The CEO of Tesla, the leading US EV manufacturer, Elon Musk, highlighted the pressure on his company on Wednesday when he claimed that Chinese manufacturers
Category: WORLD NEWS
Diplomats’ first alcohol store is set to open in Saudi Arabia in a bid to boost tourism and the post-oil economy.
Saudi Arabia is getting ready to launch its first alcohol store in the country’s capital, Riyadh, catering only to non-Muslim diplomats, according to a document
Microsoft and MasterCard are developing new tools to transform small businesses by utilizing generative AI.
Software with generative artificial intelligence is taking small firms by storm. A.I. technologies such as OpenAI’s ChatGPT, Google’s Bard, and others are being used by
Toyota subsidiary that faked safety tests for 30 years sees a long wait to reopen factories.
On Monday, a Japanese carmaker that had falsified safety testing for decades stated that it has no plans to start selling cars again anytime soon.
Kazakhstan-based banking and fintech giant Kaspi.kz was valued at $17.5b in a lackluster Nasdaq debut.
A day after the massive banking and fintech company located in Kazakhstan raised $1 billion for its investors in a huge initial public offering (IPO),
Top 20 global hedge funds generated $67b for clients in 2023.
Data released by LCH Investments on Monday shows that the top 20 hedge funds in the world by revenue produced $67 billion for investors in
Google to invest $1b in a data centre and $3.2b in AI services in the United Kingdom.
To accommodate the region’s growing demand for internet services, Google announced on Thursday that it will invest $1 billion in the construction of a data
Japan’s Sekisui House becomes the 5th largest U.S. homebuilder with the acquisition of M.D.C. Holdings for $4.9b
Sekisui House Ltd. of Japan is paying $4.9 billion to acquire Denver-based M.D.C. Holdings Inc., making the Japanese company the country’s fifth-largest new home builder.
Tata adopts a green steel business with a $634m investment from the British government and sheds 2,800 jobs.
To reduce costs and improve sustainability, Indian company Tata Steel said on Friday that it would close both of its blast furnaces at its Port
China overtakes the U.S. as South America’s largest trading partner with a $3.5b Silk Road mega port.
Chancay, a fishing hamlet in Peru, welcomed a group of Brazilian farmers and politicians in September. The allure was a brand-new mega port being built
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