BEIJING: China’s car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world’s largest auto market hit a record high amid a brutal price war and with subsidised trade-ins for greener vehicles driving purchases. The outstanding growth in China in a largely…
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BRUSSELS: NATO won’t heed Donald Trump’s proposal for a massive hike in defence spending but will likely agree to go beyond its current target, according to officials and analysts. The US president-elect declared on Tuesday members of the military alliance should spend 5 per cent of gross domestic product (GDP) on defence – a huge increase from the current 2 per cent goal and a level that no NATO country, including the United States, currently reaches.…
Compared to home values, the average statewide premium in 2023 was the lowest among all…
France’s largest video game maker Ubisoft has decided to postpone the release of the newest…
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SINGAPORE: The chief executive officer of a Singapore manufacturing firm was fined S$22,400 (US$16,400) on Friday (Jan 10) over the company’s failure to recognise a S$16 million impairment loss in its financial statements. According to the charge sheet, Miyoshi Limited’s executive director and CEO Andrew Sin Kwong Wah had laid out…
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WASHINGTON: Meta founder and CEO Mark Zuckerberg’s claim that the fact-checking programme on Facebook and Instagram has veered into censorship is “false”, the International Fact-Checking Network said on Thursday (Jan 9). “This is false, and we want to set the record straight, both for today’s context and for the historical…
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(Corrects amount raised to $141 million from $126 million in paragraph 2):Hippocratic AI notched a valuation of $1.64 billion after its latest fund raise led by Kleiner Perkins, the VC firm that backed Google, Amazon, and Genentech as AI funding thrives. The company said on Thursday it had raised $141…
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If you’ve never heard of Smart, don’t worry, you’re not the only one. The new EV brand, a joint venture between Mercedes-Benz and China’s Geely, only launched last year and it’s already fast making waves with its smart cars that look every bit the future of mobility. They’re powered by…
