Chinese drone maker DJI sues Pentagon for military designation
SZ DJI Technology said it has sued the US Department of Defense for adding the Shenzhen-based drone maker to a ...
Tag: Maker
Ray-Ban maker EssilorLuxottica misses sales expectations as China slows
FRANCO-ITALIAN eyewear maker EssilorLuxottica, opens new tab missed third-quarter revenue expectations on Thursday (Oct 17), dented by a slowdown in ...
Battery maker LG Energy profit declines as global EV sales slump
THE global slowdown in electric vehicle (EV) sales has hit LG Energy Solution, with the Korean battery maker’s third-quarter profit ...
China’s stimulus has EV maker talking best Golden Week in years
CHINA’S multi-pronged stimulus package helped supercharge electric vehicles (EVs) sales during the week-long National Day holiday, with one manufacturer describing ...
Wine maker Duckhorn to be acquired by Butterfly Equity in US$1.95 billion deal
PREMIER luxury wine maker Duckhorn Portfolio said on Monday (Oct 7) it would be taken private by Butterfly Equity in ...
IPhone maker Hon Hai sustains revenue rebound with help from AI
Hon Hai Precision Industry’s revenue growth accelerated last quarter, sustaining a bounce-back as demand for the servers that drive artificial ...
Temasek in talks for US$1 billion-plus stake in India’s biggest snack maker
TEMASEK is in talks to buy a minority stake in Haldiram Snacks, sources familiar with the matter said, a transaction ...
Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial ...
UAW urges Stellantis workers to authorise strike, accuses car maker of breaching contract
THE United Auto Workers (UAW) union asked the workers at Stellantis to authorise a strike, accusing the French-Italian car maker ...
South Korean battery maker SK On to cut workforce amid challenging EV market
SOUTH Korean battery maker SK On said on Thursday (Sep 26) that it plans to introduce voluntary measures aimed at ...
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