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Wednesday, December 4, 2024

Panasonic Boosts High-Capacity EV Battery Manufacturing

Panasonic Energy, a key supplier to electric...

China Soars with Cargo Drones and Air Taxis

China is rapidly transforming its skies into...

The Hunt for Ultralight Dark Matter: Sifting Through the Cosmic Shadow

Dark matter, the enigmatic substance that dominates...

Business

Rivian Receives Conditional $6.6 Billion Loan for Georgia Manufacturing Plant

The U.S. government has approved a conditional loan of $6.6 billion to electric vehicle maker Rivian to support the construction of its long-awaited factory in Georgia. The loan, consisting...

China vs. Europe: The Complex EV Debate and Its Impact on Trade Relations

Concerns about a potential tariff war between China and other major exporting nations are...

Tesla Revs Up Sales with Free Month of Driver-Assist Software in the US

Electric carmaker Tesla (TSLA.O) CEO Elon Musk said on Monday that the company will...

Singtel’s Optus Fined A$1.5 Million for Public Safety Data Breach

The Australian telecommunications company Optus, owned by Singapore Telecommunications, has paid a fine of...

Santander Splurges: $1.57 Billion Share Buyback and Soaring Dividend Buoy Investors

Spain's Santander, the euro zone's second-biggest bank by market value, announced a new share...

Rivian Receives Conditional $6.6 Billion Loan for Georgia Manufacturing Plant

The U.S. government has approved a conditional loan of $6.6 billion to electric vehicle maker Rivian to support the construction of its long-awaited factory...

China vs. Europe: The Complex EV Debate and Its Impact on Trade Relations

Concerns about a potential tariff war between China and other major exporting nations are sustaining diplomatic efforts between the world’s second-largest economy and the...

Tesla Revs Up Sales with Free Month of Driver-Assist Software in the US

Electric carmaker Tesla (TSLA.O) CEO Elon Musk said on Monday that the company will offer U.S. customers a month's trial of its driver-assist technology...

Singtel’s Optus Fined A$1.5 Million for Public Safety Data Breach

The Australian telecommunications company Optus, owned by Singapore Telecommunications, has paid a fine of A$1.5 million ($977,250) following a significant breach of public safety...

Santander Splurges: $1.57 Billion Share Buyback and Soaring Dividend Buoy Investors

Spain's Santander, the euro zone's second-biggest bank by market value, announced a new share buyback program of 1.46 billion euros ($1.57 billion) on Monday...

Starlink Connects Conflict Zone: Musk’s Satellite Internet Beams into Israel and Parts of Gaza

The Starlink satellite internet service, owned by the tech entrepreneur, has secured a license to operate in Israel and certain areas of the Gaza...

Heineken Fizzles: Shares Drop After Cautious 2024 Profit Forecast

Heineken, the Dutch brewer, may experience a considerable drop in profits for the year 2024, potentially falling well below analyst projections due to geopolitical...

Pinterest Struggles Against Giants, Weak Forecast Hints at Tough Ad Market

The company, headquartered in San Francisco, operates with a unique business model: it sells advertising space to marketers to showcase their brands and products...

Lyft Offers Guaranteed Pay to Combat Driver Shortage

The new offer will be available to drivers across the United States. The company says it will guarantee that a driver will earn at...

Evergrande Crumbles: China’s Debt Giant Liquidated, Sparking Economic Worries

A Hong Kong court has issued a liquidation order against China Evergrande Group, initiating a challenging process to dismantle one of the largest casualties...

From Boardroom to Courtroom: British Billionaire Lewis Pleads Guilty to Insider Trading

The family trust that owns the Tottenham Hotspur football club in England is owned by billionaire Joe Lewis, who pleaded guilty to US insider...

New Battery Sourcing Rules Trim US EV Tax Credits

Many new electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday. The new...

Boeing Set to Hand Over Initial Dreamliner to China, First Since 2021

Boeing is set to restart deliveries of its 787 Dreamliner to China within days, a step that could pave the way for China to...

Hyundai Motor to Incur $219 Million Loss as It Sells Russian Plant

South Korea, which has a crucial role in global technology and a world-leading shipping industry, must balance Euro-Atlantic security concerns with its security interests...

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