Hyundai Motor to enter commercial vehicle market in US and Europe
February 16, 2015 – South Korean automaker Hyundai Motor said today that it plans to enter the commercial vehicle market…
Airbus wins US$221 million US Army contract for 41 helicopters
February 13, 2015 – The U.S. unit of Europe’s Airbus Group was awarded a contract worth US$221 million to build…
Tesla CEO Elon Musk says market cap could match Apple’s US$700 billion by 2025
February 12, 2015 – Tesla Motors Inc Chief Executive Officer Elon Musk said on Wednesday the electric car company’s growth…
Apple becomes first company worth over US$700b
February 11, 2015 – Apple became the first company to reach a market value of US$700 billion on Tuesday as…
US Department of Justice seeks felony pleas by big banks in foreign currency inquiry
February 10, 2015 – The U.S. Department of Justice is pushing some big banks to plead guilty to criminal charges…
Standard Chartered targets wealthier customers in retail bank re-structure
February 9, 2015 – Standard Chartered Plc will shift its retail bank’s focus from mass market to affluent customers and…
Siemens to cut 7,800 jobs including 3,300 in Germany
February 6, 2015 – German engineering giant Siemens is planning to cut around 7,400 jobs – perhaps 3,300 in Germany…
Ford to add 1,550 jobs to build new F-150 pickup truck
February 5, 2015 – Ford Motor said it was adding 1,550 jobs in response to growing consumer demand for its…
Sony cuts full-year net loss forecast to US$1.4b
February 4, 2015 – Sony said earlier today that they cut its full-year loss forecast by more than a quarter to…
Jack Ma defends Alibaba amid fakes row
February 3, 2015 – Alibaba founder Jack Ma has defended his company’s reputation after authorities accused it of allowing “illegal”…