After stepping down as CEO of Porsche, Volkswagen CEO Oliver Blume is being pressurized by the investors to regain market shares in China and close the technology gap with competitors…..
The Nepal Oil Corporation has stated that there is no shortage of cooking gas, while the LPG bottlers and dealers in the valley have complained of a shortage of cooking….
European automobile companies are likely to benefit from the new EU and India trade deal that will significantly reduce import duties on European cars, making them more competitive in India’s….
Micron Technology has revealed a $24 billion project to construct a new memory chip production facility in Singapore to increase production in the wake of a global chip shortage triggered….
Commercial banks in Nepal have lowered their base interest rates to record lows, with the average rate falling to about 5.36% in mid January due to excess liquidity and weak….
Mercedes has launched its 2026 F1 car, as its motorsport team gave its 2026 F1 car its first shakedown at Silverstone, with drivers George Russell and relative newcomer Kimi Antonelli….
Another round of layoffs is planned at Amazon the following week, with the company looking to cut 30,000 more corporate jobs. This follows the 14,000 office cuts announced back in….
US officials have outlined a plan to rebuild Gaza into a modern coastal city with resorts, skyscrapers, and new industries once the conflict ends. President Donald Trump and his envoy….
Nepal’s trade deficit has widened by about 10 percent in the first half of the current fiscal year, for which the country’s dependence on imported fuel and other goods are….
Volkswagen’s core group is expected to reduce management positions and streamline production to achieve cost savings of 1 billion euros by 2030. The company is reducing its board members by….
