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Read more about Apple hires former BMW executive Ulrich Kranz for car project: Report on Business Standard. Apple Inc has hired Ulrich Kranz, a former senior executive at BMW AG's electric car division, to help its vehicle initiatives
Read more about Detroit becomes 'Jeep City' with first new auto assembly plant in 30 years on Business Standard. Inside the first new auto assembly plant built in the Motor City since 1991, the smell of hot metal hangs in the air as new Jeep Grand Cherokee L SUVs head down the welding line
Read more about Wall Street treads water ahead of key economic data; AMC soars on Business Standard. (Reuters) - The S&P 500 was little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks."
SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 6 points at the opening bell. Investors will continue to monitor India's Covid situation as the country continues to battle a second wave that is pushing its health-care system to the brink. Global markets: Overseas, Asian stocks are trading lower on Tuesday as investors await the Bank of Japan's interest rate decision. That comes as multiple regions, including Tokyo and Osaka, were recently placed under a new state of emergency to curb the spread of coronavirus infections. In US,...
Apple CEO Tim Cook has said that he never spoke to Tesla CEO Elon Musk about buying his failed electric car business couple of years back. Musk in December last year tweeted that he offered Cook to sell his electric car company at one-tenth of its value during the struggling period in 2017 but the Apple CEO refused to meet him. In an interview with The New York Times on Monday, Cook said that talks never happened. "You know, I've never spoken to Elon, although I have great admiration and respect for the company he's built," Cook was quoted as saying.