Volkswagen’s new electric car panned by Germany’s leading test publication. Auto Motor und Sport said the ID.3 fell short of the car maker’s usual standards of fit and finish, and had a limited operating range,
Author: Agency Staff
It’s being driven by payments from small businesses as well as remittances sent home from migrant workers, according to new data.
Tesla shares slumped in US pre-market trading on Tuesday after the electric vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.
London-based private equity firm Actis is looking at African energy projects to add to the US$1-billion it has already invested in the sector on the continent.
China has announced an initiative to establish global standards on data security, saying it wants to promote multilateralism in the area at a time when “individual countries” are “bullying” others.
General Motors took a US$2-billion equity stake in Nikola and partnered with the truck maker to engineer and manufacture its Badger bakkie, sending its shares soaring in early trading.
Thousands of passenger planes are still grounded, but in-flight Internet is surging to new highs.
Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the monopoly, state-affiliated Fana Broadcasting said on Monday.
With its $6.6-billion contract win with Verizon Communications, Samsung Electronics has reinforced its position as a challenger to the dominance of Nokia and its Nordic rival, Ericsson
South African consumers regained some confidence in the economy in the third quarter after consumer confidence hit a 35-year low in the previous quarter, a survey showed on Monday.