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Discover the challenges in China's oil refining sector due to declining demand and electrification, placing up to 10% of refining capacity at risk.
KKR invests in Gulf Data Hub, strengthening Middle East's digital infrastructure with strategic focus on AI and cloud computing.
Mazda's 2024 success story: Record U.S. sales, strategic pricing, and hybrid popularity elevate it among Japan's auto elites.
European carmakers urge policy leniency as CO2 standards tighten, threatening fines amid declining EV sales and compliance challenges.
Discover how data center investments, driven by AI advancements, are projected to boost U.S. economic growth, with major tech companies leading the charge.
Reliance Industries Ltd. achieves exceptional quarterly profit, boosted by robust telecom and retail business performances.
Tesla reduces prices on its Cybertruck to boost demand, reflecting a complex market reaction amid strong U.S. automotive export growth.
Dacia, Renault's budget brand, reveals plans to expand its EV lineup, starting with the new Sandero by 2027, aiming to boost its market presence in affordable electric cars.
Harworth Group's land sale to Microsoft for a hyperscale data center exemplifies strategic growth in tech expansion, highlighting its pivotal role in UK real estate.
BP Plc announces a workforce reduction of 7,700 roles to streamline operations and focus on profitability, as part of its ongoing cost-cutting strategies in the evolving energy landscape.
The automotive sector faces potential plant closures due to overcapacity and competition. Chinese brands may acquire European plants as EV market dynamics shift.
Chinese automakers show interest in acquiring German car factories, aiming to establish a foothold in Europe's auto industry amid changing global dynamics.