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Growing Hostilities In The Middle East Are A New Shock To Global Markets

This Week's Tech Earnings Explosion Highlights The Mounting Issues At Google And Tesla

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Trades In Bitcoin Ignore "Halving" In Favor Of More Significant Market Dangers

Netflix Will No Longer Release Subscriber Numbers As The Streaming Conflicts Fade

Nissan Lowers Its Projected Yearly Operating Profit By 14.5% Due To Slow Sales

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

TikTok Divesting Or Ban Bill Passed By US Senate; Biden Will Sign It Into Law

Due To Concerns About Its Growth And Product Strategy, Tesla Is Anticipated To Report A Smaller Profit Margin

Tesla Abandons The All-New Model 2 In Favour Of "More Affordable" Vehicles

UBS Predicts The Big Six Internet Giants' Profit Momentum Will "Collapse" By 2024

Tesla Lowers Pricing After US Cutbacks In China, Germany, And Other Countries

Companies
Tesla Breaks Its Own Delivery Records For The First Quarter And Beats Forecast

Tesla Breaks Its Own Delivery Records For The First Quarter And Beats Forecast

United States based electric car maker Tesla Inc reported record deliveries for the January to March quarter which comfortably beat estimates of analysts at Wall Street driven by a very a strong demand for its less expensive models which helped the company to overcome the hit of a shortage of parts...
Likely 45% Growth In Q1 Profits For Samsung

Likely 45% Growth In Q1 Profits For Samsung

There was likely a 45 per cent growth in the profits of the South Korean electronics giant Samsung Electronics Co Ltd for the January-March quarter driven by increased sales of smartphones, TVs and home appliances.   The chip business of the company however is expected to report a slash...
Unions In Germany And UK Call For Strikes At Amazon And Deliveroo Respectively Over Workers’ Rights

Unions In Germany And UK Call For Strikes At Amazon And Deliveroo Respectively Over Workers’ Rights

Workers in six Amazon sites in Germany were called to go on a strike by the country’s trade union Verdi for four days in the attempt of the unions and workers to force the largest e-commerce company of the world to accept and recognise collective bargaining agreements.   An "unofficial...
Facebook Page Of Venezuela President Frozen Over Violation Of Covid-19 Misinformation

Facebook Page Of Venezuela President Frozen Over Violation Of Covid-19 Misinformation

The Facebook page of the Venezuelan President Nicolas Maduro has been frozen by the social media company over charges of violation of its policies of spreading misinformation about Covid-19 as he promoted a remedy that he claimed was able to cure the disease but presented no evidence to back it up,...
Honda’s Only British Car Plant Will Be Bought By Logistics Giant Panattoni

Honda’s Only British Car Plant Will Be Bought By Logistics Giant Panattoni

Japanese auto major Honda will be selling off its only factory in the United Kingdom at Swindon in southern England to the logistics firm Panattoni, said a spokesman of the company.   According to reports, the new owner of the factory also has plans to make a big investment  at the huge...
Pandemic Related Work From Home Regimen Makes WeWork Listing Doubtful

Pandemic Related Work From Home Regimen Makes WeWork Listing Doubtful

According to experts, investors will have to consider the uncertainty about the future of demand for office space in a pandemic environment globally where work from home is becoming the norm and poses a threat to the business model of WeWork, as this United States based office space renting startup...
US Delisting Threat Result In Loss Of $60 Billion In Three Days For China’s Dual-Listed Tech Giants

US Delisting Threat Result In Loss Of $60 Billion In Three Days For China’s Dual-Listed Tech Giants

Within the last few days, billions in market value have been collectively lost by China’s dual-listed tech giants — Alibaba, Baidu, JD.com, and Netease. These losses came after new threats of the companies being delisted from United States stock exchanges emerged a few days ago.   According...
Nike’s Xinjiang Statement From The Past Causes Anger Among Chinese Social Media Users Against It

Nike’s Xinjiang Statement From The Past Causes Anger Among Chinese Social Media Users Against It

Following Chinese internet users laying hands on a statement from the sporting goods giant Nike in which it had said that was "concerned" about reports emerging from Xinjiang province in China of forced labour and stressing that it does not source raw materials from that Chinese region resulted in...
Customers Can Now Use Bitcoin To Buy Tesla Cars, Says Elon Musk

Customers Can Now Use Bitcoin To Buy Tesla Cars, Says Elon Musk

After having indicated a couple of months ago about allowing customers to pay for its cars in crypto currencies and itself purchasing bitcoin worth $1.5 billion, the United States based electric car maker Tesla announced on Wednesday that the company’s customers can now actually use the number 1...
Saudi Aramco CEO Says Firm Will Have China’s Energy Security As Priority For 50 Years

Saudi Aramco CEO Says Firm Will Have China’s Energy Security As Priority For 50 Years

The Saudi Arabian oil giant Saudi Aramco believes that the new and existing energy sources would be developing parallel for some time and therefore the company will spend the next 50 years and beyond to ensure that the energy security of China stays at the top of its priority list.    ...
Private Bank Business Of Barclays Expanded Into France And Italy

Private Bank Business Of Barclays Expanded Into France And Italy

Barclays is aiming to grow its European wealth business in the wake of the United Kingdom having left the European Union and has since expanded its activities of ts private banking business to France and Italy.   Bernard Corneau and Carlo Baronio have been appointed as the heads of private...
Pandemic-Induced Delivery Demand Pushes FedEx To Beat Forecast

Pandemic-Induced Delivery Demand Pushes FedEx To Beat Forecast

An increase in the volume of deliveries because of the pandemic induced deliveries for e-commerce companies during the holiday shopping season as well as higher prices helped the United States based delivery firm FedEx Corp to report better than expected quarterly profits, the company said.  ...
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World

Global Warming Causes The First 12-Month Period Above 1.5C

Global Warming Causes The First 12-Month Period Above 1.5C
According to the European Union's climate change monitoring service, the world just had its warmest January on record, making it the first 12-month period in which average temperatures were more than...

2023 Was The Second-Warmest Year Ever For The UK

2023 Was The Second-Warmest Year Ever For The UK
The national weather service of the United Kingdom, Met Office, announced that 2023 was the second-warmest year on record for Britain. This finding highlights the increasing influence of human-caused...

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels
On the last day of the global conference, the proposed language for a COP28 climate agreement that does not call for the phase-out of fossil fuels has come under heavy fire from influential figures,...

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds
Brazil has joined a potential agreement supported by the United Arab Emirates, the United States, and the European Union to treble the amount of renewable energy produced globally by 2030 and move...

The Rise of India and the Decarbonisation of its Economy

The Rise of India and the Decarbonisation of its Economy
Ranked 14th in the world for gas consumption in 2022, with a growing dependence on imports, India plans to further increase its use of LNG. This appetite stems from both the economic development of...

People

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues
Employees in Asia are under "significant mental health strain," with 82% at moderate to high risk of being depressed.   According to a recent study by insurance broker Aon and TELUS Health,...

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail
On Thursday, FTX founder Sam Bankman-Fried agreed to a bail deal that would see him released on a $250 million bond secured against his parents' property, with movement restrictions.  ...

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool
Less than two months after taking over as CEO of the social media platform, Elon Musk faced backlash from Twitter users who voted in a poll for him to resign.   According to the poll the...