Fnality International, a fintech company that aims to use blockchain technology to facilitate cash transfers between financial institutions, announced on Monday that it had raised...
FTX Foundation employee sues for unpaid bonus after founder’s arrest
A former employee of the FTX Foundation, the charitable arm of the bankrupt cryptocurrency exchange FTX, has filed a lawsuit against the foundation and its...
Motozite: Making Luxury Vehicles Accessible
Motozite, an IIM Lucknow-incubated startup, is making luxury vehicles accessible to everyone through its online platform. The company offers a one-stop solution for buying, selling,...
US and Indonesia to Explore Potential Partnership on EV Minerals
The United States and Indonesia are set to discuss the possibility of a trade deal for critical minerals that are essential for electric vehicle (EV)...
Automobile and real estate markets in Nashik get a festive boost
The city of Nashik in Maharashtra has witnessed a surge in the sales of automobiles and real estate properties during the auspicious days of Dhanteras...
BYD: How China’s battery maker became a global leader in electric vehicles
BYD, or Build Your Dreams, is a Chinese company that started as a battery maker and later became one of the world’s largest electric vehicle...
Geely and Proton join forces to boost EV market in Southeast Asia
Geely, one of the leading automakers in China, has partnered with Proton Holdings, a Malaysian car company, to tap into the growing electric vehicle (EV)...
China faces deflation risk as pork prices plunge
China, the world’s largest consumer and producer of pork, is facing a deflation risk as pork prices have plummeted by more than a quarter in...
Fed keeps interest rates near zero amid inflation concerns
The Federal Reserve announced on Wednesday that it will keep its benchmark interest rate near zero, despite rising inflation and strong economic growth. The central...
UK Economy to Avoid Recession Despite Slowdown, Say Economists
The UK economy might see a slight dip soon, but economists at Pantheon Macroeconomics expect people to start spending more towards the end of the...
China’s trade data disappoints as exports fall and imports rise in October
China reported a worse-than-expected decline in exports and a surprising increase in imports for October, according to the latest official data released on Monday. The...
CNBC reports strong earnings as digital subscriptions surge
CNBC, the world leader in business news and real-time financial market coverage, announced its third-quarter earnings on Tuesday, beating analysts’ expectations and posting a 12%...
Global Automobile Tire Chain Market Expected to Grow Rapidly in 2023
The global automobile tire chain market is projected to witness a significant growth in 2023, according to a new report by Argyle Report. The report...
France’s Automobile Industry Faces Challenges Amid Lifestyle and Leisure Shifts
The French automobile industry, which has been a pioneer and a leader in the global market, is facing some challenges amid changing consumer preferences and...
Sri Lanka launches Automobile Industry Council to boost manufacturing and innovation
Sri Lanka has unveiled a new entity, the Automobile Industry Council (AIC), to guide the automobile industry into a new era of innovation, skill enhancement,...
Singapore Warns of Global Tightening Risk on Inflation Surprise
Singapore’s central bank chief has warned of the risk of global monetary tightening amid rising inflation pressures, as the city-state reported a higher-than-expected inflation rate...