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BYD’s European Reset: How China’s EV Titan Is Rewiring Its Playbook for Western Success

Tariff Clash Grounds Xiamen Liveried Boeing 737 MAX, Shattering Aerospace Duty Free Traditions

Valentino Faces Profit Decline Amid Global Luxury Market Challenges

Top Indian Funds Pivot to Domestic Sectors Amid Global Uncertainty, Fueling Market Rebound

Crypto Controversy: Trump’s Gala Dinner Incentive Sends Meme Coin Tumultuously Higher

IMF Says AI Will Boost Global Growth by 0.5% Annually Even as Power Demand Triples

Roche's $50 Billion U.S. Investment: A Strategic Shift in Global Pharmaceutical Manufacturing

Tariff Truce Beckons as Bessent Warns Levies Threaten US-China Commerce

Companies
Lawsuit by Whistleblower over Cloud Computing Hits Oracle

Lawsuit by Whistleblower over Cloud Computing Hits Oracle

A former senior finance manager has sued Oracle Corp on Wednesday against her alleged termination over her complains against irregularities in the company. The former senior finance manager has alleged in the suit that she was fired by the company because she had complained against the improper...
Sources say $1 Billion of 30-Year Bonds to be Issued by Apple in Taiwan

Sources say $1 Billion of 30-Year Bonds to be Issued by Apple in Taiwan

With the aim of raising $1 billion, for the first time Apple Inc plans to issue bonds in Taiwan, say media reports quoting several sources that are familiar with the matter.   Apple is among a number of huge global names who have in recent times sold billions of dollars on the island's busy...
$7.9 Billion of it Alibaba Stocks Planned to be Sold by Top Shareholder Softbank

$7.9 Billion of it Alibaba Stocks Planned to be Sold by Top Shareholder Softbank

At least $7.9 billion of shares of in Chinese e-commerce company Alibaba Group Holding Ltd in order to raise funds to reduce its debt would be sold out by Japanese telecommunications and internet firm Softbank Group Corp, the company announced.   Since Softbank began investing in the company...
Record Cartel Fine on Truckmakers Set to be Imposed by EU

Record Cartel Fine on Truckmakers Set to be Imposed by EU

The EU has charged Europe’s largest truckmakers of fixing prices and delaying the introduction of new emission technologies and the commission is all set to issue the biggest cartel fine in its history by punishing the truckmakers. The original charge was sheet against DAF, Daimler, Iveco,...
Citing Government Rule Change, Alibaba Tells Vendors to Halt Online Drug Sale

Citing Government Rule Change, Alibaba Tells Vendors to Halt Online Drug Sale

Citing reasons that a local regulator has issued an "urgent" directive halting drug sales via third-party platforms, Chinese e-commerce firm Alibaba Group Holding Ltd has told vendors on its Tmall website to stop selling medicine.   A circular from the Hebei province branch of the China Food...
China’s New Electric Car that can be Charged Just Beside Your Phone

China’s New Electric Car that can be Charged Just Beside Your Phone

Before starting Autohome Inc., China’s premier car-buying portal, Li Xiang was earning 10 times more than his parents from part-time jobs when he left school in 1999 to focus on a website.   After the success of the website, he now plans to design and build cars also.  ...
Market Share of Saudi Aramco being Boosted Listing Preparations Continue

Market Share of Saudi Aramco being Boosted Listing Preparations Continue

As Saudi oil giant Aramco acts as a "bridge" to a future when the nation relies less on energy exports, it is gaining market share and pushing for greater efficiency, said the chief executive of the company Amin Nasser in an interview.   The partial privatization via a stock market listing...
GE Clinches Deal for Supplying Engines for South Korea’s Homegrown Fighter Jets

GE Clinches Deal for Supplying Engines for South Korea’s Homegrown Fighter Jets

The US electrical giant General Electric Co has won a deal that could be worth an estimated $3.5 billion over a European consortium to supply engines for its homegrown KF-X fighter jet project for South Korea.   South Korea is in a process to develop its own fighter jets to reduce its heavy...
Novartis Stake in Roche will be sold without Demanding Premium, says Company CEO

Novartis Stake in Roche will be sold without Demanding Premium, says Company CEO

In a surprise move that was announced on Wednesday, shares worth nearly $14 billion in rival company Roche would be sold by Swiss drugmaker Novartis without demanding a premium. This was announced by the Chief Executive of Novartis, Joe Jimenez.   Last month, news agency Reuters had reported...
Samsung Changes Strategy to Halt Smartphone Side

Samsung Changes Strategy to Halt Smartphone Side

Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business by changing the way it chooses smartphone components to the models it brings to market. By ultimately defying industry convention by opting for fewer pixels in exchange for...
Improvement of Labor Conditions in its Suppliers’ Factories in India, Cambodia being worked out by H&H

Improvement of Labor Conditions in its Suppliers’ Factories in India, Cambodia being worked out by H&H

Following revelations of violations in supplying garment factories in India and Cambodia in a study that was recently released, Swedish fashion retailer Hennes & Mauritz (H&M) said it was collaborating with trade unions, government as well as the U.N. to improve workers' conditions.  ...
Tesla's Goals for Model 3 Output Questioned by Suppliers: Reuters

Tesla's Goals for Model 3 Output Questioned by Suppliers: Reuters

The planned acceleration of the launch of high-volume production of its Model 3 to 2018 by Tesla Motors inc has been termed as being potentially difficult to achieve and potentially costly by supplier executives and industry consultants. This announcement has also surprised parts makers of the...
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World

WHO Faces Major Budget Cuts: The Impact on Global Health

WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

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...