Estimated read time 3 min read

China’s Shein faces regulatory review ahead of U.S. IPO

China’s leading fast-fashion brand Shein is undergoing a comprehensive security review by China’s Cyberspace Administration (CAC) as it prepares for its much-anticipated initial public offering [more…]

Estimated read time 3 min read

Meyer Burger Technology to close solar module manufacturing facilities in Germany

Switzerland-based Meyer Burger Technology has revealed plans to shut down its solar module manufacturing facilities in Germany, citing a challenging market environment in Europe. The [more…]

Estimated read time 3 min read

Volkswagen’s quest for EV batteries, exploring options beyond QuantumScape

Volkswagen has been at the forefront of the electric vehicle (EV) revolution, with ambitions to develop solid-state batteries that promise longer ranges and shorter charging [more…]

Estimated read time 2 min read

Federal Judge blocks JetBlue’s acquisition of Spirit Airlines

In a significant blow to JetBlue Airways, a federal judge has blocked its $3.8 billion purchase of Spirit Airlines after the Justice Department sued to [more…]

Estimated read time 2 min read

KDDI to spearhead telecommunications and fare collection systems for Manila’s first subway

In a bid to alleviate traffic congestion and reduce air pollution in Manila, Japanese telecommunications giant KDDI has announced its involvement in the development of [more…]

Estimated read time 2 min read

Citigroup announces massive layoffs following fourth quarter loss

Citigroup’s CFO Mark Mason announced on Friday that the company plans to lay off 20,000 employees over the next two years. This decision comes after [more…]