Companies

China’s automotive industry is no longer just a manufacturing hub for the world; it is becoming a global neighbor through localized production. Companies are shifting away from the traditional model …

Huawei has set a new global benchmark for automotive sensing technology with the launch of its 896-line LiDAR system. Part of the Qiankun intelligent driving suite, this device offers four …

Honda Motor Co. has forecast its first annual loss in nearly 70 years after announcing massive restructuring costs tied to its electric vehicle business. The company expects charges of up …

World-leading fashion retailer Inditex has reported an €8bn pre-tax profit for the year, driven by robust sales and a massive investment in retail technology. This financial success has paved the …

Despite a “subdued” retail climate, the John Lewis Partnership has managed to grow its underlying profits and reward its staff with a 2% bonus. This is the first such payment …

SpaceX is reportedly leaning toward a Nasdaq listing for an IPO that aims for a historic $1.75 trillion valuation. This move would represent the largest market debut ever recorded, surpassing …

Toyota’s long-term performance strategy took a major step forward with the introduction of the GR GT prototype, scheduled for market arrival around 2027. The model aims to elevate the Gazoo …

Amazon reported weaker-than-expected cloud revenue and operating income forecasts for the first quarter, raising concerns about the performance of its cloud unit, Amazon Web Services (AWS). AWS revenue rose 16.9% …

Apple Inc. has reported stronger-than-expected results for its fiscal second quarter, posting $95.36 billion in revenue and earnings of $1.65 per share, surpassing analyst expectations. iPhone sales were particularly robust …