Volkswagen's stock dropped on Wednesday as investors expressed concern about the costs and unknowns associated with a joint venture with American EV manufacturer Rivian, which was intended to strengthen the European automaker's lead in EV sales.   In an effort to share EV systems and...

The European Commission accused Microsoft of illegally connecting its chat and video programme Teams with its Office product, giving it an unfair edge over competitors like Slack. As a result, Microsoft risks a hefty antitrust penalties.   The EU competition watchdog's most recent move,...

As the online fast-fashion retailer goes on with what might be one of the largest initial public offerings (IPOs) globally this year, Shein reportedly secretly submitted documents with Britain's markets regulator in early June for a possible London listing, according to two sources.  ...

Apple might be hit with a sizable punishment if European Union antitrust investigators are found to have violated the bloc's digital regulations. The iPhone manufacturer is also subject to an additional inquiry on new levies that are imposed on app developers.   After an inquiry that began...

Masayoshi Son, the CEO of SoftBank Group, stated on Friday that the company's goal is to advance humankind by creating artificial superintelligence, which he predicted will be ten times more advanced than human intelligence.   During the group's annual general meeting, Son addressed the...

Investors are debating whether to chase a company that has quadrupled in value over the past year or cash in on the massive advance in Nvidia Corp.'s shares.   This week, Nvidia momentarily surpassed all other American companies in terms of market value thanks to a more than 1,000% increase...

The relatives of those killed in two incidents involving Boeing 737 Max aircraft have requested $24.8 billion in fines and punishment for "the deadliest corporate crime in US history". Paul Cassell, the families' attorney, stated that the sum was "justified and clearly appropriate" in light of the...

Thursday saw the introduction of a bitcoin exchange-traded fund (ETF) on Australia's primary stock market, as fund managers introduced new offerings to appease investors who were returning to the cryptocurrency space after a surge in prices.   After more than three years of talks with ASX,...

A new proposed class action against Johnson & Johnson is bringing claims for damages and medical monitoring on behalf of women who have been diagnosed with cancer or may get it in the future, purportedly as a result of using the company's talc and baby powder products.   The first...

Nvidia has overtaken Microsoft as the most valuable business in the world, thanks in large part to its high-end processors, which are crucial in the competition to dominate artificial intelligence technologies.   The chipmaker's market value increased to $3.335 trillion, or 3.5%,...

Apple, which just introduced its in-house purchase now, pay later programme last year, is abandoning it in the US. According to the digital behemoth, it will now provide payment plans to consumers via independent credit and debit card lenders.   Current borrowers will still be able to use...