Eurasia

Hyundai Motor Co., Ltd.‘s (OTC:HYMTF) unionized workers in South Korea reportedly voted in favor of potential strike action following stalled negotiations with the company regarding wage increases and the extension of retirement age. The union, which counts over 43,000 members and ranks among...

BP p.l.c. (NYSE:BP) reportedly plans to assess expanding and diversifying its biofuel operations in Brazil, exploring new products like second-generation ethanol and sustainable aviation fuel following its acquisition of a stake in BP Bunge Bioenergia. Last week, the British oil major bought...

China has reportedly imposed sanctions on several subsidiaries and senior executives of Lockheed Martin Corp. (NYSE:LMT) in response to U.S. arms sales to Taiwan. The sanctions include freezing the assets of Lockheed Martin’s senior executives, including Chairman James Donald Taiclet, and...

Plug Power, Inc. (NASDAQ:PLUG) disclosed on Friday that it secured an order for 25 megawatts of proton exchange membrane electrolyzer systems for a European customer. The project will incorporate five Plug Power 5 MW containerized PEM electrolyzers to decrease the company’s carbon footprint...

Following auctions in Germany, TotalEnergies SE (NYSE:TTE) announced that it had won the maritime concession N-11.2 from the German Federal Network Agency. As per the terms, Offshore Wind One GmbH will pay €196 million to the German government by June 2025 for marine conservation and promoting...

Spanish financial services provider Banco Santander SA (NYSE:SAN) is reportedly nearing an agreement with Amazon.com Inc. (NASDAQ:AMZN) to offer financing options for European buyers on the e-commerce platform. The deal, which is in advanced negotiations, is expected to launch in Germany first and...

German drug developer Evotec SE (NASDAQ:EVO) is reportedly consulting defense advisers following a significant drop in share price, raising concerns about the company’s vulnerability to a takeover. Multiple buyout firms are reportedly evaluating Hamburg-based Evotec as a potential acquisition...

BP p.l.c. (NYSE:BP) shares are trading higher after the company agreed to purchase Bunge Global SA‘s (NYSE:BG) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for an enterprise value of about $1.4 billion. The acquisition will consolidate 100% of the venture’s...

Cheche Group Inc. (NASDAQ:CCG) shares are trading higher after the company announced a partnership with NIO Insurance Broker, a unit of NIO Inc. (NYSE:NIO), as Cheche continues to deepen its collaborations with new energy vehicle (NEV) manufacturers. Under the deal, Cheche’s...

He Xiaopeng, chairman and CEO of XPeng Inc. (XPEV), is reportedly in the U.S. testing Tesla, Inc.‘s (NASDAQ:TSLA) full self-driving software, which is slated for introduction in China later this year. He also asked his followers what aspects they are most interested in comparing between Tesla...

William Li, founder, chairman, and CEO of NIO Inc. (NYSE:NIO), has voiced his opposition to the European Union’s newly imposed tariffs on Chinese electric vehicles (EVs). Despite this challenge, he reportedly emphasized that NIO’s forthcoming models under its third brand, known as...

Ford Motor Company (NYSE:F) is reportedly planning additional job cuts across its operations in Germany, Spain, and the U.K. This development is part of a broader strategy to streamline its workforce in Europe, particularly as the company shifts its focus towards electric vehicle (EV) production....

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading lower on Tuesday. The company inked a pact with LG Electronics to build a strategic partnership for future innovations in EV charging. The initial result of this partnership will be commercial charging solutions integrating ChargePoint...

Tuesday, AstraZeneca Plc (NASDAQ:AZN) announced topline data from the CAPItello-290 Phase 3 trial for Truqap (capivasertib) in combination with paclitaxel in patients with locally advanced (inoperable) or metastatic triple-negative breast cancer (TNBC). The study did not meet the dual...

Adidas AG (OTC:ADDYY) has reportedly initiated an internal probe into serious bribery allegations in its China operations following a whistleblower’s claims, which detailed misconduct involving high-ranking officials within the company. The accusations came to light through a whistleblower...