UK parliament opens probe into EV transition

Britain’s parliament revealed Wednesday that the upper house is launching an inquiry into the country’s approach to phasing out fossil…

Lucid releases full specs of its Air Sapphire halo EV

Lucid Group Inc (NASDAQ:LCID) unveiled the final specifications for their Air Sapphire halo in a press release posted on their…

Oil steadies as U.S. rate hike fears subside

(Reuters) – Oil prices stabilized on Thursday, with Brent crude holding close to January highs, as speculation about another U.S.…

Pilots back wage deal with Lufthansa, averting fresh strikes

(Reuters) -Members of the German pilots’ union VC have voted by a large majority to back a wage deal with…

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.22%

Saudi Arabia stocks were higher after the close on Thursday, as gains in the Agriculture & Food, Petrochemicals and Energy…

Vietnam EV maker VinFast gets SPAC shareholders’ nod to list in US

(Reuters) – Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam’s electric…

Dow futures climb; July inflation rises more slowly than expected

U.S. stock futures retained a positive tone Thursday, after data showed that U.S. annual inflation accelerated by less than expected…

Ford pushes Explorer EV launch date in Cologne

Detroit automaker, Ford Motor (NYSE:F) told workers Thursday morning that the company will be postponing the market launch of its…

Ralph Lauren slips 3% despite earnings beat

Ralph Lauren (NYSE:RL) shares fell nearly 3% in pre-market Thursday trading despite the company reporting better-than-expected results for its first…

Thyssenkrupp flags new cost cuts to regain investor confidence

(Reuters) – Thyssenkrupp (ETR:TKAG) on Thursday flagged a new cost-cutting programme to raise its performance and improve returns for shareholders,…