In Germany’s industrial heartland, a slender spire of tubes rises amid a cluster of smoke-belching foundries. Owned by Salzgitter AG, Germany’s second-largest steelmaker, the installation is an ambitious attempt to revolutionize the steelmaking process, and ultimately, secure a critical piece of the country’s economy.
Quanta Computer Inc., Apple’s major contract manufacturer for MacBooks, will set up a $120-million plant in Vietnam’s northern province of Nam Dinh, Vietnam Finance reported, citing information from a Friday signing ceremony between the company and the provincial government.
Bed Bath & Beyond Inc. is considering selling assets and intellectual property as part of a potential bankruptcy filing that could come as soon as this weekend, according to people with knowledge of the situation.
The Manhattan District Attorney agreed to drop his efforts to block congressional questioning of a former top prosecutor about New York’s criminal case against former President Donald Trump.
Crypto entrepreneur Do Kwon’s lawyers say a US regulator’s lawsuit accusing him and Terraform Labs Pte of securities fraud is unfounded, in part, because the stable coin at issue is a currency, not a security.
A senior marketing executive at Bud Light has taken a leave of absence, weeks after the company came under scrutiny for its partnership with a transgender influencer, Ad Age reported.
A searing rally in Chinese chip stocks is facing a reckoning as investors worry intensifying tensions with the US may strangle the sector’s growth despite Beijing’s efforts to achieve self reliance.
Australia will make it easier for New Zealanders living in the country to gain citizenship, in a further step toward closer ties between the neighboring countries.
A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co. is set to intensify competition in China’s already crowded entry-level car market.
President Joe Biden pledged to continue fighting “politically-driven attacks on women’s health” after the Supreme Court on Friday preserved access to a widely-used abortion drug until a lower court rules on the legal fight.
