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 company....

Japanese automotive mogul, Toyota Motor Corporation recently released its quarterly results showcasing a worse-than-expected 25% drop in profits owing to soaring material costs and a persistent chip s....

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, leader of the rig....

The International Monetary Fund (IMF) has reportedly upped its criticism of the UK Chancellor of the Exchequer, Kwasi Kwartengs mini-budget, just days after warning that it will substantially dri....

The merger of Zee Entertainment Enterprises Ltd. with Sony Pictures Networks India Pvt. Ltd. and Bangla Entertainment Pvt. Ltd., which are both subsidiaries of the Sony Group Corporation, was reported....

Arcelor Mittal Nippon Steel Ltd., the biggest steel manufacturer in the world, has expressed interest in buying two debt-ridden Srei Group companies, intensifying the competition for their acquisition....

YouTube has reportedly revealed a new option for creators and influencers to monetize on short-form videos as it faces heavy competition from TikTok, the app that began hosting lip-sync and dance vide....

Dubai, which is already famous for its enormous skyscrapers like the Burj Khalifa, will soon have a resort in the shape of the moon with extraordinary features. According to sources, the 'Moon Dub....

Starbucks Corp. aims to raise the number of stores in China by 50% over the next three years, demonstrating confidence in its largest market outside of the United States, despite Covid-19 lockdowns an....