Audi plans thousands of job cuts outside production
GERMAN automaker Audi is looking to shrink its workforce in the medium term by cutting jobs outside of production, with thousands of positions at risk, the Manager Magazin reported on…
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Plans
'Black day': French workers protest Michelin plans to close two plants
Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close two plants by early 2026 over collapsing sales.…
China’s Nio plans to sell its first hybrid car overseas only: sources
CHINESE electric vehicle (EV) maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets, including the Middle East, North Africa and Europe,…
Historic moment for Volkswagen: Automaker plans to close ‘at least’ 3 German plants and cut thousands of jobs
Volkswagen plans to close “at least” three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.…
Boeing plans over US$15 billion capital raise as soon as Monday
BOEING is planning to launch a capital hike as early as Monday (Oct 28), according to sources familiar with the matter, in an offering that would help the beleaguered airplane maker boost…
United Hampshire US Reit eyes ‘opportunistic divestments’, accretive acquisitions in growth plans
The CEO of the trust’s manager of the Reit is confident of reaching the target of US$1 billion in assets under management by 2026 SINCE it listed on the Singapore Exchange four years ago,…
Vietnam plans capital injection into Vietcombank to support policy goals
VIETNAM is planning to inject 20.695 trillion (S$1.1 billion) of capital into state-owned commercial lender Vietcombank, the country’s biggest bank, to boost its capacity to support…
Amazon sets ultra-low pricing plans for Temu rival store: The Information
AMAZON.COM is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch, the Information…
Stripe confirms plans to acquire stablecoin platform Bridge
STRIPE co-founder and chief executive officer Patrick Collison confirmed in a X post on Monday (Oct 21) that the payments company plans to buy stablecoin startup Bridge. The deal, first…
Beijing bourse plans to help smaller tech companies to list
THE Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday (Oct 20), as part of…
Self-driving startup Pony.ai plans to publicly file for US IPO: sources
It develops and operates self-driving fleets in the US and China, and manages vehicles which include trucks and robotaxis AUTONOMOUS driving startup Pony.ai plans to file publicly for an…
Robinhood plans to give traders access to futures, index options
ROBINHOOD Markets is broadening its offerings to futures trading and index options as the retail brokerage aims to attract more sophisticated investors to its platform. The futures…
Tata Group plans to generate 500,000 jobs in 5 years: N Chandrasekaran
Tata Sons Chairman N. Chandrasekaran (Photo: PTI) 2 min read Last Updated : Oct 15 2024 | 6:25 PM IST The Tata Group plans to generate 500,000 manufacturing positions in the coming…
Gautam Solar plans Rs 1,000 crore IPO to expand manufacturing capacity
This expansion will occur in three phases. | Photo: Shutterstock 2 min read Last Updated : Oct 15 2024 | 5:06 PM IST Gautam Solar on Tuesday said it plans to raise Rs 1,000 crore through…
Swiss regulator tells UBS to strengthen its crisis plans
UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold without risking financial stability and taxpayer cash, Swiss…
Polish Cabinet to discuss plans to suspend right to asylum
The Polish Cabinet is to discuss a temporary suspension of the right to asylum, along with a strategy for controlling irregular migration, during its meeting on Tuesday. On Saturday, Prime…
Experts warn Trump's economic plans could fuel higher inflation rates
The Trump campaign notes that US inflation remained low even as Trump aggressively imposed tariffs. (Photo: PTI) 6 min read Last Updated : Oct 15 2024 | 10:09 AM IST With characteristic…
Senegal Plans to Invest About $30.5 Billion In Development
(Bloomberg) -- Senegal, a nascent oil and gas producer, intends spending about 12.8 trillion CFA francs ($21 billion) on development over the next five years and aims to garner another 5.7…
Poland PM plans to suspend right to asylum as part of new migration policy
Tusk pointed to alleged misuse of the right to asylum by (Belarusian President Alexander) Lukashenko. | Photo: Wikimedia Commons 2 min read Last Updated : Oct 12 2024 | 9:18 PM IST…
Poland's leader plans to suspend the right to asylum as country faces pressure on Belarus border
WARSAW, Poland (AP) — Poland's leader said Saturday that he plans to temporarily suspend the right to asylum as part of a new migration policy, pointing to its alleged abuse by eastern…
Hyundai India plans Rs 32,000 cr expansion, aims 1.1 million units by 2028
4 min read Last Updated : Oct 12 2024 | 11:52 AM IST Hyundai Motor India Ltd (HMIL), which is set to debut on Indian stock exchanges on October 22, has allocated Rs 32,000 crore for its…
New analysis suggests debt could increase under Harris-Trump economic plans
There are other estimates by The Budget Lab at Yale and the Penn Wharton Budget Model that also show Harris would be better at keeping the deficit in check. (Photo: Reuters) 3 min read…
21-Year-Old’s Breakup Spoils Her Vacation Plans, and Then Her Dad Steps Up for Hiking Trip Instead (Exclusive)
Anastasia Makus, a student in Germany, tells PEOPLE about the story behind the viral TikTok she made with her dad Anastasia Makus and her boyfriend had been planning a holiday in the…
HSBC plans risk transfer linked to 2 billion euros of corporate loans
HSBC Holdings plans to issue a significant risk transfer (SRT) linked to a portfolio of about 2 billion euros (S$2.9 billion) of corporate loans, according to people familiar with the…