News
Rivian finds a way to shine even as the EV market struggles in the dark
Rivian shocked the market with strong earnings results, proving itself an outlier in the electric vehicle market, which has been struggling with the end of government subsidies and cooling...
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliersPublished Fri, Feb 6, 2026 · 06:47 PM[MILAN] Stellantis shares fell the most on record...
Luckin Coffee’s PE owner gains more control over Chinese chain
The company’s American depositary receipts have gained 24% in the past 12 monthsPublished Fri, Feb 6, 2026 · 12:51 PM[HONG KONG] Centurium Capital consolidated its holding in Luckin Coffee...
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns [SINGAPORE] The three local banks may be nearing the end of the margin squeeze that...
Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
Managing director Marco Low and his family are taking the company private at S$0.78 per share[SINGAPORE] The privatisation bid for construction and property developer Low Keng Huat (LKH) has...
Labor unions urge Gov. Gavin Newsom, California lawmakers to rein in artificial intelligence
SACRAMENTO — National union leaders, including the head of one of California’s largest labor organizations, on Wednesday urged Gov. Gavin Newsom to protect workers as artificial intelligence threatens to replace or...