February 6, 2026

Stellantis Hits €22bn Charge, Sells Battery Stake after EV Shift Misjudgment

Stellantis will take a €22bn charge and sell its battery joint venture stake after overestimating the electric vehicle market growth. The carmaker cancels the Ram 1500 electric truck and pauses dividends in 2026 amid market challenges.

February 6, 2026

India Extends OALP-X Bidding Deadline to May 29, 2026 for Largest Oil and Gas Acreage

The Indian Government extended the deadline for bids under OALP-X by three months to May 29, 2026. 25 blocks across 191,986 sq km are on offer for oil and gas exploration, the largest acreage ever. This is the fourth extension, aiming to give investors more time to study new rules.

February 6, 2026

Apple Seeks Retail Managers, Hints at New Store in Hyderabad

Apple is hiring outlet and retail managers in Hyderabad, fueling rumors of a new store. Job openings also include technical and business experts.

February 6, 2026

India Boosts Bamboo Sector With National Mission, New Superfood Claims

India is growing its bamboo industry through the National Bamboo Mission 2025 to increase plantations and boost exports. Bamboo is also gaining attention as a superfood rich in vitamins and antioxidants.

February 6, 2026

Big Australian Banks Raise Mortgage Rates, Delay Savings Rate Hikes After RBA Decision

Following the Reserve Bank's rate hike, major Australian banks quickly increased mortgage rates but hold back on raising savings rates. Banks play 'wait and see,' causing delays for savers waiting for higher interest earnings.