Despite ongoing losses of over $1 billion, Rivian Automotive exceeded Wall Street's revenue and earnings estimates for Q2 2024 through cost-cutting measures.
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Chinese EV Makers Shift to Singapore as Charging Stations and Government Incentives Grow
Singapore is seeing a surge in Chinese electric vehicle brands like Zeekr and Xpeng as EV adoption ramps up by increasing charging ports and incentives.
UK Officials Warn Against Donating Eggs Just for the Money as HFEA Raise Donor Pay to £986
The UK's Human Fertilisation and Embryology Authority is raising egg donor compensation from £750 to £986 to address donor shortages, while urging that donations be motivated by altruism rather than financial gain.
Warner Bros Discovery Reports Nearly $10 Billion Loss as TV Assets Value Plummets
Warner Bros Discovery’s shares dropped 12% in premarket trading after announcing a $9.1 billion write-down and a $10 billion net loss, reflecting their ongoing struggles to keep up with other giant media.
New EU DORA Law Requires Banks to Strengthen IT Security and Manage Third-Party Risks by 2025
By January 2025, the EU's Digital Operational Resilience Act (DORA) will enforce stringent IT security standards for banks and their technology suppliers to boost cyber resilience and manage third-party risks.
Latest News
South African government and Eskom’s energy plan proved successful as the country has not experienced any power outages for the past four months, the longest period of stable electricity in over four years.
Recent Highway Loss Data Institute research shows that Hyundai and Kia's software upgrades have cut vehicle theft rates by 64% since February 2023.
Disney exceeded expectations in Q3 report, achieving its first profit from combined streaming services and reporting earnings per share of $1.39, despite challenges in its parks and experiences segment.
Are you looking for easy business ideas to generate supplemental income? Here are some things to inspire you.
Founder and CEO of Educology, Arlette Palacio, has created a solution that will not only increase job satisfaction but help minimize workplace turnover that costs businesses and the economy millions.
Yum Brands fell short of revenue expectations in the second quarter as Pizza Hut and KFC struggled with declining same-store sales, while Taco Bell saw a 5% increase.
Foreign acquisitions of Chinese pharmaceutical companies have raised national security concerns, as industry experts worry about the potential impact on China's healthcare sector and access to essential medicines.
New South Wales, Australia, has mandated that all public employees return to office work starting August 6, reversing remote work policies due to debate on its impact on staffing and business activity.
A US judge ruled that Google operates an illegal monopoly, controlling 90% of online searches and 95% of mobile searches, which may lead to a breakup of its parent company, Alphabet.
