According to the CEO of Mercedes-Benz, the company will focus its upcoming electric vehicle (EV) campaign on China, the world's largest auto market, beginning in 2025.   "To do this, we must master electric propulsion just as perfectly as digitalisation. That's what our customers expect,"...

The crisis in China's real estate market intensified once again on Friday, capping a stressful week for the protracted sector with a significant decline in the shares and bonds of Country Garden, one of the largest developers in the nation.   The company's Hong Kong-listed shares fell more...

Tennis coach Liu Zheng, who lives in Beijing, has a set schedule for every other Sunday: breakfast with her husband, a trip to the grocery store, and a later drive to her parents' house for dinner.   But her neighbourhood does not have a grocery. Instead, she decides to take a two-hour...

According to the CEO of the franchisee of Domino's pizza in India, the 49-rupee ($0.60) pizza in the coutnry, Domino's No. 1 market outside of America, represents the tip of the spear in its battle against rapid inflation that is pinching profitability and pricing out many customers.  ...

According to persons with knowledge of the situation, Nissan and Renault will announce their restructured alliance soon and have finalised the agreement, ending 10 months of occasionally contentious negotiations.   The automakers had intended to close the deal by the end of March after...

The open-source artificial intelligence model Llama from Meta will soon be available in a commercial version, the firm announced on Tuesday. This will provide start-ups and other companies with a strong free alternative to the pricy proprietary models offered by OpenAI and Google.   In a...

China's Xiaomi, which has lagged behind South Korea's Samsung in smartphone sales, will concentrate on growing its retail sales in India after years of significant investments on e-commerce, according to the country's president.   With 600 million smartphone users, India is one of the...

According to Adobe Analytics statistics released on Wednesday, the first day of Amazon.com's two-day Prime Day shopping event saw U.S. online sales increase by over 6% to $6.4 billion from a year earlier as buyers attracted by steep discounts splurged on toys and appliances.   Since they...

According to research firms, China's Huawei Technologies is planning to enter the 5G smartphone market by the end of this year, marking a comeback after a U.S. ban on equipment sales destroyed its consumer electronics sector.   According to three independent technological research...

An Indian court dismissed PepsiCo Inc.'s appeal against a decision to revoke a patent on a potato variety bred specifically for the well-known Lay's potato chips produced by the New York-based business.   The FC5 potato variety owned by PepsiCo had intellectual property rights that were...

Threads, the Twitter competitor of Meta Platforms, attracted 100 million sign-ups in just five days of launch, according to CEO Mark Zuckerberg, ousting ChatGPT as the fastest-growing website to accomplish the feat.   Since its Wednesday launch, Threads has had record-breaking user growth as...