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Sony Honda Mobility cancels Afeela 1 sedan and Afeela 2 SUV amid Honda's EV strategy shift
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Sony Honda Mobility, the joint venture between Sony and Honda, has discontinued its two electric vehicle models: the Afeela 1 sedan and Afeela 2 SUV. The decision follows Honda's reassessment of its electrification strategy on March 12, 2026, and comes amid slowing U.S. EV demand. The company will issue full refunds to U.S. customers who placed reservations.
Television Broadcasts Limited (TVB), Hong Kong’s leading broadcaster, reported a US$7.5 million profit for 2025, ending seven years of losses. The recovery was fueled by a threefold rise in advertising contributions from the Greater Bay Area, driving 15 per cent growth in ad revenue.
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Dell has reintroduced its Precision Pro business laptops alongside a new series of slim Dell Pro models, a compact Pro 5 Micro PC, and a conferencing monitor. The company emphasizes portability with its thinnest and lightest laptops to date, featuring a new configurable motherboard for customization. Most products will ship in May, with the Pro 5 Micro available from March 31.
Indra president Ángel Escribano has received the Ibex 35 Executive of the Year award from Cinco Días at a ceremony in the Madrid Stock Exchange. He dedicated the award to his employees and defended his industrial plan, backed by the market, days after suspending the merger with Escribano Mechanical & Engineering. He also announced a 130 million euro investment with Hanwha for artillery.
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Arcor and Danone have advanced in the joint acquisition of the remaining 51% of Mastellone Hermanos, owner of La Serenísima, securing full control of the company. The deal, executed through Bagley Argentina, involves creating a joint venture to integrate their dairy businesses. The agreement awaits regulatory approvals.
Zerodha will double brokerage fees to ₹40 for specific intraday futures and options trades starting April 1. The increase applies to traders failing to meet SEBI's 50% cash collateral requirement, which the firm had previously covered. The decision comes amid declining trading volumes and potential hikes in securities transaction tax.
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OpenAI announced on March 24, 2026, that it is discontinuing its Sora AI video generation app and related API, redirecting efforts toward business tools and robotics research. The decision, first reported by The Wall Street Journal, also unravels a $1 billion partnership with Disney. Company executives cited a need to avoid distractions from core productivity applications.
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