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BENGALURU -- The Indian government on Friday announced lower import tariffs on electric vehicles for carmakers willing to eventually begin local production, a move that could attract global companies like Tesla but intensify competition for incumbents like Tata Motors and the Mahindra group.
SYDNEY -- Australia's government will inject $840 million Australian dollars ($550 million) into a rare earths mine and refinery in the country's north as part of efforts to boost the country's role in the energy transition supply chain.
HSBC is "very positive" about the mid to long-term outlook for the Chinese economy despite current headwinds, the British bank's chief financial officer told CNBC.
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output jumped more than expected.
The demand for high bandwidth memory (HBM) chips has boomed with the growing popularity of generative AI. But Samsung, unlike peers SK Hynix and Micron Technology, has been conspicuous by its absence in any deal making with AI chip leader Nvidia to supply latest HBM chips.
Singapore's economy in 2024 is forecast to grow faster than estimated earlier, while the outlook for inflation has been revised lower, the Monetary Authority of Singapore's survey showed Wednesday.
Boeing's latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday.
Boeing handed over 27 airplanes to its customers last month as it continues to struggle with quality control problems and production delays that have frustrated the CEOs of some of its biggest airline customers.