Business

China's Huawei says sales down but new ventures growing

Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.

Business

Indian food delivery giant Zomato eyes $1.3bn IPO

Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities.

Automotive

Stellantis CEO says 4th largest carmaker to be disruptive

Stellantis CEO Carlos Tavares on Wednesday said the new car company formed from the merger of Fiat Chrysler Automobiles and PSA Peugeot would be a "disruptive" force in the industry, and that both sides would provide technologies ...

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