Eurasia

Amsterdam may reportedly take the lead over London in potentially hosting Unilever Plc’s (NYSE:UL) ice cream unit listing, valued at €17 billion ($18.4 billion). While the final listing decision remains pending, the Dutch government advocates for Unilever’s adherence to its...

Baidu, Inc (NASDAQ:BIDU) stock is trading higher Monday amid reports of its partnership with Apple Inc (NASDAQ:AAPL) to supply artificial intelligence (AI) services for the upcoming iPhone 16 and other Apple products in China.  The collaboration reportedly extends to the...

Nissan Motor Co., Ltd (OTC:NSANY) announced plans to introduce 30 new models by fiscal 2026, targeting a global sales increase of 1 million vehicles with improved profitability and electrification. Of the 30 new models, 16 will be electrified, with a goal to reduce the cost of EVs by...

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) dipped in premarket trading on Monday after a Financial Times report claimed China plans to phase out U.S.-made microprocessors from government computers and servers. This move aligns with China’s broader push for...

Ferrari N.V. (NYSE:RACE) saw a remarkable surge in sales in Taiwan, outpacing China and Hong Kong, thanks to the flourishing wealth of the country’s chip entrepreneurs and the diversification of global supply chains. What Happened: Ferrari’s sales in Taiwan have doubled over the past...

Hyundai Motor Co., Ltd. (OTC:HYMTF) and Kia America have reportedly recalled a combined 147,100 U.S. vehicles on Thursday. The National Highway Traffic Safety Administration (NHTSA) said that the Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-volt battery, which...

China’s Leapmotor has reportedly partnered with Stellantis N.V. (NYSE:STLA) to produce small electric vehicle cars in Poland. In a strategic move to tap into the European market, China’s Leapmotor, in collaboration with Stellantis, will commence the production of small electric cars in...

Genius Group Limited (NYSE:GNS) shares are trading lower after the company updated its FY24 guidance. The company raised the outlook for revenue to $105 million – $110 million, from $58 million – $60 million earlier. Genius also boosts adjusted EBITDA outlook to $6.0...

NaaS Technology Inc. (NASDAQ:NAAS) inked a pact with China Southern Power Grid (Hainan) EV Service Co to bolster the connectivity of charging infrastructure and payment service in Hainan Province. Hainan Province has the highest penetration rate of EVs among China’s provincial...

TotalEnergies SE (NYSE:TTE) disclosed the restart of the Tyra hub in the Danish North Sea after completing a redevelopment project for this hub. The Tyra hub is expected to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day at a plateau. TotalEnergies...

Lam Research Corp (NASDAQ:LRCX) is reportedly exploring its supply chain diversification amid concerns over the impact of U.S. export controls on its business operations in China.  The company’s Group Vice President of Global Operations, Karthik Rammohan, visited Hanoi for...

Amidst talks of a potential TikTok ban, Kevin O’Leary of “Shark Tank” fame expressed interest in purchasing the Chinese-owned app on Thursday. What happened: O’Leary revealed that several groups are forming to bid for TikTok, and he’s among...

Chinese e-commerce solutions provider Baozun Inc (NASDAQ: BZUN) reported a fourth-quarter fiscal 2023 revenue growth of 8.9% year-on-year to RMB2.78 billion ($391.6 million), beating the consensus of $382.2 million. Adjusted EPS per ADS was $0.07 vs. the consensus of $...

Japan Airlines Co Ltd (OTC:JPNRF) will acquire 42 new aircraft from Boeing Company (NYSE:BA) and Airbus SE (OTC:EADSY) as part of its fleet renewal plan. The Tokyo-based carrier disclosed its plans to purchase 21 Airbus A350-900 aircraft from Airbus, along with 11...

Barclays PLC (NYSE:BCS) is reportedly preparing to cut hundreds of jobs across its investment bank to dismiss under-performers in the division. The headcount reductions are a result of the bank’s annual review process and are expected to take place in the coming months, as per Reuters...