Eurasia

Japanese conglomerate Hitachi Ltd. (OTC:HTHIF) and Microsoft Corp (NASDAQ:MSFT) have unveiled a projected multi-billion dollar collaboration spanning the next three years, aimed at propelling social innovation with generative AI. The strategic alliance seeks to enhance Hitachi’s Lumada...

NIO Inc. (NYSE:NIO) shares are trading lower in the premarket session on Tuesday. The Chinese electric vehicle manufacturer unveiled its most recent organizational reshuffle, which encompasses its various businesses, including the sub-brand Onvo, CnEV Post reported. The company stated that this...

Japanese transportation ministry officials reportedly conducted an on-site investigation at the headquarters of Toyota Motor Corporation (NYSE:TM) following the discovery of irregularities in its applications to certify specific vehicle models. The broadening repercussions of the certification test...

Tech behemoth Microsoft Inc. (NASDAQ:MSFT) is reportedly targeted in two complaints filed by privacy advocacy group NOYB to the Austrian privacy watchdog, targeting the tech giant’s online education software. Online educational programs surged during the COVID-19 pandemic, with schools...

Nasdaq, Inc. (NASDAQ:NDAQ) and The European Energy Exchange deal could reportedly face a full-scale investigation by EU antitrust regulators unless the Deutsche Boerse unit enhances its measures to address competition concerns. EEX is aiming to acquire Nasdaq’s European power trading and...

The European Commission has given the green light to a €2 billion Italian initiative aimed at supporting STMicroelectronics N.V. (NYSE:STM) in establishing and running an integrated chip manufacturing facility in Catania, Sicily. The facility will produce Silicon Carbide (SiC) power devices,...

Yesterday, Rio Tinto Group (NYSE:RIO) and BHP Group Limited (NYSE:BHP) announced their plan to collaborate to test large battery-electric haul truck technology in the Pilbara, Western Australia. The partnership reflects the individual commitments made by BHP, Rio...

Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google has invested in Flipkart, the Indian e-commerce firm backed by Walmart Inc (NYSE:WMT). The latest funding round is led by Walmart. Google’s proposed investment and its...

KKR & Co. Inc. (NYSE:KKR) disclosed the acquisition of significant minority stake in Infinx, a provider of data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the U.S. market. The financial terms were not disclosed. With this...

Advanced Energy Industries, Inc. (NASDAQ:AEIS) disclosed a possible offer to acquire the entire issued and to be issued shares of XP Power Ltd. (OTC:XPPLF) for £19.50 per share in cash. The proposal reflects a 68% premium to XP Power’s closing share price of £11....

Visa Inc. (NYSE:V), Mastercard Inc. (NYSE:MA), and their increasing fees on retailers have not resulted in significant service improvements, according to the provisional findings of Britain’s Payment Systems Regulator (PSR). The PSR expressed concerns that...

Monday, PTC Therapeutics Inc (NASDAQ:PTCT) announced that the European Commission (EC) has decided not to adopt the CHMP’s negative opinion on the annual renewal of the conditional marketing authorization of Translarna (ataluren) and has returned the opinion to the CHMP for re-...

Volkswagen AG’s (OTC:VWAGY) luxury vehicle subsidiary, Audi said it is planning to develop new models built on a China-specific platform named “Advanced Digitized Platform” for the next generations of premium intelligent, connected vehicles (ICV) along with SAIC. The cooperation...

Germany is reportedly on the verge of deciding to remove Chinese technology from its 5G core network by 2026, with three out of four relevant ministries backing the measure due to national security concerns. The foreign and economy ministries support the interior ministry’s proposal...