Companies

Jingye Group, a Chinese steel manufacturing company, has launched formal legal proceedings against the UK government, seeking compensation for the nationalisation of British Steel’s Scunthorpe plant. This action is being …

EasyJet has termed a potential takeover approach by Castlelake, a U.S.-based investment firm, as “highly opportunistic,” suggesting that the current share price does not adequately represent the airline’s long-term value. …

A new electric vehicle brand, EMTA, has been introduced by a coalition of Japanese automotive companies in collaboration with Chinese automaker Chery Automobile, with plans to penetrate the Japanese market. …

In a rare move for the electronics sector, Sony has announced its second price increase for the PlayStation 5 in less than 12 months. The standard unit will now cost …

As the summer driving season approaches, Shell has warned that motorists in the US and Europe may face a severe shortage of petrol and diesel. CEO Wael Sawan noted that …

As the Chinese domestic auto market reaches record levels of saturation, manufacturers are looking toward international horizons for future growth. With sales hitting 34 million units, the room for further …

China’s automotive sector is undergoing a profound transformation, moving away from simple mass production toward high-value innovation. The 2026 government work report highlights this transition as a core component of …

Honda Motor Co. has warned it may post its first annual loss since listing on the stock exchange in 1957. The Japanese automaker announced potential restructuring costs of up to …

A record dividend of €3.23bn is headed to Zara founder Amancio Ortega following a stellar year for the Inditex group. The payment is the result of a 4% increase in …

After a four-year absence, the annual staff bonus has returned to the John Lewis Partnership. The 2% payout comes as the company reports a 6% increase in underlying profits, reaching …