Business

Volkswagen
BusinessNews

Volkswagen to boost electric vehicle production in Mexico with $1 billion investment

Volkswagen, the German automaker, has announced a second phase of investment of around $1 billion in its Mexican unit, aimed at expanding its...

Inflation
Business

Wholesale Inflation Surges in January, Raising Concerns Over Fed’s Rate Policy

The U.S. economy faced another sign of persistent inflation in January, as wholesale prices rose more than expected, according to a report released...

Airbus
BusinessNews

Airbus Outperforms Boeing Despite Supply Chain Challenges

Airbus, the European aerospace giant, has widened its lead against its American rival Boeing in terms of orders and deliveries in 2023. However,...

Diamondback
Business

Permian Basin Gets a New Leader as Diamondback Buys Endeavor for $26 Billion

The US shale industry is undergoing a major transformation as Diamondback Energy Inc. announced on Monday that it will acquire Endeavor Energy Resources...

Puma
BusinessNews

How Puma is Winning Over Africa’s Gen Z with Casual Sportswear

Puma, the German sportswear giant, is betting big on Africa’s young and fast-growing market. The company has seen remarkable growth in sales and...

Amazon
Business

Amazon faces strike action and union criticism over its Midlands warehouses

Amazon, the global e-commerce giant, is facing a wave of industrial action and union criticism over its alleged anti-union tactics at its warehouses...