1.TESLA: Tesla stock traded 1.6% higher in Monday’s premarket as the company recorded a 73% jump in deliveries in the third quarter. The company handed over 241,300 vehicles while production jumped 64% to 237,823 units. Tesla delivered a combined 232,025 Model 3 sedans and Model Y compact sport-utility vehicles...
1.Goldman Sachs: Goldman Sachs has appointed Andy Tai as head of investment banking in Southeast Asia, according to an internal memo seen by Reuters. Tai, who retains his senior role as a technology, media and telecom banker at the U.S. bank, will relocate to Singapore from Hong Kong to...
1.FORD: The plan for Ford Motor Co and Korean battery partner SK Innovation to build three battery plants in the United States, announced this week, will prompt a furious drive by labor leaders to organize the plants, potentially setting the tone for future union drives at auto industry factories in...
1.DAIMLER: Daimler’s Mercedes-Benz said on Friday it will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC), expanding its European sourcing of battery cells key to its EV ambitions and currently produced primarily in Asia. ACC, founded in 2020 by France’s Stellantis and TotalEnergies, will begin supplying...
1.SOFTBANK:Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, with players including ex-England international Rio Ferdinand and Spain’s Gerard Pique also investing, the company said on Tuesday. Paris-based Sorare said the investment valued the company at $4.3 billion. Founded in 2018, Sorare...
1.GOOGLE :South Korea’s antitrust regulator has fined Alphabet Inc’s Google 207 billion won ($176.64 million) for blocking customised versions of its Android operating system (OS), in the U.S. technology giant’s second setback in the country in less than a month. The Korea Fair Trade Commission (KFTC) said on Tuesday...
1.TENCENT : China’s largest gaming and social media company has lost more than HK$2.7 trillion ($347.13 billion) in market value since its shares reached an all-time high in mid-February. The company has been fined for failing to report past deals to anti-trust regulators, its $5.3 billion plan to merge...
1.TOYOTA:-Toyota Motor Corp said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system – a bid to lead in the key automotive technology over the next decade. The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles...
Vodafone is trading down 0.30% at 121.90 All-you-can-watch video products offered by Vodafone (NASDAQ:VOD)and Deutsche Telekom (OTC:DTEGY) in Germany violated regional rules on roaming and net neutrality, the European Union’s highest court ruled on Thursday. The landmark ruling deals a blow to popular mobile products such as Deutsche Telekom’s...