Companies

EasyJet, a budget airline, has experienced a significant 70% drop in pre-tax profits for the April to June quarter, primarily due to the impact of rising fuel costs and shifts …

Apple is set to enhance its domestic semiconductor production through a new multi-year partnership with Broadcom, committing over $30 billion to manufacture more than 15 billion chips in the United …

LG Electronics has announced its highest-ever financial results for the second quarter, fueled by strong demand across its home appliances, vehicle components, and HVAC systems sectors. The South Korean conglomerate …

Apple has announced an increase in prices for several of its iPad and MacBook models, attributing the hike to a surge in memory and storage chip costs. This rise in …

A new collaboration among Singapore’s Sharpa, Nvidia, and China’s Unitree aims to revolutionize the field of humanoid robotics by developing an advanced platform for research and training in complex manual …

U.S.-based investment firm Castlelake has expressed interest in acquiring EasyJet, a major European low-cost airline, by revealing plans to consider a takeover bid. Castlelake, which has already purchased a 2.14% …

A collaborative effort between Japanese automotive companies and Chinese automaker Chery Automobile has given rise to a new electric vehicle brand targeting the Japanese market. The brand, named EMTA, has …

Sony is raising the MSRP of its PlayStation 5 lineup globally, citing a “careful evaluation” of escalating supply chain expenses. In the American market, gamers will see the flagship PS5 …

The head of Shell has joined financial leaders in highlighting how the current maritime blockade could trigger a “stark and steep” global recession. If oil prices climb toward $150 per …

Chinese car manufacturers are reinventing their global strategy by moving production closer to their international customers. Rather than relying solely on shipping finished goods, these companies are now reviving dormant …