Shell triggers major cost cuts

Source: Dukascopy Bank SA
Royal Dutch Shell announced it plans to reduce about 40% off the oil and gas production costs, aiming to save cash to overhaul the business and shift its focus to renewable energy.
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Mon, 21 Sep 2020 08:18:03 GMT

Didi, BYD to roll out ride-hailing EV

The Chinese ride-hailing titan Didi Chuxing has partnered with electric carmaker BYD over launching the co-designed ride-hailing electric vehicle later this year, Reuters reported.

Mon, 21 Sep 2020 06:34:01 GMT

Nikola's exec chairman steps down

Nikola Corp's executive chairman and founder Trevor Milton stepped down from his role, the US electric-truck maker announced on Sunday, on the back of allegations that the company had misled investors and carmakers.

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