Automotive

Volkswagen cranks up electric car investment

German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digitalisation to 89 billion euros ($101 billion) over the next five years.

Energy & Green Tech

France's $35B innovation plan includes nuclear reactor funds

French President Emmanuel Macron on Tuesday unveiled a 5-year, 30 billion-euro ($35 billion) investment plan for developing innovative technology and industrial activity, including building small nuclear reactors, electric ...

Business

Samsung boss goes on trial on drugs charges

The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong went on trial Tuesday on charges of illegally using the anaesthetic propofol, the latest legal travail to beset the multi-billionaire.

Business

SoftBank reaches deal with WeWork

Internet investor SoftBank Group said Saturday it reached a settlement with WeWork co-founder Adam Neumann and other investors in the office sharing giant, amid reports that the deal would give the ex-CEO an extra $50 million.