The US government is aiming to accelerate the deployment of autonomous vehicles and eliminate obstacles to their adoption. On Tuesday, the association representing self-driving car companies urged the federal government to take further action, including establishing a unified set of regulations to
Switzerland’s Zurich Insurance Group (ZURN.S) is in talks to buy up to 51% of India’s Kotak General Insurance, two sources with direct knowledge of the matter said. The deal would mark Zurich Insurance’s first major bet on the fast-growing South Asian insurance
The London-listed bank’s decision to close its New Zealand wealth and personal banking business is part of its plans to exit less profitable businesses globally to focus on expanding in specific Asian markets. The process will happen over several years in a
With the era of low-interest rates and ample liquidity ending, many of the world’s wealthiest families have made (or are planning to make) significant shifts in their asset allocation. That’s the finding of a new study by UBS that covers 230 “family
Costco, the wholesale giant renowned for its bulk shopping experience, has long been a favorite destination for savvy consumers looking to save money. Among the many attractions that draw shoppers to Costco, one item stands out as a genuine bargain: the $4.99
China’s BYD on Friday announced a new brand of electric vehicles (EVs) ranging from off-road to sports cars as the company looks to meet more diversified consumer demand. The new brand is called Fang Cheng Bao, which translates from Chinese literally as
In a significant development, Nigeria’s market regulator has declared the operations of Binance, one of the world’s largest cryptocurrency exchanges, illegal within the country’s borders. The regulator has called for the immediate discontinuation of Binance’s services in Nigeria, raising concerns and uncertainties
Pharmacy retail giant Walgreens is embroiled in a legal battle with its former CEO, who is suing the company for an eye-popping $200 million in a broken contract suit. The ex-CEO filed the lawsuit alleging that Walgreens violated their employment agreement’s terms,
The music industry is a dynamic and ever-evolving landscape, with companies constantly adapting to meet the demands of the market. In recent news, two major players in the industry, Warner Chappell and WMX, have made significant changes to their leadership teams. Warner
TVS, Ather, and Ola Electric have announced a hike in prices of their electric two-wheelers as new subsidy norms come into effect from this week. The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, a government initiative that provided subsidies to
McLaren officially launched operations in India last year and expanded its model range to include the Artura, its first series production High-Performance Hybrid supercar. Priced at Rs 5.1 crore (ex-showroom), this newcomer joins the 720S and 765LT in McLaren’s Supercars lineup in
