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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

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

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

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
Analysts Say Services Revenue And China Revival To Boost Apple In Third Quarter

Analysts Say Services Revenue And China Revival To Boost Apple In Third Quarter

According to an analysis from Evercore ISI, there would be an increase in the revenues generated by Apple from its services business in the third quarter – driven by revenues from app store developer and regaining of growth in China – which are both critical area for the future growth of the iPhone...
Public Listing Plans For Richard Branson's Virgin Galactic

Public Listing Plans For Richard Branson's Virgin Galactic

Virgin Galactic – the space-tourism company of British billionaire Richard Branson is planning to get itself listed at a stock exchange, said the company on Tuesday.    The listing, which is scheduled to take place in the second half of 2019,  would be a part of a merger deal that...
VW To Give Confidence To Electric Vehicle Battery Suppliers Through Joint Ventures And Financing

VW To Give Confidence To Electric Vehicle Battery Suppliers Through Joint Ventures And Financing

Germany’s Volkswagen Group wants to get the support of battery suppliers for its aggressive plans for mass production of electric vehicles and would be willing to develop joint ventures and make investments in battery production to gain the confidence of battery suppliers   “VW will buy 50...
Record Fine Of $230 Million Fine Over Data Theft Proposed Against British Airways

Record Fine Of $230 Million Fine Over Data Theft Proposed Against British Airways

A record fine of $230 million is staring at the face of the British Airways-owner IAG over the cyber theft of data from 500,000 customers which had been kept on the company website last year. The incident was judged according to the regulations of the new data-protection rules in the United Kingdom...
Asda IPO Possible In 2/3 Years, Says Company Chief

Asda IPO Possible In 2/3 Years, Says Company Chief

The British supermarket group Asda, which is currently owned by the US retailing giant Walmart, could be put up for public listing in about two or three years, said the chief of Asda.    Asda was attempted to be taken over by its rival Sainsbury’s in a proposed deal with 7.3 billion...
Privacy Would Be Major Challenge For Google In The Health Care Segment, Shows A Lawsuit

Privacy Would Be Major Challenge For Google In The Health Care Segment, Shows A Lawsuit

A case filed against Google and the University of Chicago Medical Center accused the two of not being diligent enough to protect privacy of patients. The lawsuit claims that patients could be identified from data stored with the two defendants because they did not erase date stamps or doctor’s...
Mac Pro Production Being Moved To China From The US By Apple: Reports

Mac Pro Production Being Moved To China From The US By Apple: Reports

A recent report published in The Wall Street Journal claimed that the production unit of its new Mac Pro computer is being moved to China by Apple. This decision effectively marks the manufacturing end to the only major product that the tech giant makes in the United States.   ...
ChemChina’s Acquisition Of Syngenta Was A ‘Mistake’, Says Chinese Ambassador

ChemChina’s Acquisition Of Syngenta Was A ‘Mistake’, Says Chinese Ambassador

The acquisition of the seed and agrochemicals firm Syngenta by the Chinese firm ChemChina in a deal worth $34 billion was not a wise business decision, said Beijing’s ambassador to Switzerland. The ambassador added that if he had the chance or the opportunity and if he had been in Bern, he would...
$6 Billion Deal To Take Madame Tussauds Owner Private Led By Lego Family

$6 Billion Deal To Take Madame Tussauds Owner Private Led By Lego Family

Britain’s Merlin private – the owner of Madame Tussauds and Legoland, is to be taken over again by private equity firm and Lego’s founding family Blackstone in a deal worth $7.5 billion.   It could get a greater scope for “significant, long-term investment” as the Danish interlocking...
More Boeing 737 Max Flights Cancelled By Airlines; Some Crash Victims Refuse Settlement Of Litigation

More Boeing 737 Max Flights Cancelled By Airlines; Some Crash Victims Refuse Settlement Of Litigation

While families of some of the deceased in the Ethiopian Airline crash told a court in Chicago that they were not willing to go in for a settlement of the litigation, United States based aircraft maker Boeing faced another blow as Southwest Airlines Co. announced that it would not schedule any of...
Massive Change To Be Implemented In Porsche In Its Sports Cars

Massive Change To Be Implemented In Porsche In Its Sports Cars

In recent years, there has been very significant and very rapid development in a number of areas of the global auto industry which includes the likes of complete electrification of vehicles, the rise of self driving technologies and ride sharing projects.    Analysts and experts claim...
Bailout Investment For Japan Display Will Have $100 Million From Apple

Bailout Investment For Japan Display Will Have $100 Million From Apple

Apple would be part of a bailout package of $100 million for the Japanese smartphone screen maker Japan Display Inc according to news reports with information from sources. The bail out deal is being headed by a Chinese investment firm. This development -= minus the participation of Apple, was...
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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...