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BMW Embraces “Neue Klasse” as Its Strategic Engine for Future Growth

U.S.–Japan Trade Pact Stalls as Tokyo Awaits Tariff Clarity on Pharma and Chips, Reflecting Deep Strategic Disagreements

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout

Hyundai Raid Raises Questions Over Visa Practices and Risks to U.S.–South Korea Investment Ties

Slim iPhone Air positioned as a design coup as Apple rethinks flagship form

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs

Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Latest News

Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Reader's Pick

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade 20/08/2025

Brussels Holds Firm: Why the EU Pushed to Protect Its Digital Rulebook and How That Stalled a Joint Trade Statement with Washington 17/08/2025

Samsung’s U.S. Surge: How the Galaxy Playbook Is Winning Customers from Apple 17/08/2025

India’s Planned Ban on Money-Based Online Gaming Set to Reshape a Multi-Billion-Dollar Industry 20/08/2025

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal 02/09/2025

Latest Business News
Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Companies

Hundreds of workers, mostly South Korean nationals, detained during a sweeping U.S. immigration raid at a Hyundai-LG battery plant in Georgia are now being released and flown home, following legal reviews and diplomatic pressure. The arrests, which numbered about 475, sparked concern over whether many of those detained had broken visa rules at all, and triggered a diplomatic row between...
Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Companies

Oracle’s shares have surged in recent trading, pushing the company within striking distance of a $1 trillion market valuation as investors recalibrate the enterprise software giant’s role in the fast-growing artificial intelligence infrastructure market. The rally has been driven by a string of large, long-dated cloud commitments and management guidance that together have convinced markets Oracle...
Slim iPhone Air positioned as a design coup as Apple rethinks flagship form

Slim iPhone Air positioned as a design coup as Apple rethinks flagship form

Companies

Apple’s announcement of the iPhone Air — the company’s thinnest handset to date — has prompted widespread analyst commentary that frames the device as a potential design victory for the tech giant. Observers say the Air’s insistence on slenderness, premium materials and system-level engineering could revive Apple’s hardware narrative and create fresh upgrade incentives, provided the company...
Hyundai Raid Raises Questions Over Visa Practices and Risks to U.S.–South Korea Investment Ties

Hyundai Raid Raises Questions Over Visa Practices and Risks to U.S.–South Korea Investment Ties

Companies

Workers warned companies about risky visas before the Georgia raid, officials and lawyers say, a claim that adds new scrutiny to how South Korean firms staff high-tech U.S. projects and the diplomatic fallout after the largest single-site enforcement action in Homeland Security history.   Warnings and the decision to send workers   Workers, industry officials and immigration lawyers...
BMW Embraces “Neue Klasse” as Its Strategic Engine for Future Growth

BMW Embraces “Neue Klasse” as Its Strategic Engine for Future Growth

Companies

BMW has unveiled a bold new growth strategy centered on the all-electric Neue Klasse platform, aimed at redefining its product line, strengthening profits, and asserting competitiveness in a cutthroat global market. This approach emphasizes electrification, digital innovation, and sustainability—targeting both existing markets and emerging opportunities.   The Neue Klasse isn’t just a new...
Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Companies

World Liberty Financial’s WLFI token opened public trading this week with a burst of attention — and then a sharp pullback. The token, created by the Trump family’s World Liberty venture as a governance and utility instrument, initially fetched strong bids on major exchanges but ended its first trading day materially lower than early peaks. Market participants and analysts pointed to a mix of...
Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Companies

Nestlé abruptly dismissed Chief Executive Laurent Freixe on Monday after an internal review concluded he breached the company’s code of conduct by failing to disclose a romantic relationship with a direct subordinate. The Swiss food group moved swiftly to replace him, elevating longtime executive Philipp Navratil — most recently head of Nespresso — as CEO with immediate effect. The surprise...
China’s BYD feels the burn: how China’s EV price war ate into margins and profits

China’s BYD feels the burn: how China’s EV price war ate into margins and profits

Companies

China’s electric-vehicle champion BYD reported a sudden and painful squeeze on profitability this quarter as an accelerating price war at home forced the company into heavy discounting, dealer incentives and margin concessions. Once the poster child of China’s EV boom, BYD’s second-quarter results exposed how rapid market share battles and aggressive promotions across brands have turned a growth...
Smart stethoscope turns seconds of sound into earlier care — and reshapes diagnosis pathwaysA pocket-sized stethoscope that combines traditional auscultation with an electrocardiogram and cloud-based artificial intelligence is changing how clinicians

Smart stethoscope turns seconds of sound into earlier care — and reshapes diagnosis pathwaysA pocket-sized stethoscope that combines traditional auscultation with an electrocardiogram and cloud-based artificial intelligence is changing how clinicians

Innovation

A pocket-sized stethoscope that combines traditional auscultation with an electrocardiogram and cloud-based artificial intelligence is changing how clinicians spot three major heart problems — heart failure, valvular disease and dangerous rhythm disorders — in as little as 15 seconds. Early deployments in UK primary care have shown the tool finds many conditions that routine examination can miss,...
Meta Weighs Using Google and OpenAI Models to Power Apps — a Pragmatic Pivot with Big Industry Ripples

Meta Weighs Using Google and OpenAI Models to Power Apps — a Pragmatic Pivot with Big Industry Ripples

Companies

Meta Platforms is reportedly exploring short-term deals to use rival AI models from Google and OpenAI inside its apps as the company races to close a widening performance gap with leading generative-AI providers. The discussions, centred in Meta’s newly formed Superintelligence Labs, reflect a pragmatic — if unusual — strategy: borrow the best available capabilities now while continuing to build...
Russia’s Rosneft’s profits plunge as oil glut, strong rouble and policy costs bite

Russia’s Rosneft’s profits plunge as oil glut, strong rouble and policy costs bite

Companies

Russian oil major Rosneft said its net income plunged by roughly 68% in the first half of the year, a decline company executives squarely blamed on a mix of weaker crude prices, currency movements and mounting structural costs — a cocktail that has battered earnings across the country’s energy sector.   The drop to about 245 billion roubles (\$3 billion) marked a sharp reversal from the...
U.S. Ends Low-Value Import Exemption to Curb Trade Loopholes and Rising Consumer Risks

U.S. Ends Low-Value Import Exemption to Curb Trade Loopholes and Rising Consumer Risks

Markets

The United States has brought an end to its long-standing exemption on low-value imports, a change that is reshaping the landscape for global e-commerce and ordinary consumers. Effective immediately, all imported packages—regardless of their value—will face duties and customs checks. The move, presented by the administration as both a public safety measure and an economic necessity, is expected...

World

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs
European leaders are moving closer to an unprecedented financial move: channeling proceeds from frozen Russian assets into a reparations loan for Ukraine. The initiative, spearheaded by the European...

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout
Congressional disclosure of materials from Jeffrey Epstein’s estate has put a disputed 2003 “birthday book” squarely into the political spotlight. The book, turned over to the House Oversight...

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit
Chinese President Xi Jinping used a high-profile summit of the Shanghai Cooperation Organisation to set out an expansive vision for a reshaped global order — one that leans on regional institutions,...

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade
India and China’s agreement to resume direct flights and expand trade and investment marks a pragmatic thaw between two wary neighbours — a move shaped as much by regional border diplomacy as by a...

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears
U.S. special envoy Steve Witkoff met Russian President Vladimir Putin at the Kremlin on Wednesday, just two days before the expiration of a key deadline set by President Donald Trump. The deadline...

People

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute
The legal and political battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is moving into a Washington courtroom, where a federal judge is preparing to hear...

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...

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...