Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth.

Shares of the company were down 39% at $1.8 after the bell. The stock has fallen nearly 80% this year, while the S&P 500 passenger airlines index jumped 52%. The ultra-low cost carrier is in advanced discussions with bondholders to hammer out a bankruptcy plan that would have support from a…

Shares of Indian food delivery giant Swiggy rose nearly 8% on their trading debut Wednesday after its IPO became the country's second largest this year. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday, pricing its shares at 390 rupees apiece. The IPO…

Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects…

To navigate the dangerous new era, Keir Starmer must end the culture of denial around the biggest strategic mistake of modern times The 35th anniversary of the Berlin Wall coming down was not commemorated much in Britain last weekend. It is no Poppy Day. The unravelling of the iron curtain doesn’t…

The Swedish government has proposed to give social services a greater role in preventing young people from joining criminal gangs by changing the confidentiality rules between public services. Before the summer, the Swedish government presented a new Social Services Act, which, among other things,…

In This Article: MUNICH (Reuters) - Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government. A year ago, Berlin supported Siemens Energy with…

The Spanish government will propose to the European Commission to amend the post-COVID reconstruction plan to redirect unused EU funds to the 'reconstruction and revitalisation' of the areas most affected by the recent torrential rains and floods. ‘We are going to present an addendum to the…

Portuguese Foreign Minister Paulo Rangel warned on Tuesday of the downside of Europe's "cultural tendency" to "over-regulate" and called for a better "balance" between technological development and the defence of democracy and human rights. Read more. "Europe has a cultural tendency to…

Chances of the bill being passed this year are not high.

President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the…

Bulgarian President Rumen Radev spoke about the threat of climate change at the COP29 climate summit in Baku on Tuesday, where he backed a net zero target, admitting that just 10 years ago, he would have thought the goal was incompatible with competitiveness. The UN summit in Baku runs from 11 to…

Fake social media accounts are being used in Romania's ongoing presidential and parliamentary election campaigns to artificially boost the popularity of certain candidates and promote content targeting their opponents, according to an analysis by the Romanian Intelligence Service (SRI). The SRI…

The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s largest food delivery company outside China at the time. A deal for Grubhub could be finalized imminently, assuming the talks do not fall apart, the report said, adding that Grubhub is…

Asia-Pacific stock markets were trading mostly lower Wednesday, tracking losses on Wall Street as the U.S. post election rally stalled overnight. Asian traders assessed corporate goods data out of Japan, which showed year-on-year producer price growth, or wholesale inflation, in October reached…

SoftwareOne Holding sales increased during its third quarter by 1.4%, the company said on Wednesday, adding that discussions about taking it private were progressing but were "challenging". Group revenues increased to 236.7 million Swiss francs ($268.06 million), while adjusted core operating…

Hans Niemann is gearing up to play tens of thousands of players simultaneously at Web Summit. The chess world will try and break a new record at the Web Summit technology conference in Lisbon this week when Grandmaster Hans Niemann competes online against what he hopes will be tens of thousands of…

The right-wing populist party Motorists for Themselves, part of the Patriots for Europe group, has made significant gains, according to new polling data published by the Median agency. According to a poll conducted for the Czech News Agency, the Motorists could win 6% of the vote in the upcoming…

In today’s edition of the Capitals, find out more about new polls showing growing support for Czechia's populist Motorists party, billionaire Elon Musk slamming Italian judges in row with Meloni, and so much more.

It shouldn’t be a big story that a desktop computer has upgradeable internal storage, but with Apple’s cute new 2024 Mac mini, that’s exactly where we are. It’s possible to pop the SSD out after removing a screw, and then switch in a bigger one. We didn’t run into the software blocks we saw in the…

"We Must Do Whatever It Takes!" - Netherlands Reinstates Temporary Border Controls To Curve Illegal Immigration Authored by Thomas Brooke via Remix News, The Netherlands has announced it will reintroduce internal border checks starting Dec. 9 in fresh efforts to manage illegal immigration. The…

President-elect Donald Trump has promised tariff hikes. Here's what experts say business owners should be doing now to prepare.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. U.S. and Asia markets slip U.S. markets retreated on Wednesday after…

Bitcoin fell 3.4% in the past 24 hours to trade at $86,855, potentially indicating profit-taking by investors, according to a BRN analyst.

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing. Most Read from Bloomberg Klarna confidentially submitted a draft registration statement to the Securities and Exchange…

Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family.

In This Article: By Kane Wu HONG KONG (Reuters) - Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout…

Swedish fintech ‘confidentially submitted’ documents to SEC

Cao Xin is a senior researcher at The Charhar Institute, a Beijing-based think tank. I had the opportunity to observe the American presidential election on the morning of Nov. 6 (China time) at the U.S. embassy in Beijing. For China, the world's second-largest economy, Donald Trump's victory…

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The wait is nearly over. Coming to Xbox Series X|S this fall, Squirrel With a Gun is the nutty sandbox shooter and puzzle platformer that you didn’t know you needed. And joining the squirrel revolution has never been easier with this handy weapon training guide. Your first mission is to get your paws on a […]

The post The Armed Squirrel’s Weapon Guide: An Arsenal Overview of Squirrel With a Gun appeared first on Xbox Wire.

Driving more reviews to your profile for a local listing has always been a great way and still is a great way to increase your local listing visibility. The problem with this is when people started trying to game the system by posting fake reviews. Some companies were posting so many reviews that Google had […]

How Organic Placement is Affected Some people seem to be hell-bent on believing that it matters. There is no problem with believing it does have a direct effect on organic placement, but the fact of the matter is; it does not. Although you are entitled to believe what you want to believe, but knowing whether […]

Okay, recently there has been some discussion surrounding the Google Authorship and Publisher topic. So I figured what a great time to cover another article for the topic since it has been part of an update being done for some websites I am working on. First off, there has been some more talk about the […]

Potentially dangerous comets could be spotted many years in advance by following the meteoroid trails they leave near Earth, new research shows.

Data from China's Zhurong rover has revealed what appears to be an ancient shoreline streaking through Mars' northern hemisphere.