Saudi Arabia Sets Its Sights on a Less Glamourous Source of Wealth
In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for
2023-09-07 13:25
Hedge Fund Billionaire John Paulson Sued for Securities Fraud by Puerto Rico Partner
John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire
2023-09-07 08:52
Rise of China’s EV Makers Threatens Western Firms, UBS Says
Western automakers are set to lose a fifth of their global market share due to the unstoppable rise
2023-09-05 15:45
Mercedes Bets on Range Boost in Swipe at Tesla’s EV Leadership
Mercedes-Benz Group AG unveiled an electric vehicle with a longer range than any Tesla Inc. model on the
2023-09-04 02:59
BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD
BMW AG presented the first prototype of its future electric-vehicle lineup, ringing in a new stage in the
2023-09-02 20:46
Tesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted Gone
Tesla Inc.’s latest discounts will newly qualify one of its models for federal subsidies that Elon Musk said
2023-09-01 20:24
China Crashes Germany’s Least-German Car Show in History
The I- in IAA, the name of Germany’s annual auto show, stands for international. This year’s event is
2023-09-01 14:53
China’s Bustling Car Market Is a Rare Black Mark on Hyundai’s Blockbuster Year
Hyundai Motor Co. and its affiliate Kia Corp. are having a blockbuster year, posting record profits as sales
2023-08-24 06:24
Ford CEO Jim Farley and his $300,000 Mustang are Gunning for Porsche
When Ford Motor Co. debuted its $300,000 Mustang GTD in Carmel, California, Chief Executive Officer Jim Farley wasn’t
2023-08-23 18:48
Box-Office Record, EV Graveyards and China Woes: Saturday Asia Briefing
When the going gets tough, the tough go to the movies. Or so it seems in China, where
2023-08-19 13:55
Ford Swings at Supercars With New $300,000 Mustang GTD
Ford Motor Co. has debuted a $300,000, 800-horsepower Mustang. The 2025 Ford Mustang GTD is a street-legal, limited-edition
2023-08-18 09:51
Rising US Pump Prices Fuel GOP Attacks, Foreshadowing 2024 Blitz
Rising pump prices have already armed Republicans with a fresh weapon to bash President Joe Biden as they
2023-08-17 22:19