Automotive

Italian EV startup takes on US, Chinese rivals with design

Elon Musk's Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the lower cost of building EVs compared ...

Business

Hong Kong to explore legalizing crypto for retail investors

Hong Kong is "back in business" and exploring whether to legalize crypto trading by retail investors, the city's finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image.

Business

Problems soar for airlines despite pandemic recovery

Desperate to put the coronavirus pandemic behind them, airlines will hold talks on Sunday ahead of a potential summer of chaos with shortages and strikes that could threaten their recovery.

Business

Steady need for new planes despite pandemic: Airbus

The pandemic will have no long-term impact on the need for new aircraft, according to a market outlook released Saturday by European plane maker Airbus, which foresees greener fleets emitting less CO2.

Automotive

Mercedes sketches out all-electric scenario by decade's end

Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would "in essence" ...

Automotive

Ford recalls 775,000 Explorer SUVs

Ford announced Friday it is recalling about 775,000 Explorer vehicles due to a problem in the rear of the car that can reduce steering control and increase crash risk.

Automotive

Opel to be 100% electric in Europe by 2028: CEO

German carmaker Opel said Thursday that it would stop producing cars with internal combustion engines in Europe by 2028, one of the most ambitious greening targets in the accelerating shift to electric vehicles.

Business

UK to regulate streaming giants in media shake-up

The British government on Wednesday announced plans to subject online streaming platforms to tighter regulation as part of a wider shake-up of the country's media landscape.

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