Economy

BYD shares slide as China's EV price war hits profits

Economy

BYD shares fall as China’s EV price war erodes profits

Jasmin Rodriguez

China’s electric vehicle market has become one of the most competitive sectors in the global automotive industry. Once seen as a steady growth story, the segment is now facing a…

Economy

Beijing opposes ‘bully’ US for 50% tariffs on India

Jasmin Rodriguez

The global trade landscape has entered another turbulent phase as Beijing strongly criticized Washington’s recent decision to impose steep tariffs on goods originating from India. The move, which applies a…

Trump backs down from 250% EU pharma tariff in deal

Economy

Trump forgoes 250% EU pharma tariff in successful deal

Jasmin Rodriguez

The possibility of a trade war between the United States and the European Union has been averted after former U.S. President Donald Trump agreed to drop plans for a massive…

Newsmax settles Dominion election defamation case for m

Economy

Dominion defamation case against Newsmax settled for $67m

Jasmin Rodriguez

Newsmax has resolved its legal dispute with Dominion Voting Systems by agreeing to a $67 million settlement, closing a chapter in one of the most high-profile defamation cases linked to…

Air Canada to resume flights after pay deal struck with union

Economy

Air Canada to restart flights as union pay dispute ends

Jasmin Rodriguez

Air Canada has come to an understanding with its unionized employees, concluding the ambiguity that encircled its ongoing labor disagreement and paving the way for flight operations to stabilize. The…

Qantas hit with record fine for illegal layoffs during pandemic

Economy

Qantas ordered to pay record fine for illegal layoffs in pandemic

Jasmin Rodriguez

The conclusion of a long-running legal dispute has resulted in a landmark decision, with a major airline facing a record-setting penalty for its actions during the pandemic. The ruling against…

Intel shares jump after report of possible US stake in chipmaker

Economy

Intel stock rises on possible US stake in chipmaker

Jasmin Rodriguez

Reports that the United States government may be considering an equity stake in Intel have led to a significant surge in the chipmaker's stock value. This development, if it were…

VW introduces monthly subscription to increase car power

Economy

VW offers subscription service to enhance car power monthly

Jasmin Rodriguez

Volkswagen has announced a fresh monthly subscription program that enables vehicle owners to increase horsepower as an additional option. This step edges the car manufacturer into a leading position within…

UK economic growth slows but beats forecasts

Economy

UK economic growth slows though beats analyst forecasts

Jasmin Rodriguez

The United Kingdom's economy experienced a notable slowdown in the second quarter of the year, although its performance exceeded the expectations of many financial experts. According to official data, the…

US wholesale prices jump in July as tariffs hit

Economy

Tariffs push US wholesale prices higher in July

Jasmin Rodriguez

Wholesale prices in the U.S. saw a significant increase in July, a movement that economists attribute largely to the effects of new tariffs. The surge in costs for producers, measured…