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

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

Amazon Sellers Pass Tariff Shock to Shoppers as Trump’s China Duties Bite

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

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

Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

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

25% Tariffs Could Add $51 Billion to U.S. Drug Costs and Raise Prices by Nearly 13%

Wall Street’s Week Ahead: Big Tech Earnings Poised to Shape Market Trajectory

Companies
Collapsed Crypto Exchange FTX’s CEO Says Firm Had Was Engaged In ‘Old Fashioned Embezzlement’

Collapsed Crypto Exchange FTX’s CEO Says Firm Had Was Engaged In ‘Old Fashioned Embezzlement’

The US House Financial Services Committee held an hearing on the collapse of cryptocurrency exchange FTX on Tuesday, following the arrest of founder Sam Bankman-Fried in the Bahamas on Monday night, as US regulators announced a slew of civil and criminal charges against the one-time billionaire....
Sam Bankman-Fried, FTX Founder, Arrested In The Bahamas After The US Filed Criminal Charges Against Him

Sam Bankman-Fried, FTX Founder, Arrested In The Bahamas After The US Filed Criminal Charges Against Him

Sam Bankman-Fried, the founder of FTX, was arrested by Bahamian authorities Monday evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, paving the way for extradition and a U.S. trial for the onetime crypto...
Air India Is On The Verge Of Placing A Historic Order For Up To 500 Jets

Air India Is On The Verge Of Placing A Historic Order For Up To 500 Jets

According to industry sources, Air India is close to placing landmark orders for up to 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate.   The orders include up to 400 narrow-body planes...
Microsoft Purchases A Nearly 4% Stake In The London Stock Exchange As Part Of A 10-Year Cloud Agreement

Microsoft Purchases A Nearly 4% Stake In The London Stock Exchange As Part Of A 10-Year Cloud Agreement

Microsoft announced a 10-year partnership with the London Stock Exchange Group on Monday, taking a nearly 4% stake in the bourse operator.   According to the LSEG, the partnership includes next-generation data and analytics, as well as cloud computing products. It includes a new data...
TSMC Outperforms The Chip Industry Slump With A 50% Revenue Increase, Aided By Apple Iphone Orders

TSMC Outperforms The Chip Industry Slump With A 50% Revenue Increase, Aided By Apple Iphone Orders

The largest contract chipmaker of the world, Taiwan based TSMC, reported a revenue increase in November, thanks in part to orders for high-end smartphones such as Apple's iPhone.   The Taiwanese company, which manufactures chips for other companies, reported November revenue of 222.71...
Founder Of iPhone Contract Maker Foxconn Convinced Chinese Authorities To Soften Covid Restrictions: Reports

Founder Of iPhone Contract Maker Foxconn Convinced Chinese Authorities To Soften Covid Restrictions: Reports

According to The Wall Street Journal, the owner of China-based Apple vendor Foxconn succeeded in persuading the country's leaders to ease the Covid constraints that sparked protests in China.   According to the Journal, Foxconn founder Terry Gou stated in a letter to Chinese leaders over a...
10-Year Deal For Call Of Duty On Playstation Offered To Sony By Microsoft If Deal Happens

10-Year Deal For Call Of Duty On Playstation Offered To Sony By Microsoft If Deal Happens

Production At Full Capacity At Its COVID-Hit China Factory To Start Late Dec-Early Jan, Anticipates Foxconn

Production At Full Capacity At Its COVID-Hit China Factory To Start Late Dec-Early Jan, Anticipates Foxconn

Foxconn , the largest contract iPhone maker for Apple, anticipates that its resumption of full manufacturing at its COVID-affected Zhengzhou factory will be possible at around late December to early January, according to reports quoting a Foxconn source.  Production at...
Chinese EV Firm BYD Will Begin Selling Its Cars In Japan At The Beginning Of Next Year

Chinese EV Firm BYD Will Begin Selling Its Cars In Japan At The Beginning Of Next Year

China’s BYD Co, the largest EV maker of the world, will start selling its first battery electric vehicles (BEVs) in Japan, the firm’s Japanese division announced on Monday. This is a part of the strategy of the company to accelerate selling or making its EVs available in major markets around the...
Financial Times Reports Crypto Exchange Gemini Attempting To Recoup $900 Million From Crypto Lender Genesis

Financial Times Reports Crypto Exchange Gemini Attempting To Recoup $900 Million From Crypto Lender Genesis

The Financial Times reported on Saturday that crypto broker Genesis and its parent company Digital Currency Group (DCG) owe $900 million to customers of the Winklevoss twins' cryptocurrency exchange Gemini.   According to the newspaper, Gemini is attempting to recover the funds after Genesis...
Elon Musk Tweets About His Meeting With Apple’s Tim Cook, Claims iPhone Maker Did Not Consider Ever To Remove Twitter App

Elon Musk Tweets About His Meeting With Apple’s Tim Cook, Claims iPhone Maker Did Not Consider Ever To Remove Twitter App

A series of tweets by the new Twitter owner Elon Musk revealed that the billionaire entrepreneur had gone to Apple’s headquarters and held a meeting with Apple CEO Tim Cook on Wednesday.   This meeting assumes importance because of allegations by Musk a earlier in the week of Apple...
Tesla Remains Dominant, But Its Market Share In The US Is Shrinking As Cheaper EVs Enter The Market

Tesla Remains Dominant, But Its Market Share In The US Is Shrinking As Cheaper EVs Enter The Market

According to a report released Tuesday by S&P Global Mobility, Tesla remains the top-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models.   According to the data firm, Tesla's market share of...
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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...