid Banking Sector Challenges
Major banks, including JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), and Wells Fargo, have reported strong earnings on Friday, despite warnings of…
Global Stock Markets Falter Amid Rising US Treasury Yields and Potential Rate Hikes
On Friday, global stock markets, including those in the US and Europe, experienced declines due to rising US treasury yields…