German carmaker Audi and utility EnBW are setting up an electric car battery operation at EnBW's Heilbronn plant to build scaleable storage facilities by the end of this year, drawing on retired batteries to help power grids.
Daimler's Mercedes-Benz is seeking to streamline global production, the German carmaker said on Friday, resulting in a restructuring charge of hundreds of millions of euros in the second quarter.
Singapore authorities said they launched an investigation into Citadelle Corporate Services, Senjo Group and its subsidiaries after scrutinising collapsed German payments firm Wirecard's local operations.
The European Commission said on Friday it had given conditional approval for the use of COVID-19 antiviral remdesivir following an accelerated review process.
LONDON: Britain has joined forces with India's Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging US$1 billion between them to develop a fleet of low earth orbit satellites to boost broadband and other services. Under the deal announced on Friday, Britain ...
SINGAPORE's white-collar crime-buster and the Monetary Authority of Singapore (MAS) have launched a joint investigation into Citadelle Corporate Services and Senjo Group, following a review of developments relating to insolvent German fintech company Wirecard.
REUTERS: On a holiday weekend that would typically draw crowds to watch fireworks, march in parades and wave the red, white and blue, many Americans kicked off Independence Day exactly where they have been for months: at home. The holiday marking the country's 244 years of independence comes four...
When the Angolan government imposed its coronavirus lockdown in late March, local entrepreneur and innovator Claudio Kiala saw a gap in the market when it came to virtual entertainment.
ISTANBUL: Seven suspects went on trial in Turkey on Friday over their alleged involvement in former Nissan boss Carlos Ghosn's dramatic escape from Japan to Lebanon via Istanbul at the end of last year. Ghosn, once a titan of the global auto industry, had been arrested in Japan in...
LONDON: Indian conglomerate Bharti and the British government have won an auction for collapsed satellite broadband operator OneWeb, a person familiar with the situation told Reuters. Prime Minister Boris Johnson's government has pledged 500 million pounds (US$623 million) in equity and the two ...
