Kia Eyes Thai EV Plant Amid Southeast Asia’s Push for Electric Vehicles
South Korean car maker Kia Corp is in talks with Thailand to build an electric vehicle facility in the Southeast…
Tesla Stock Slides 7% Amidst Shipment Slump & New Price Cuts in China
Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles…
KPMG fined $2 million for ‘failures’ in M&C Saatchi audit
Britain’s accounting watchdog said on Monday it has fined KPMG 1.46 million pounds ($1.90 million) for “basic failings” in its…
Oil Steadies Near This Year’s High as OPEC+ Extends Output Cuts
Oil steadied near the highest level this year after OPEC+ extended its production cuts to the end of next quarter.…
Pfizer’s Ups and Downs: Vaccine Triumphs, Revenue Challenges
Pfizer (PFE) stock, which peaked in December 2021, has now fallen for two years as the drugmaker looks for its…
Salesforce Beats Expectations & Announces Dividends
Shares of Salesforce (CRM) are moving up as the company reported fourth-quarter earnings, posting adjusted earnings per share of $2.29…
SpaceX’s talks with Vietnam over Starlink on hold
SpaceX’s plans to provide communications services to Vietnam with its Starlink satellites have been put on hold, three sources familiar…
Puma launches 100 million euro share buyback programme
German sports apparel company Puma plans to return up to 50% of its net income to shareholders, it said on…
Google Play Judge Calls $700 Million Settlement Bad for Customers
A federal judge appeared skeptical of Alphabet Inc.’s $700 million proposed settlement with states and consumers to resolve claims that…
Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a…