WASHINGTON, DISTRICT OF COLUMBIA / RankWire.AI / – The United States is adding battery factories while trying to cut its dependence on China. Domestic cell production has grown, but major supply gaps remain further upstream. Chinese companies still lead global production of several materials needed…
News
Business
BERLIN / RankWire.AI / – German automaker Volkswagen AG agreed Monday to sell its Osnabrück manufacturing plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony, setting up the site’s conversion into a dedicated defense manufacturing facility. Under the preliminary agreement,…
CAIRO, EGYPT / RankWire.AI / – Egypt’s net international reserves reached a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt reported the provisional figure on September 7. Reserves had stood at $56.2939 billion at the end of July. The…
SEOUL / RankWire.AI / – South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks the 20th anniversary of the…
SEJONG, SOUTH KOREA / RankWire.AI / – South Korea’s consumer inflation accelerated to 3.1% in August from a year earlier, official data showed. The rate increased from 2.8% in July and moved back above 3%. Consumer prices also rose 0.2% from the previous month. The…
SEOUL / RankWire.AI / – South Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Official data released by the Ministry of Trade, Industry and Resources showed that imports…
Health
BRUSSELS, BELGIUM / RankWire.AI / – The European Commission has signed an agreement to procure €2.1 million in PCR tests for…
Entertainment
U.S. Polo Assn. has launched its Fall-Winter 2024 Collection, blending sporty style and festive warmth, with pieces perfect for gifting this holiday season.
Fresha, a leading global booking platform for lifestyle services, announced today that it has…
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch…
Automotive
TOKYO, JAPAN / MENA Newswire / – Japan’s new car sales rose 1.8%…
Porsche presents a one-off 911 GT3 RS by Sonderwunsch with Macadamiametallic paint, brown carbon fibre and couture design.
Mercedes-Benz unveiled the electric C-Class in Seoul, bringing its first battery-powered C-Class sedan with up to 762 km of WLTP range.
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to…
MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after…