As part of the agreement, Foxconn Ventures Pte. Ltd., a subsidiary of Foxconn, will invest up to USD 170 million in Lordstown Motors Corporation, making the Taiwanese contract manufacturer the companys biggest sharehol
Category - Business News
Sweden has welcomed its youngest-ever climate minister, Romina Pourmokhtari, 26, into its new cabinet. The recommendation was reportedly presented by Prime Minister Ulf Kristersson,
Kylas, a Sales CRM explicitly designed for growing businesses, has recently announced its strategic collaboration with MyOperator, a cloud-based call management platform that empowers SMBs across India.
China’s e-commerce behemoth JD.com has reportedly exceeded Wallstreet’s quarterly revenue estimations, with the help of online sales & bringing their popular event ‘618’ back to life. This c
Danish jewelry brand Pandora A/S recently announced that it is betting high on lab-created diamonds, following its last year's statement to stop selling mined diamonds. To dra
As per reliable sources, South Korean wireless telecommunications behemoth SK Telecom Co. Ltd suffered a 67.6% reduction in Q2 profit due to its spinoff of semiconductor operations, which was launched in 2021.
DuPont de Nemours Inc. expects to take a greater blow from expenses related to logistics, raw materials, and energy for the year irrespective of price hikes which in turn could allow the materials manufacturer to susta
Nokia Corporation stated that it anticipates the worldwide semiconductor crisis to ease later this year as it announces a quarterly operating profit that exceeded market forecasts supported by strong 5G equipment deman
Volkswagen Group has announced new plans to double the sales of its electric ID vehicle series in China by this year-end. This comes despite the COVID-19 setbacks, with the automaker declaring its plan to supply up to