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Landlords No Longer Allowed to Increase Rents by More Than 5% Under Biden's New Policy
President Biden proposes a 5% cap on annual rent increases for large landlords to address housing costs and stabilize rents amid inflation concerns.
Business Executives Divided Over Trump Picking JD Vance as VP Running Mate
Republican Party presidential candidate Donald Trump announced on the first day of the Republican National Convention Monday (July 15) that he has chosen first-term Ohio senator JD Vance as his vice-p
Bolivia Discovers 1.7 Trillion Cubic Meter Natural Gas Reserve, Promising $6.8 Billion to Its Economy
Bolivia's President, Luis Arce, announced the discovery of a massive natural gas field, Mayaya X-1, estimated to hold 1.7 trillion cubic meters of gas, offering a potential $6.8 billion market value t
Chinese EV Makers to Dominate 70% of Market by 2030 Despite EU and US Tariffs
Foreign carmakers in China face increasing challenges in the EV market. Chinese EV makers are expected to occupy 70% of the EV market by 2030 while facing increasing EU and US tariffs.
Macy’s Ends Buyout Deal with Arkhouse, Brigade After Talks Deteriorate
The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Toltramax: Transforming the Future of Companion Animal Health
The global pet care industry is ever-evolving, necessitating innovative and safe solutions for managing animal health. Toltramax, a pioneering brand of toltrazuril, is set to transform how veterinaria
Amazon Prime Day 2024 Projects $14 Billion Profit, Data Analytics Say
With Amazon’s Prime Day merely hours away, Adobe Analytics data is expecting that the retailer would receive a $14 billion paycheck.
UK's Electoral Commission Reveals Labour's Nearly Fivefold Donation Increase After Election Win
The UK’s Electoral Commission revealed that the Labour Party, which won a landslide victory in this month’s general election, received almost five times as much campaign donation money as the Conserva
Paris Olympics Collaborates With Alibaba's Energy Expert to Reduce Venue's Carbon Emissions
The upcoming Paris Olympics will be using Alibaba’s AI-powered Energy Expert tool to reduce venue emissions, supporting both the Games' sustainability goals and Alibaba’s carbon neutrality targets.
Fruit Ninja Makes Slashing Debut on Nex Playground
The motion-based gaming console Nex Playground announced that the famous Halfbrick game Fruit Ninja is coming to the platform.
Huawei Opens $1.4 Billion R&D Campus in Shanghai to Attract Foreign Talent
Huawei completes its $1.4 billion R&D center in Shanghai's Qingpu district to attract 30,000 foreign R&D talents and focus on semiconductor, wireless, and IoT technologies.
Apple's Market Value Hits $3.6 Trillion After AI Endorsement From Morgan Stanley
Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion.
Thailand Announces $13.8 Billion 'Digital Wallet' Stimulus Plan to Revive Economy
Thailand's Prime Minister Srettha Thavisin announced a $13.8 billion digital cash handout program, the "Digital Wallet," aiming to revive the economy by distributing $275 each to 50 million citizens t
Luxury Giant Burberry Suspends Dividend and Appoints New CEO as Shares Drop Sharply
Burberry faces leadership changes and a profit warning as sharp stock declines amid ongoing sales drops and forecasted financial losses.
Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.
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