Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-2027 and aims for 40% localization by 2028. This move supports Chery's regional hub ambitions and job creation of nearly 3,000 roles in the supply chain. Additionally, Chery launched its new LEPAS brand in South Africa, expanding its market presence with the upcoming LEPAS L6 model.
James Altucher, a tech investor, argues Tesla is no longer just a car company but has pivoted to focus on artificial intelligence and robotics. He highlights Tesla's new project called 'A.R.M.,' an AI-powered humanoid robot, which Elon Musk envisions...
Brunswick Corporation has released materials from its 2026 Investor Day, including a recorded strategy presentation, slides, and transcript, available on its website. The presentation details Brunswick's long-term growth strategy, strategic prioritie...
Dianthus Therapeutics announced inducement grants of stock options to six newly hired non-executive employees. The grants total 87,000 options with a 10-year term and an exercise price of $106.02 per share, vesting over four years. These grants were ...
Nasdaq has notified NusaTrip Incorporated that its securities will be delisted from the Nasdaq Stock Market on August 12, 2026, unless the company appeals. Trading in NusaTrip shares has been halted since October 23, 2025, following a suspension by t...
Nasdaq has notified Magnitude International Ltd. that its securities will be delisted from the Nasdaq Stock Market on August 12, 2026, unless the company appeals the decision. Trading in the company's shares has been halted since December 19, 2025, f...
