Big pink diamond discovered in Angola is largest in 300 years
A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years.
Boeing reports smaller second quarter profit; potential strike looms in Illinois
Boeing’s defense business weakened and it remained unable to deliver any of its 787 Dreamliner planes.
NXP Semiconductors bullish on chip shipments to automakers
The second-biggest supplier of chips to the auto industry is “very cautious” on the outlook for high inflation, COVID-19 lockdowns in China, the war in Ukraine and a possible energy crisis.
Jaguar Land Rover losses mount amid slow ramp up of new Range Rovers
Revenue fell 11% in the latest quarter, due to a weaker model mix, inflation and adverse currency movements.
Toyota to cut domestic production by 4,000 vehicles in July after rain snarls supplies
Toyota said heavy rains, especially in its home prefecture of Aichi in central Japan, impacted procurement of parts and will force it to stop production at a total of three lines in two domestic factories.