Tesla Inc. has reportedly made contracts worth USD 5 billion with Indonesian nickel manufacturing companies to buy materials for its batteries. For a while now, Indonesia has been trying to get Tesla to invest in setti...
Oracle Corporation is reportedly planning to lay off thousands of workers as early as August, as the database and cloud services provider is getting ready to release its first-quarter financial results. ...
The Bank of England has reportedly stated that it will take aggressive measures, if necessary, to prevent the inflation issue from becoming a prolonged challenge. Sources claimed ...
Japan’s Industry Minister Koichi Hagiuda announced on Wednesday i.e., 13th July that the country is planning to assist India in steering its transformation process to clean energy by building on an initiative int...
Foxconn, a prominent contract electronics manufacturer, has reportedly increased its full-year business outlook as a result of robust sales of servers and smartphones, despite concerns over demand drops due to rising i...
After failing to get regulatory permits, China's Great Wall Motor has reportedly abandoned its plans to invest USD 1 billion in India and has fired all employees from its Indian facilities. The Chinese automaker ha...
Tesla Inc. reportedly closed its San Mateo, California office to expedite cost-cutting and has let go nearly 200 workers who functioned on its autopilot driver-assistant system. Most of these employees were compensated...
Google LLC was reportedly hit with an antitrust case by Jobindex, a Danish online job-search rival, that took its grievance to European regulators asserting that Alphabet Inc.’s subsidiary is unjustly favoring it...
The Coca-Cola Company, an American multinational beverage corporation, has reportedly secured a Brand Strength Index (BSI) score of 93.3 out of 100, making it the strongest brand in the USA, according to a TradingPlatf...
The European Union has reportedly pledged USD 630 million to support weaker nations to tackle food scarcity that was made worse by Russia's assault on Ukraine. The funds include USD 368 million in aid to increase l...
According to a recent study, e-commerce platforms are currently India's fastest-growing digital advertising medium and are expected to offer around USD 8 billion worth of opportunities by 2030. Roughly 300-350 mill...
Germany has revealed new measures to increase gas storage levels ahead of the upcoming winter when it anticipates that Russia may restrict or even stop the whole supply. The country, which depends on Moscow for most of...
German apparel giant Adidas AG has reportedly filed a complaint against its American rival Nike Inc., alleging that the sportswear giant infringed on nine of its patents in terms of customizable shoe technology and sma...
According to the statement issued by DHL’s freight forwarding unit, the gap between demand from shippers and new container vessels is steadily getting bridged, which will eventually enable port congestion to ease...
Regulators in the United Kingdom are reportedly planning to investigate Apple Inc. and Google LLC for their impactful duopoly on mobile operating systems, questioning them about their market supremacy in the mobile bro...
Qatar has reportedly chosen Exxon Mobil Corp., Shell plc, TotalEnergies SE, and ConocoPhillips as partner organizations in the development and expansion of the world's largest LNG (liquefied natural gas) project. B...
As part of its 'World Without Waste' campaign, the Coca-Cola Company announced that its India unit intends to achieve 100% recovery as well as recycling of post-consumer used products, that includes cans and bo...
As per reliable sources, factory operations in Asia slowed in May as China's stringent Coronavirus restrictions began to disrupt supply chains and weaken demand, compounding problems for some of the region’s ...
Around 30 of the world's largest fashion companies are reportedly lagging in terms of the United Nations' environmental targets set for sustainable fashion clothing. Although some fashion houses are steadily im...
According to reliable sources, lithium prices have surged approximately 500% within just a year, which in turn could hamper the rapid expansion of electric vehicles and threaten the clean air movement. This development...
The Securities and Exchange Commission (SEC) is reportedly investigating Tesla CEO Elon Musk's buyout of social media platform Twitter. The agency is probing a paperwork mix-up that shows Musk filing for the requir...
Luxury retailers in the United States are reportedly depending on the deep pockets of their high-end customers to weather the inflationary storm that has engulfed the retail landscape. Off late, the retail environment ...
The United States is reportedly pushing Russia closer to a consequential debt default by refusing to extend its license to allow bondholders to pay, as Washington looks to increase pressure following Moscow’s inv...
Facebook-parent Meta Platforms Inc has recently announced that it would provide additional data from its public ad database regarding the targeting decisions made by publishers running social and political-issue advert...
South Korea's largest carmaker Hyundai Motor Group is reportedly planning to invest an additional USD 5 billion in the U.S. by 2025. The company aims to strengthen its collaboration with technological firms in the ...
The Digital Development Minister of Russia has reportedly stated that the country is not planning to block Google’s video streaming platform YouTube as such a move would affect its users and will therefore be avo...
After Ukraine’s invasion, multinational fast-food giant McDonald's Corp. is reportedly planning to sell all its restaurants in Russia, pulling operations from the nation after 30 years. ...
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