Germany may impose 10% digital tax on Alphabet and Meta Platforms; Trump targets Apple in calculated move; JioHotstar adds 230M subscribers; Nvidia CEO rejects PowerPoint; Tesla's Optimus humanoid robot could trigger multi-trillion-dollar industry.
The partnership between Amazon and Stellantis to create in-car software has been canceled. Stellantis faces challenges including tariffs and leadership changes.
Filosa, who was selected by a Special Committee of the Board led by Executive Chairman John Elkann after considering other internal and external candidates, will be granted CEO powers effective June 23.
Shares of Chinese electric vehicle battery giant Contemporary Amperex Technology Co. Ltd. (CATL) jumped 12.5% in their Hong Kong trading debut Tuesday after raising $4.6 billion in the world's largest listing this year.
Archer Aviation's Q1 2025 earnings beat expectations, showcasing financial health and confirming imminent revenue generation from its UAE Launch Edition.
The recent trade agreement between the U.K. and the U.S. has been met with disapproval from China, potentially adding more complexity to London's ongoing efforts to rebuild its relations with Beijing.
House Republicans on Monday introduced legislation to eliminate the electric vehicle tax credit and repeal fuel efficiency rules, potentially disrupting billions in automaker investments amid growing industry concerns about abrupt policy changes.
On Sunday, University of Michigan economist Justin Wolfers highlighted the unusual carveouts in the new U.S.-U.K. trade framework, with leading British brands such as Rolls-Royce Plc, Aston Martin, Bentley, and several other high-end automakers effectively dodged the tariffs.
A consortium including General Motors (NYSE: GM), Ford (NYSE: F), and Stellantis (NYSE: STLA) has voiced criticism over President Donald Trump's latest trade agreement with the United Kingdom. The group fears the deal could harm the U.S. auto industry.
