Silicon Valley startup Lyten said on Thursday it had agreed to buy bankrupt Northvolt’s remaining assets in Sweden and Germany, potentially reviving Europe’s hopes of building a domestic electric vehicle battery industry to reduce reliance on China.
Huawei’s joint electric vehicle brand with Chery said on Thursday that it will invest more than ¥10bn (R24,649,982,000) and expand its research and development team to 5,000 people.
Germany’s VDA auto association said on Thursday the promised trade agreement between the EU and the US needed to be implemented immediately so the industry could receive some relief.
Tesla CEO Elon Musk has ordered the shut down of its Dojo supercomputer team, with team leader Peter Bannon departing the company, Bloomberg News reported on Thursday, citing people familiar with the matter.
Cabinet has approved participation in an international effort to boost the marketing of real diamonds, responding to the increasing appeal of lab-grown gems and funded by a 1% levy on the annual revenues of diamond companies.
Visiting Beijing at the height of US President Donald Trump’s “Liberation Day” trade war rhetoric in April, Kenyan President William Ruto described a “broken global order”. He declared Kenya would work with China to build a “fair, inclusive and sustainable world order”.
The exploitation of South Africa’s large mineral endowment explains the relative development of its economy; at the same time, it explains its stagnation.
The chicken schnitzel has defied fads and food crazes for decades, a hardy survivor of human whims and foibles. Now it has arrived in the age of the air fryer.
In this week’s Friday Briefing, we explore whether South Africa can navigate Donald Trump’s turbulent trade waters over the next three-and-a-half years.
Israel’s political-security cabinet approved a plan to take control of Gaza City early on Friday, hours after Prime Minister Benjamin Netanyahu said Israel intended to take military control of the entire strip despite intensifying criticism at home and abroad over the devastating almost two-year-old war.
Residents of Hillside View, an integrated housing development in Mangaung, Free State, say they are living harmoniously and building a positive community spirit.
Workers at Ithala Development Finance Corporation, represented by the National Education, Health and Allied Workers’ Union, have raised red flags about management of the institution under group CEO Pearl Bhengu.