Xiaomi’s $8 Billion Rally at Stake as Costly EV Bet Makes Debut

Xiaomi Corp.’s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle…

Toyota’s global sales slide 7% in February, led by slumps in China and Japan

Toyota Motor’s global sales dropped 7% in February from a year earlier, hurt by a heavy decline in China due…

Big Oil’s Climate Planning Falls Short, Investor Group Warns

The current low-carbon transition plans of 10 of Europe’s and North America’s biggest listed oil and gas companies are not…

Today’s Surge: Micron Technology Stock on the Rise Again

Shares of Micron Technology (NASDAQ: MU) were moving higher again on Monday as the memory chip specialist continued to rally…

Nvidia could be primed to be the next AWS

Nvidia and Amazon Web Services, the lucrative cloud arm of Amazon, have a surprising amount in common. For starters, their…

Tesla Stock: Buy, Sell, or Hold?

Tesla (NASDAQ: TSLA) has become synonymous with electric vehicles (EVs) as the technology becomes more widely adopted. But that association…

China scrutinises PwC role in $78 billion Evergrande fraud case

Chinese authorities are examining the role of PricewaterhouseCoopers(PwC) in China Evergrande Group’s accounting practices after the developer was accused of…

BMW targets steady 2024 margins as electric spending peaks

BMW said on Thursday it was targeting 2024 automotive profit margins broadly in line with last year and expected a…

Mastercard Teams with Alibaba’s Alipay for Cross-Border Payments in China

Mastercard Inc is enhancing its capabilities in cross-border remittances by partnering with Alipay, the mobile payments powerhouse affiliated with Alibaba…

Nike, Micron, Lululemon: Earnings Reports Await Amid Downtrend

Dow Jones stock Nike (NKE) headlines the latest earnings calendar, along with Micron Technology (MU), but the two stocks are…