Sony is raising the MSRP of its PlayStation 5 lineup globally, citing a “careful evaluation” of escalating supply chain expenses. In the American market, gamers will see the flagship PS5 …
Companies
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The head of Shell has joined financial leaders in highlighting how the current maritime blockade could trigger a “stark and steep” global recession. If oil prices climb toward $150 per …
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Chinese car manufacturers are reinventing their global strategy by moving production closer to their international customers. Rather than relying solely on shipping finished goods, these companies are now reviving dormant …
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Chinese NEV manufacturers are rapidly evolving their international strategies by moving beyond simple exports toward localized production. A primary example is GAC Group’s collaboration with Magna International in Austria, where …
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Honda Motor Co. has forecast its first annual loss in nearly 70 years as a publicly listed company after announcing a major restructuring of its electric vehicle business. The Japanese …
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The global fashion giant Inditex has officially increased its dividend payout by 4%, securing a record-breaking €3.23bn for its founder, Amancio Ortega. This financial milestone follows a “robust operating performance” …
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In a move that highlights a stabilizing balance sheet, the John Lewis Partnership has awarded its 69,000 staff members a bonus equivalent to one week’s pay. This 2% salary boost …
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SpaceX is reportedly on the verge of launching the most significant initial public offering in financial history. The company is exploring a listing on the Nasdaq exchange with a target …
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Toyota has announced plans to introduce the GR GT, a high-end performance vehicle expected to reach the market around 2027. The company aims to position the model within the upper …
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Amazon reported weaker-than-expected cloud revenue and operating income forecasts for the first quarter, raising concerns about the performance of its cloud unit, Amazon Web Services (AWS). AWS revenue rose 16.9% …