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Tesla, the electric vehicle (EV) pioneer led by Elon Musk, has predicted a significant sales deceleration this year, joining the ranks of car manufacturers cautioning about weakening demand. The company expects growth to be “notably lower” than the impressive...
In an unprecedented move, ExxonMobil has filed a lawsuit against climate activist investors Follow This and Arjuna Capital, seeking to block their climate proposal from reaching a vote at the upcoming annual investor meeting. The legal complaint accuses US...
Oil prices surged over 2% to $78.40 per barrel after Iran seized a tanker en route to Turkey, heightening fears of increased fuel costs globally. The UK government predicts potential disruptions in the Red Sea, projecting a minimum $10...
United Airlines disclosed the grounding of several Boeing 737 Max 9 planes due to the discovery of loose bolts on door plugs during inspections prompted by a recent alarming incident on an Alaska Airlines flight. On January 6, the...
Ikea is sounding the alarm on potential delays in product availability as rebel assaults on vessels intensify along the Red Sea trade route. Houthi militants in Yemen, with support from Iran, have increased their use of drones...
McDonald’s has unveiled plans for its new coffee-focused venture, CosMc’s, to enter the market segment dominated by Starbucks. The pilot location is set to open in Chicago this month, with plans to expand to around ten locations...
In a resolution to avert a news blockade, Google has struck a deal with Canada regarding the contentious Online News Act, designed to compel tech giants to remunerate news content. The agreement, following months of negotiations, mandates...
Chinese authorities have launched an investigation into Zhongzhi Enterprise Group (ZEG), one of the country’s largest shadow banks, which has provided substantial loans to real estate firms. ZEG’s asset management arm, at its peak, managed over a...
Following a nationwide outage that severed mobile and internet services for almost half of Australia on November 8, Kelly Bayer Rosmarin, the Chief Executive Officer of Optus, has announced her resignation. The outage, lasting over 12 hours,...
Elon Musk has unveiled a new AI chatbot called “Grok” on his social media site X (formerly Twitter), marking another foray into the world of artificial intelligence. While Musk touted Grok as one of the best AI...

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