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Search For Design Head To Cater To Chinese Market Being Done By Tesla: Reuters

Search For Design Head To Cater To Chinese Market Being Done By Tesla: Reuters

In its efforts to start a “full-function” studio in Shanghai or Beijing and thereby design electric cars that are specifically suited to fulfil Chinese consumer tastes, United States based electric car maker Tesla is searching for a design director in China, claimed a report published by the news...
Despite Policy Violations, A Host Of Lending Apps Thriving On Google Play In India

Despite Policy Violations, A Host Of Lending Apps Thriving On Google Play In India

Google Play Store’s rules on loan repayment lengths aimed at protecting vulnerable borrowers have been violated by at least 10 Indian lending apps on the Store. These apps have been downloaded millions of times, claimed a Reuters report based on analysis of such services and more than a dozen...
US Index Providers Drop Chinese Telecom Firms Who Lose $5.6 Billion In Combined Value

US Index Providers Drop Chinese Telecom Firms Who Lose $5.6 Billion In Combined Value

A total of $5.6 billion was shaved off the value of their Hong Kong-traded shares for three Chinese telecom companies at the end of last week after the stocks of three companies were announced to be dropped off from their benchmarks by the index providers MSCI Inc, FTSE Russell and S&P Dow...
Hyundai Holding Early But Unspecified Talks With Apple, Local Media Claims The Two Discussing Electric Vehicles

Hyundai Holding Early But Unspecified Talks With Apple, Local Media Claims The Two Discussing Electric Vehicles

Following a telecast by a local broadcaster of South Korea that discussions were being held for a tie up about an electric car and car battery between the South Korean auto giant Hyundai Motor Co and the United States based iPhone maker Apple Inc, the auto giant confirmed that it was in early but...
LVMH Engaged In Tiffany Makeover After Conclusion Of $16 Billion Acquisition

LVMH Engaged In Tiffany Makeover After Conclusion Of $16 Billion Acquisition

Bernard Arnault, the son of the founder of LVMH has been installed in a new leadership position at Tiffany on Thursday following the conclusion of the $15.8 billion acquisition of the United States jeweller by the French luxury goods group.   Two executives from its Louis Vuitton handbag...
Market Value Of Game Maker Roblox Increased Seven Folds During Pandemic

Market Value Of Game Maker Roblox Increased Seven Folds During Pandemic

The value of the company that has developed and runs the children's online gaming platform Roblox has skyrocketed during the novel coronavirus pandemic season.   With the company raising $520m in private capital in a funding round earlier this week, the market value of the company reached a...
Amid Regulatory Scrutiny, China’s Alibaba Plans $5 Billion Bond Sale: Reuters

Amid Regulatory Scrutiny, China’s Alibaba Plans $5 Billion Bond Sale: Reuters

Even as the Chinese regulators are conducting investigations into its business practices, plans of raising at least $5 billion through the sale of a U.S. dollar-denominated bond this month ha been made by China’s Alibaba Group Holding Ltd, according to a report by the news agency Reuters quoting...
Nissan Motor’s Revival Plan Will See It Reducing Presence In Europe: Reports

Nissan Motor’s Revival Plan Will See It Reducing Presence In Europe: Reports

Faced with a huge pressure from investors to stage a turn around of its business, the Japanese auto manufacturer Nissan Motors has decided to significantly reduce its presence further in the European market. The Japanese auto maker has also decided to outsource the sales and manufacturing of its...
After Ending JV Talks With Ford, India’s Mahindra Now Focus On SUVs

After Ending JV Talks With Ford, India’s Mahindra Now Focus On SUVs

After the end of the unsuccessful joint venture talks with the United States auto maker Ford Motor Co, India’s auto giant Mahindra & Mahindra Ltd has now decided to go alone and focus on further development of its core portfolio of sport-utility vehicles (SUVs) and the electric versions of the...
Advertising Integrity Chief Of Facebook Quits The Company

Advertising Integrity Chief Of Facebook Quits The Company

According to a report published by the news agency Reuters based on an internal company post viewed by the news agency, the chief of advertising integrity of the social media giant Facebook, whose responsibility included appropriate handling of the ad products of the company related to sensitive...
Ant Group Should Be Overhauled Says Chinese Regulators

Ant Group Should Be Overhauled Says Chinese Regulators

China’s digital payments giant Ant Group has been asked by China's central bank to bring in changes to its lending and other consumer finance operations in the latest blow by Chinese authorities to the billionaire founder and controlling shareholder Jack Ma of the company, the central bank...
Investigators Say Microsoft’s Resellers Used By Russian Hackers To Breach Customers

Investigators Say Microsoft’s Resellers Used By Russian Hackers To Breach Customers

In order to penetrate targets that had no compromised network software from SolarWinds Corp, reseller access to Microsoft Corp services were used by the suspected Russian hackers responsible for the worst US cyber attack in years, investigators into the incident have found.   Previously, the...
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World

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...

Conflict-Affected Nations Demand Urgent Climate Funding At COP29

Conflict-Affected Nations Demand Urgent Climate Funding At COP29
As COP29 unfolds in Azerbaijan, conflict-affected nations are making a unified call to double climate funding to over $20 billion annually by 2026. This demand comes against the backdrop of...

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*
As former U.S. President Donald Trump prepares to re-enter the White House, the geopolitical landscape is bracing for significant shifts. Russian President Vladimir Putin has publicly expressed his...

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...