Sporting apparel giant Nike unveiled its first-ever sustainable basketball shoe on Wednesday, called Cosmic Unity. This is part of the company's Move to Zero campaign, which aims to realize a zero-waste and zero-carbon future.
While composed of at least 25% recycled content, Cosmic Unity lead designer Ross Klein reassured consumers...
In response to the current global semiconductor shortage, Volkswagen has called on European governments to allocate more capital towards boosting the chip manufacturing sector.
According to Markus Duesmann, the Volkswagen board member in charge of research & development and head of luxury unit Audi, the German vehicle manufacturer will not...
Small investors that hail from India have recently taken advantage of the frenzy surrounding GameStop and its shares. They've jumped on the opportunity, which is why GameStop is the most commonly traded stock in certain Indian brokerages.
Ever since January 12th, GameStop shares have gone up a whopping 1,700%. This...
Thanks to a recent decision by the European Union, vehicle manufacturers such as BMW and Tesla are now able to receive as much as 2.9 billion euros ($3.5 billion) for battery projects that will enable the faster production of more electric vehicles.
This decision to provide aid comes as the...
Chinese electric vehicle manufacturer BYD has engaged in the widespread sale of company shares as part of its goal to raise $3.6 billion in capital funds. The Warren Buffet-backed firm took advantage of a steep stock rally, influenced by the emerging demand for new-energy vehicles.
According to the terms of...
Amazon.com Inc revealed on Monday its plan to open two new distribution centers in Italy during the course of this year. The world's largest retailer will be injecting over $278 million into this expansion.
One distribution center will be located in the north-western city of Novara, while the other, which...
After weeks of deliberation, the U.S. government ultimately decided against imposing an investment ban on Alibaba Group Holding Ltd. and Tencent Holdings Ltd. This move was initially triggered by a government decision to deter American citizens from investing in companies with ties to the Chinese military.
While initially backed by...
15 years after it was taken private, animal supply chain store Petco enjoyed a strong return to life as a publicly-traded company, generating $864 million in its initial public offering. The company, now changing its name to Petco Health and Wellness Co., sold 48 million shares at a price...
Johnson & Johnson stocks slid by 0.2% during afternoon trading on Wednesday after reports of its coronavirus vaccine candidate falling two months behind schedule.
While the pharmaceutical company had initially planned to have 12 million doses of its vaccine ready for distribution by the end of February, several delays have...