Maker
VinFast chief plans to invest US$1 billion more from his fortune in EV maker
VIETNAMESE billionaire Pham Nhat Vuong said on Thursday (Apr 25) that he planned to invest US$1 billion more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast,...
Bubble tea maker Chabaidao slumps 10% in Hong Kong’s biggest 2024 debut
SICHUAN Baicha Baidao Industrial, also known as Chabaidao, plunged 10 per cent in its trading debut, indicating diminished demand for shares of companies making hugely popular bubble tea.Shares traded...
Vietnam’s EV maker VinFast reports narrowing losses even as sales fall
VINFAST Auto’s first-quarter loss narrowed while car sales declined as the Vietnamese EV maker sets ambitious goals to be a global brand amid declining worldwide demand for electric vehicles....
‘Grand Theft Auto’ maker Take-Two to let go 5% of staff, scrap some projects
TAKE=TWO Interactive Software will lay off about 5 per cent of its workforce, or around 600 employees, the publisher of the Grand Theft Auto franchise said on Tuesday, as...
China EV maker Nio urges openness in US speech amid tensions
CHINESE electric vehicle (EV) maker Nio’s founder called for openness in a rare speech in the United States, where politicians have been seeking to further restrict China’s access to...
Vietnam EV maker VinFast’s challenges escalate risk for parent Vingroup
AS VIETNAM’S biggest conglomerate Vingroup doubles down on its electric vehicle business with ambitious global expansion plans, it faces growing financial risks stemming from loss-making unit VinFast Auto.VinFast’s rapid...
Apple Alert! iPhone Maker Warns Users in 92 Countries about Possible “Mercenary Spyware” Attack
Apple is gearing up to notify users in 92 countries including India about a potential exposure to a sophisticated "mercenary spyware" attack. This alert aims to help users stay...
EV maker Lucid beats Q1 delivery estimates
LUCID reported first-quarter deliveries above market expectations on Tuesday (Apr 9) as price cuts helped boost demand for its luxury electric sedans.The company handed over 1,967 vehicles in the...
