China's BYD Launches Electric Vehicle Factory in Thailand, Expanding Regional Presence

China's BYD Launches Electric Vehicle Factory in Thailand, Expanding Regional Presence

BYD, China's largest electric vehicle maker, has opened its first factory in Southeast Asia in Thailand, marking a strategic move into the region's growing EV market supported by government incentives.


Saks Fifth Avenue's Parent Company HBC to Acquire Neiman Marcus for $2.65 Billion

HBC, the parent company of Saks Fifth Avenue, has announced a $2.65 billion acquisition deal with Neiman Marcus Group.

Dove’s ‘Real Beauty’ Leader Resigns Amidst Marketing Campaign Backlash

Dove's global chief marketing officer, Alessandro Manfredi, announced his departure from Unilever after two decades, citing product backlash from controversial marketing campaigns.

German State Approves Tesla's Gruenheide Plant Expansion Despite Environmental Concerns

German environmental authorities in Brandenburg have approved Tesla's Gruenheide plant expansion, sparking environmental concerns over water supply risks and local ecosystem impacts.


Latest News

China Leads the Generative AI Patents Race, Far Surpassing the US: UN Report
China filed six times more patents for artificial intelligence (AI) technologies than United States-based inventors, according to a UN report.
Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
JAPAN-ECONOMY-AVIATION-JAL-RESULTS
Japan Airlines (JAL) and All Nippon Airways (ANA) have implemented strict guidelines to counter rising customer harassment, including sexual harassment, abusive language, physical assault, and indecent behavior.
'Tinder Scam': Indian Man Faces Shockingly Expensive Bill at Restaurant After Online Date Gone Wrong
An unexpected Tinder date turned into a costly affair for an Indian man, who faced a staggering restaurant bill.
Criminals Are Stealing Billions From Music Industry Through Fake Streams: Report
Criminal groups are siphoning billions of dollars annually from the music industry through fraudulent streaming activities, according to a streaming technology firm.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Amazon to Discontinue Its Astro for Business Security Robot
Amazon has announced it will discontinue its Astro for Business security robot and shift its focus back to household robots.
[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes
Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
Sony Cuts Jobs in Optical Media Plant, Phases Out Physical Disc Production
Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.
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