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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

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

Valentino Faces Profit Decline Amid Global Luxury Market Challenges

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

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

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

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

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

Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

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
Tesla’s Deliveries Of China-Made Cars Triples Following Updating Of Shanghai Factory

Tesla’s Deliveries Of China-Made Cars Triples Following Updating Of Shanghai Factory

In August, Tesla sold 76,965 Chinese-made cars, more than doubling its monthly sales as it accelerated deliveries after increasing output at its Shanghai plant.   According to the China Passenger Car Association (CPCA), the American automaker exported 42,463 Model 3 and Model Y vehicles from...
Apple Will Contest Brazil's Ban On Selling iPhones Without A Charger

Apple Will Contest Brazil's Ban On Selling iPhones Without A Charger

Apple Inc. refuted accusations that it sells consumers a defective product on Tuesday by announcing it would appeal a Brazilian ruling prohibiting it from selling iPhones without a battery charger.   Apple was fined 12.275 million reais ($2.38 million) by the Justice Ministry, and the...
Credit Suisse Plans To Launch A Wealth Business Next Year In China

Credit Suisse Plans To Launch A Wealth Business Next Year In China

Despite a chain of controversies, leadership changes, and changes in global strategies, Credit Suisse is still pinning its hopes on China and now intends to launch a new wealth business in the market next year, according to a report by Reuters quoting information from a senior Asia...
CVS’s Negotiations To Acquire Signify Health For About $8 Bln In Advanced Stages: Reports

CVS’s Negotiations To Acquire Signify Health For About $8 Bln In Advanced Stages: Reports

Negotiations between CVS Health Corp and home-healthcare company Signify Health Inc for an acquisition of the latter is in its advanced stages for completion of a deal worth $8 billion, said reports quoting people familiar with the situation.   CVS is close to completing the transaction,...
Meta And Qualcomm Have Reached An Agreement On Custom Virtual Reality Chips

Meta And Qualcomm Have Reached An Agreement On Custom Virtual Reality Chips

Meta Platforms Inc announced an agreement with Qualcomm Inc to produce custom chipsets for its Quest virtual reality devices on Friday at a consumer electronics conference in Berlin.   According to a statement, the companies' engineering and product teams will collaborate to produce the...
Toyota commits up to $5.6 billion to EV battery production and increases investment in its North Carolina plant.

Toyota commits up to $5.6 billion to EV battery production and increases investment in its North Carolina plant.

Toyota announced on Wednesday that it will invest an additional $2.5 billion in a U.S. facility that will produce batteries for both hybrid electric and battery electric vehicles.   Toyota Battery Manufacturing North Carolina is set to begin operations in 2025, with the company announcing a...
Toyota's Global Vehicle Production Fell Again In July, Raising Concerns About The Firm’s Annual Target

Toyota's Global Vehicle Production Fell Again In July, Raising Concerns About The Firm’s Annual Target

The global vehicle production of Japan’s Toyota Motor Corp has dropped by as much as 8.6 per cent in July compared to the same period a year ago, the automaker said on Tuesday, as it missed its previously announced production target for the fourth month in a row.   The company said that this...
Philips Broadens Its Recall Of Respiratory Devices Due To Potential Plastic Contamination

Philips Broadens Its Recall Of Respiratory Devices Due To Potential Plastic Contamination

Philips, a Dutch medical device company, said it has grown a previous recall of some respiratory machines to a total of 1,700 devices worldwide because of the possibility of a plastic element being contaminated with a non-compatible material.   According to a Philips spokesperson, the firm's...
Apple, Meta, Microsoft Should Share Anti-Abuse Steps, Demands Australia, Could Impose Fines

Apple, Meta, Microsoft Should Share Anti-Abuse Steps, Demands Australia, Could Impose Fines

An Australian regulator demanded that Facebook owner Meta Platforms, Apple Inc, and Microsoft Corp share their strategies for combating child abuse content on their platforms or face fines.   The e-Safety Commissioner, a body established to protect internet users, stated that it used laws...
Sony Will Acquire A Mobile Game Developer As Part Of Its Push Beyond Consoles

Sony Will Acquire A Mobile Game Developer As Part Of Its Push Beyond Consoles

Sony Group Corp announced on Monday that it will acquire Helsinki and Berlin-based mobile games company Savage Game Studios for an undisclosed sum as part of the Japanese conglomerate's major push beyond console gaming.   In May, Sony's gaming chief Jim Ryan outlined plans to significantly...
CATL Of China Will Innovate New Battery Substances To Increase Energy Density

CATL Of China Will Innovate New Battery Substances To Increase Energy Density

CATL, China's battery giant, is working on new battery materials that can improve energy density by 10 per cent to 20 per cent over iron phosphate batteries, according to the company's chairman, as the battery giant scrambles to maintain its lead amid competition.   Zeng Yuqun stated at the...
Sinopec Of China Begins The First Carbon Capture And Storage Facility, With Plans For Two More By 2025

Sinopec Of China Begins The First Carbon Capture And Storage Facility, With Plans For Two More By 2025

Sinopec Corp of China announced on Monday that it has completed the country's largest carbon capture, utilization, and storage (CCUS) facility in east China and plans to construct two more plants of comparable size by 2025.   The state-owned oil company is one of the leading companies in...
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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...