Deutsche Bank nominates Alexander Wynaendts as next chairman

Rivian’s electric van for Amazon raises battery power doubts

Rivian Automotive Inc’s (RIVN.O) electric vans for e-commerce retailer Amazon.com Inc (AMZN.O) may have a more limited range than what was previously disclosed, The Information reported on Friday, citing a driver testing the vehicle. The driver told The Information that the battery drained about 40% faster than normal if the van’s heating or cooling was […]

CMA CGM’s earnings soar on shipping rush

Shipping group CMA CGM on Friday reported a surge in third-quarter earnings and said it expected an even stronger performance for the end of the year as intense demand kept freight rates high and container capacity stretched. French-based CMA CGM, one of the world’s largest container lines, said net profit rose to $5.6 billion in […]

Cryptocurrency Update: 6 Coins Rise Up To 2,40,236% in a Day; Bitcoin Prices Fall

The global cryptocurrency market capitalisation saw a slight increase in its numbers on Wednesday, November 17, after a constant dip over the past few days. The market cap was standing at 2.63 trillion, data from crypto tracking website CoinMarketCap showed. The total crypto volume, however, fell significantly during the course of the last day. The […]