Maker
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 that may value India’s biggest snack maker at about...
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 production, bringing its total investment in the company to...
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 of breaking its contract promises, UAW President Shawn Fain...
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 reducing its workforce, as the company seeks to improve...
Chinese EV maker Nio slams ‘unreasonable’ US, EU tariffs
NIO founder William Li hit out at the European Union and the US, saying their moves to level tariffs on electric cars are unreasonable and urged them to cooperate...
Dulux maker Akzo Nobel plans to cut about 2,000 jobs globally
DULUX paint maker Akzo Nobel plans to cut about 2,000 jobs globally as part of efforts to reduce costs, targeting positions in its head offices, the Dutch company said...
Vietnamese EV maker VinFast reports wider sequential gross loss
VIETNAMESE electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday (Sep 20), driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a...
Japan walkie-talkie maker says investigating after Lebanon blasts
JAPANESE firm Icom said on Thursday (Sep 19) that it was investigating after media reported that two-way radio devices bearing its logo exploded in Lebanon.
“Earlier today in worldwide media,...
