By P.R. Venkat Contemporary Amperex Technology Co. and two state-owned companies in Indonesia plan to jointly develop a $6 billion electric-vehicle battery integration project, capitalizing on the bigger shift by the auto industry toward battery-powered vehicles. A unit of Shenzhen-listed …
By Dominic Chopping Finnish telecommunications company Nokia Corp. said Tuesday that it will exit the Russian market and book a 100 million-euro ($108.9 million) provision in the first quarter of 2022. Shortly after Russia invaded Ukraine, Nokia said it had …
By James Glynn SYDNEY–Australia’s unemployment rate fell to 4.0% in February, its lowest since August 2008, bringing the economy closer to full employment and stoking calls for the central bank to raise interest rates for the first time since 2010. …
China’s car sales declined for the eighth straight month, as coronavirus outbreaks in some Chinese cities hit car production. Retail sales of passenger cars in January fell 4.4% from a year earlier to 2.09 million vehicles, the China Passenger Car …