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The talks come as Tesla faces growing competition from Chinese rivals such as Nio and Li Auto, as well as mounting cost pressure. Photograph: Kena Betancur /Getty

Tesla is in talks with Chinese battery maker EVE Energy to add the firm to its Shanghai factory supply chain, four people familiar with the matter sai(...)

Genesis said orders will open for the Genesis G80 saloon and the Genesis GV80 SUV in June, with the new G70 saloon and GV70 SUV following soon after.

Hyundai will launch its premium brand Genesis in Europe this summer, debuting its flagship saloon and SUV models in one of the world’s fastest growing(...)

Photograph: iStock

European stocks struggled for traction and US futures slipped on Tuesday as technology shares continued to weigh on equities following weakness among (...)

Several of Zara’s fast fashion competitors already sell cosmetics, including H&M, Asos and Boohoo Group. Photograph: iStock

The clothing retailer Zara has unveiled a new cosmetics line as it branches out into beauty products. Zara, the flagship of Spain’s Inditex, will sel(...)

This picture taken on April 29th, 2021 and released from North Korea’s official Korean Central News Agency (KCNA) shows the 10th Congress of the Kimilsungist-Kimjongilist Youth League in Pyongyang. Photograph: AFP Photo/ KCNA via KNS

North Korea lashed out at the United States and its allies in South Korea on Sunday in a series of statements saying recent comments from Washington a(...)

Chip supplies have tightened due to booming demand for electronics during the Covid-19 pandemic and outages at large production facilities.

The deepening global chip crunch is spreading to makers of smartphones, televisions and home appliances, according to suppliers in Asia, as companies (...)

US vice-president Kamala Harris speaking from the White House during the virtual leaders’ summit on climate on Thursday. Photograph: White House/Bloomberg

 US president Joe Biden has committed the US to a 50-52 per cent reduction in its carbon emissions by 2030; doubling its ambition set out in the (...)

Steam rises from the Miller coal power plant in Adamsville, Alabama. Photograph:  Andrew Caballero-Reynolds/AFP via Getty Images

The Biden administration on Thursday pledged to slash US greenhouse gas emissions by 50-52 per cent from 2005 levels by 2030, a new target it hopes wi(...)

Indonesian Navy submarine KRI Nanggala sails in the waters off Tuban, East Java, Indonesia, as seen in this aerial photo taken from Indonesian Navy helicopter of 400 Air Squadron, in this Monday, October 6th, 2014 photo. Photograph: Eric Ireng/AP Photo

Indonesia’s president has ordered an all-out effort to find a missing submarine in a race against time to save the 53 crew. Indonesia sent a helicopt(...)

The German-made submarine, KRI Nanggala-402, was conducting a torpedo drill in waters north of the island of Bali but failed to relay the results as expected, a navy spokesman says. File photograph: iStock

Indonesia’s navy is searching for a submarine with 53 people on board that went missing on Wednesday and is seeking help from neighbouring Australia a(...)

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