Internal combustion engine (ICE) vehicles may still be in use by 2050, according to automaker Stellantis, necessitating the reduction of their carbon emissions in the interim.   With names including Fiat, Peugeot, and Jeep, the third-largest automaker in the world by sales announced this...

Despite being less severe than anticipated, China announced another monthly decrease in imports and exports on Thursday. In August compared to a year prior, exports decreased by 8.8% in U.S. dollars. That is superior to the 9.2% decline predicted by a Reuters poll.   Better than the 9%...

As a result of increased hopes of federal legalisation following a U.S. health agency's suggestion to reschedule marijuana as a lower-risk narcotic, shares of marijuana companies increased by as much as 37% in morning trade on Thursday.   In some form, marijuana usage is legal in close to 40...

Hui Ka Yan first followed a straightforward formula. Take out a loan to purchase land. Before they are built, sell houses there. Utilise the funds to settle creditors and finance your subsequent real estate venture.   Beginning in the middle of the 1990s, this strategy proved incredibly...

Following a suggestion by Tesla, which is thinking about entering the Indian domestic market, the government is working on a new electric vehicle policy that would reduce import duties for manufacturers that commit to some local manufacturing, according a Reuters report quoting sources with...

Brazil is expected to surpass the United States this year as the leading exporter of maize, thanks to a strong crop and logistical innovations like the combining of northern export lines that are enhancing the competitiveness of the South American grains giant.   According to a Reuters study...

Although purchasers are still not convinced, Indonesia's government used the Jakarta auto show to reaffirm its plans to promote the manufacturing and sales of electric vehicles in Southeast Asia's largest auto market.   Visitors to the car exhibition in Tangerang, on the outskirts of...

According to data released on Tuesday, basic earnings in Britain have climbed to a new record growth rate, raising concerns for the Bank of England about long-term inflation pressures despite 14 consecutive hikes in interest rates.   The unemployment rate unexpectedly increased to 4.2% from...

China's statistics office announced on Tuesday that it had halted the publication of data on youth unemployment, citing the need to improve the methodology used to calculate the rate, which has recently reached record highs.   The announcement of the decision came soon after the release of...

The Japanese government announced on Friday that it would expand its export restriction to include all new and used automobiles with engines larger than 1900 cc starting from next month as part of increased sanctions against Russia for its invasion of Ukraine.   The expanded prohibition will...

In a letter to Indian Prime Minister Narendra Modi, 30 foreign and domestic investors claim that the 28% gaming tax will have a negative impact on $4 billion in potential investments. Among them are Tiger Global, Peak XV, and Steadview Capital.   The levy on the money that online gaming...