News
Ford Plans Seven New European Models By 2029
2+ hour, 25+ min ago (247+ words) Finimize Ford Plans Seven New European Models By 2029 After years of shrinking share and factory cuts, Ford is leaning on new EVs, hybrids, and commercial vans while pushing back on Europe's all-electric timeline. What's going on here? Ford is rebooting…...
Musk Says Tesla's Unsupervised Robotaxis Could Spread This Year
3+ hour, 13+ min ago (345+ words) Finimize Musk Says Tesla's Unsupervised Robotaxis Could Spread This Year He told an Israeli conference the Texas rollout could expand across the US, even as regulators flag safety issues and early testers cite long waits and imperfect drop-offs. What's going…...
Sonova Sets Its Sights On Asia-Pacific For Hearing-Aid Growth
3+ hour, 43+ min ago (136+ words) The hearing-aid maker is rolling out "made for Asia" products and new distribution over the next few years, betting on low adoption and aging populations while managing tighter local pricing and near-term margin pressure. Sonova, a Switzerland-based hearing-aid maker, says…...
Kevin Warsh Steps In At The Fed, And Rate Cuts Look Less Likely
3+ hour, 18+ min ago (138+ words) With inflation still above target and bond yields rising, the new Fed chair may keep policy tight and even leave the door open to hikes " despite White House pressure. Kevin Warsh is expected to be sworn in as the next…...
Baidu's Cloud And AI Sales Carried A Better-Than-Expected Quarter
4+ hour, 7+ min ago (141+ words) China's enterprise AI buildout is driving cloud demand " helping Baidu offset a sharp drop in ad revenue and beat first-quarter sales estimates. Baidu's first-quarter results topped expectations, with its cloud and artificial intelligence (AI) offerings growing fast enough to help…...
Prudential Buys Control Of Bharti Life To Expand In India
6+ hour, 33+ min ago (142+ words) The insurer is paying 35 billion rupees for a 75% stake, aiming to scale distribution in a low-penetration market while preparing for regulator-required changes to its ICICI Prudential Life holding. Prudential, a UK-based insurer, agreed to buy a 75% stake in Bharti Life…...
Australia's Stock Slide Shows How Much It Still Tracks Commodities
6+ hour, 17+ min ago (129+ words) The ASX 200 hit a one-month low as miners and gold stocks sank, while rising oil prices lifted energy names like Santos even as bond yields and inflation worries stayed in focus. Australia's stock market just got another reminder of what…...
OHB Preps A "1 Billion-Plus Share Sale To Expand Its Float
7+ hour, 48+ min ago (112+ words) The space and defense group is working with banks including Berenberg and Commerzbank on a "re-IPO" that could raise fresh cash and put more shares into public hands. German space and defense company OHB is preparing a "re-IPO" " a share…...
Viewtrix Technology Takes Its AMOLED Chip Business To Hong Kong
12+ hour, 10+ min ago (156+ words) The Chinese display driver IC designer has kicked off a Hong Kong IPO to raise about HK$1. 10 billion, with most proceeds slated for next-gen AMOLED and micro-display R&D. Viewtrix Technology, a Chinese active-matrix organic light-emitting diode (AMOLED) display driver chip…...
Japan Builds Southeast Asian Rare-Earth Supply Chains For Fuel Cells
12+ hour, 28+ min ago (353+ words) Finimize Japan Builds Southeast Asian Rare-Earth Supply Chains For Fuel Cells Sumitomo Metal Mining and Sojitz are expanding scandium sourcing beyond China as fuel cells gain a bigger role in powering energy-hungry AI data centers. What's going on here? Japanese…...