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US market proves a headache for global carmakers
Reuters via Yahoo Finance Canada· 2 days agoLONDON/DETROIT (Reuters) -Problems in the highly competitive U.S. car market including weak prices, high inventories and difficult logistics dented...
Swiss Banks Aim to Plug Crypto Payments Gap Left by US Collapses
Bloomberg via Yahoo Finance Canada· 4 days ago(Bloomberg) -- About a year-and-a-half after the collapse of crypto-friendly banks in the US,...
Alphabet pours $5B into Waymo, Cruise scraps the Origin and Elon’s bet on autonomy | TechCrunch
TechCrunch· 2 days agoListen to this interesting chat with Wayve founder and CEO Alex Kendall and his U.K. startup’s...
Stellantis ready to drop underperforming brands
Motor Authority· 1 day agoTavares warned that some of its brands could be dropped if they continue to underperform, after the automaker on Thursday reported a 48% drop in profits...
Why Stellantis CEO says US market needs fixing after dismal first-half performance
Detroit News· 1 day agoLast year, Stellantis NV notched record-high profit and revenue results, but this year, not so much....
Stellantis triggers government scrutiny with Comau stake sale
Reuters via Yahoo Finance Canada· 2 days agoMILAN (Reuters) -Carmaker Stellantis has agreed to sell a majority stake in its robotic unit Comau...
Chinese researchers create four-gram drone
The Register· 5 days agoAsia in brief Chinese researchers have created a drone that weighs just over four grams – less than a sheet of printer paper – and may be able to fly...
Eddie Yue gets 2nd HKMA term to lead Hong Kong's de facto central bank through complexity
South China Morning Post via Yahoo Finance Canada· 1 day agoHong Kong's government has appointed Eddie Yue Wai-man to a second five-year term as the city's de facto central banker, entrusting one of the first employees of the Hong Kong Monetary Authority ...
Carmaker Stellantis pledges to tackle problems in North America as profits plunge
The Canadian Press via Yahoo Finance Canada· 2 days agoMILAN (AP) — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and...
Banxa Appoints Co-CEOs To Lead The Business Into The Next Chapter
CNW· 2 days agoThis strategic move aims to leverage their combined expertise to propel Banxa into a new era of...