SHANGHAI: Volkswagen will use Chinese software developers to help design a global autonomous vehicle architecture thanks to the prevalence of qualified programmers which carmakers are struggling to hire elsewhere, senior executives said on Monday (Apr 15). As carmakers scramble to develop advanced ...
REUTERS: Citigroup Inc reported a better-than-expected quarterly profit on Monday, boosted by a surge in investment banking revenue and lower expenses. Investment banking revenue rose 20 percent to US$1.4 billion, as strong growth in advisory and investment-grade debt underwriting more than offset ...
Daimler AG Chief Executive Officer Dieter Zetsche said the German automaker would add a new compact SUV to its lineup later this year.
Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen Chief Executive Martin Winterkorn in connection with the carmaker's manipulation of diesel emissions testing.
Best Buy Co Inc said on Monday Chief Executive Officer Hubert Joly would step down from his role in June and take over as the executive chairman.
Volkswagen wants to broaden its base of battery cell suppliers in China beyond CATL and is reviewing five companies to see whether they can meet quality and volume requirements for the multi-brand group.
BRUSSELS: European Union countries on Monday (Apr 15) gave the final green light for Brussels to open trade talks with Washington, despite France's opposition, several EU sources said. The EU's 28 member states had struggled for months to agree on a mandate to open trans-Atlantic talks, with some ...
SINGAPORE: CIMB Bank Singapore has launched another pet insurance plan for owners here. The My Paw Pal insurance plan, underwritten by Sompo Insurance Singapore, covers medical expenses and cremation or burial costs. The basic plan costs S$74.90 a year and protects against accidental death ...
BEIJING: Toyota Motor Corp has agreed to sell electric car technology to Singulato, its first deal with a Chinese electric vehicle startup, allowing the fledgling firm to speed up development of a planned mini EV. In return, Toyota will have preferential rights to purchase green-car credits that ...
SINGAPORE: Nanyang Technological University (NTU) scientists have invented a portable device that can detect trace levels of heavy metal contaminants in drinking water in just five minutes. Drinking water quality is typically monitored using highly accurate laboratory tests that take at least a ...
