Automotive

Ford unveils venture with chip company to boost supply

Ford announced Thursday a "strategic collaboration" with chip company GlobalFoundries to bolster its supply of semiconductors as the automaker grapples with a global shortage of the crucial components.

Business

Sotheby's ramps up NFT operations

Sotheby's auction house launched a dedicated platform for collectors of NFTs Thursday and announced a twice-a-year sale of the digital objects, a sign of its commitment to the craze.

Business

Walmart opens delivery services for all businesses

US shopping giant Walmart on Tuesday announced it was opening a delivery service for businesses, including other retailers, in its latest push to reposition itself and fend off Amazon's rise.

Engineering

Developing next-gen, smart engine fan blades

The Fourth Industrial Revolution (Industry 4.0) is transforming the way companies in many industries are manufacturing their products, and the aerospace industry is no exception. For example, aircraft manufacturers are improving ...

Automotive

Chip shortage 'likely' to hit second half, BMW predicts

German car giant BMW posted record profit of 4.8 billion euros for the second quarter on Tuesday, but warned the second half of the year would "likely" be affected by semiconductor shortages.

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