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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
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24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia16/11/2021

Earlier in the day, reports had emerged that Audi had closed a deal to acquire the entire McLaren group. Audi had been exploring an acquisition of the McLaren Formula 1 team to facilitate its entry into the pinnacle of motorsport in 2026 when the new engine formula come into the sport. It had been open […]

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Retail Asia15/11/2021

Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm’s value to over $1 trillion. The billionaire sold 1.2 million shares held by his trust for more than $1.2 billion on Friday, the latest in a […]

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Retail Asia15/11/2021

General Motors Co is seeing a better flow of semiconductors, and most of its assembly plants in North America are now back to running regular production, including Mexico, a GM spokesperson told Reuters in emailed comments. “In fact, the week of November 1 represented the first time since February that none of our North American […]

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Retail Asia15/11/2021

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German chipmaker Infineon expects the global semi-conductor shortage to remain well into 2022, it said as it posted a 10% rise in fourth-quarter revenue on soaring demand for chips used in everything from cars to home appliances. Shares of the company rose 2% in Wednesday morning trade. Infineon, which gets about 40% of sales from […]

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Retail Asia12/11/2021

China’s auto sales fell in October for a sixth consecutive month, slumping 9.4% from a year earlier, industry data showed on Wednesday, as a prolonged global shortage of semiconductors disrupts production. Overall sales in the world’s biggest car market were 2.33 million vehicles in October, data from the China Association of Automobile Manufacturers (CAAM) showed. […]

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Retail Asia12/11/2021

Porsche AG, part of the Volkswagen Group, profits from being part of Volkswagen, its CEO Oliver Blume said on Wednesday, following speculation that an IPO of the luxury unit could be on the cards. “We feel very comfortable in the Volkswagen Group, we can profit from synergies. The important thing in this time is to […]

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Retail Asia12/11/2021

The resumption of auto part factories in Vietnam is set to contribute to the recovery of Japanese automakers struggling with a supply shortage due to Covid-19. The three Vietnam factories of Japan’s Furukawa Electric, which make wire harnesses for cars, are expected to soon return to full capacity. Factory floors “have returned to a position […]

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Retail Asia11/11/2021

Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while he also sold […]

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Retail Asia10/11/2021

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices. The firm now projects 180 billion yen ($1.6 billion) in net profit for the fiscal year […]

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Retail Asia09/11/2021

Rivian which is one of the most well capitalized electric car startup’s has been making waves with its R1T and R1S electric pickup and SUV. But aside from this on the bedrock of a huge investment from e-commerce giant Amazon and Ford, Rivian has also been making an electric van which is meant for logistics […]

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Retail Asia09/11/2021

The Australian government on Tuesday pledged A$178 million ($132 million) to ramp up the rollout of hydrogen refuelling and charging stations for electric vehicles but did not offer EV rebates or set targets to phase out petrol cars. Prime Minister Scott Morrison said the beefed up Future Fuels Fund provides “an Australian way” to lower […]

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Retail Asia09/11/2021

Apple has hired CJ Moore who was Tesla’s head of software for its AutoPilot autonomous driving system. CJ Moore recently had disputed Elon Musk’s claims around AutoPilot and said that it was fundamentally a level 2 ADAS system while Musk has been pitching it as an autonomous driving system. CJ Moore will be reporting to […]

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Retail Asia09/11/2021

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Chinese self-driving startup Momenta has raised $500 million in a Series C funding. This round of funding comes after GM invested $300 million in the startup. This means now Momenta is valued at over $ billion. Momenta’s product portfolio includes advanced driver assistance systems which it sells to OEMs like GM and another tier 1 […]

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Retail Asia05/11/2021

VinFast said Friday it will make over $200 million in capital investments and place its U.S. headquarter in California as part of its plan to expand operation in North America. VinFast, the automobile arm of Vietnam’s largest conglomerate Vingroup, became the country’s first fully-fledged domestic car manufacturer when its gasoline-powered models built under its own […]

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Retail Asia04/11/2021

Eicher Motors Limited (EML), the parent company of Royal Enfield, has announced its audited consolidated financial results for the second quarter of FY 2021-22. For the quarter from July to September 2021, Eicher Motors Limited’s consolidated net profit rose 9 percent to ₹ 373 crore, as against ₹ 343 crore in the same period last year. […]

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Retail Asia03/11/2021

Toyota urged Washington on Tuesday not to “play politics” with environmental issues by offering tax credits for US-made electric vehicles, joining a chorus of foreign opposition to the issue. President Joe Biden’s focus on helping blue-collar American workers led to a proposal in his Build Back Better legislation to offer $4,500 in tax credits for […]

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Retail Asia03/11/2021

MG Motor India has commenced the deliveries for the Astor compact SUV, which went on sale in the country last month. On the auspicious occasion of Dhanteras, the Chinese-owned British carmaker has delivered the first batch of over 500 units of the Astor to customers despite the ongoing chip shortage. The company plans to deliver […]

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Retail Asia01/11/2021

Italian automaker Maserati and Fragment founder Hiroshi Fujiwara, one of the most influential designers in streetwear fashion collaborated for the first time earlier this year for the global launch in Tokyo of Maserati meets Fragment. The collaborators have come together once again for the launch of the Fragment meets Maserati, a limited-edition capsule collection of […]

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Retail Asia01/11/2021

Apple Inc’s talks with China’s CATL and BYD over battery supplies for its planned electric vehicle have been mostly stalled after they refused to set up teams and build U.S. plants that would solely cater to the tech giant, three people with knowledge of the discussions said. The firms informed Apple sometime in the past […]

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Retail Asia29/10/2021

The Black Badge has been a highly successful alter ego of Rolls-Royce and it now represents more than 27 percent of commissions worldwide. Rolls-Royce debuted Black Badge with Wraith and Ghost in 2016, followed by Dawn in 2017 then Cullinan in 2019. And now another joins this elite club – the Black Badge Ghost. Conceived […]

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