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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

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BUSINESS

Jack Ma plays coy about self-driving plans

Business, Published on 21/04/2018

» Alibaba supremo Jack Ma has disclosed that the company is starting work on autonomous technology, but he did not mention when or how the company plans to roll it out in Southeast Asia.

BUSINESS

Volkswagen's monkeys

Business, Published on 07/02/2018

» Late last month, the New York Times reported that researchers used monkeys to test the effects of inhaling diesel fumes from a Volkswagen. The research was commissioned by the European Research Group on Environment and Health in the Transport Sector, an organisation funded entirely by three big German car manufacturers: Volkswagen, Daimler and BMW.