Europe’s biggest carmakers brace for China’s EV challenge
BMW CEO Oliver Zipse speaks during the presentation of the new BMW “New Class” during an event ahead of the IAA motor show in Munich. Picture Alliance | Picture Alliance …
business news
Startups: Assessee company needs to prove investor credentials: Income Tax dept
NEW DELHI: The income tax department on Friday said that the burden of proof to establish the creditworthiness of an investor is on the company whose returns are being assessed. …
BMW, Mercedes reveal electric concept cars: Specs, features, details
The Mercedes-Benz Concept CLA Class was unveiled at IAA Mobility 2023 in Munich, Germany. The platform will underpin the German automaker’s push into electric cars. Mercedes-Benz Mercedes-Benz and BMW took …
Big pharma blockbuster obesity drug battle is headed for $100 billion
Ozempic drug to treat diabetes. Courtesy: Ozempic In their most recent earnings reports, Novo Nordisk and Eli Lilly proved why they are the undisputed heavyweights in the prizefight for control …
How Sony’s Hawk-Eye works at the U.S. Open
Since 2022, the U.S. Open has had no line judges. Instead, the tournament uses Hawk-Eye Live, an electronic line-calling system, to determine whether a tennis shot is in or out. …
Why China is turning into a liability for U.S. companies
One of my bigger regrets from college is that I couldn’t — because of scheduling and other conflicts — go on a six-week trip the business school was offering to …
German automaker BMW unveils new EV concept car
German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design …
China’s electric carmakers BYD, Xpeng ramp up push overseas
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC …
Elon Musk biographer moves to ‘clarify’ details on Ukraine, Starlink
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte …
What it’s like in Europe’s crypto hub Portugal as the U.S. cracks down
Alexander Spatari | Moment | Getty Images LISBON, PORTUGAL — Matadors and bitcoin maximalists are regulars at Campo Pequeno, a neo-Moorish bullring in the northernmost reaches of the Portuguese capital …