Industry

Shipping Industry Calls on UN to Protect Vessels, Seafarers Following Iran's Seizure of MSC Aries Container Ship

The shipping industry is urging the United Nations (UN) to take decisive action to protect merchant vessels and seafarers amid escalating attacks in the Middle East.


ASML's Potential Exit from the Netherlands: Dutch Minister Remains Optimistic About Company's Future

The Dutch Finance Minister expressed confidence in ASML's commitment to remain in the Netherlands despite the company's previous threats...

EU Slams Meta's 'Privacy for Cash' Model, Says SocMed Platforms Should Provide Free Option Without Targeted Ads

EU privacy watchdog suggested that Meta platforms and other major online platforms should provide users with the choice to use their services for free, without the inclusion of targeted advertising...

Joe Biden Moves to Triple Tariffs on Chinese Steel and Aluminum to Protect US Industries Against China's Unfair Practices

President Joe Biden has proposed a tripling of the existing tariff rate on some steel and aluminum imports from China...


Latest News

Apple to Open New Retail Store in Canada's Second Largest Mall
Apple will soon open a new retail store at Square One Shopping Centre in Ontario, Canada.
Elon Musk's Tesla Eyes Southeast Asia Expansion as China's BYD Pulls Ahead
Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.
General Motors Appoints Ex-Tesla, Google Exec as New Head of Manufacturing
General Motors appoints an ex-Tesla and Google executive to be the new head of manufacturing.
Berkshire Hathaway's Brooks Running Longtime CEO Jim Weber Is Stepping Down After More Than 20 Years
After more than two decades, Jim Weber, the longtime CEO of Berkshire Hathaway's Brooks Running Company, is stepping down.
Microsoft Collaborates With Healthcare Institutions To Apply And Improve AI Solutions in Medicine
Microsoft collaborates with Stanford Medicine to introduce Nuance Dragon Ambient eXperience Copilot (DAX Copilot), an AI tool that simplifies paperwork for doctors and improves patient care, addressin
Retail Giants Like T.J. Maxx Report Multiple Theft Cases From Organized Crime Rings
Retail giants face a growing threat from sophisticated organized crime rings, exemplified by a San Diego businesswoman's lucrative scheme involving stolen cosmetics sold on Amazon, prompting heightene
Russia's Sokol Crude Backlog Near Clearing as China Emerges as Key Importer
Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.
UniCredit Increases Bonus Pool to $140 Million for Top Executives After Record Profits
The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.
Southwest and United Airlines Heavily Affected By Boeing Delivery Delays
Southwest Airlines adjusts its 2024 operational and financial plans with revised revenue growth forecasts, while United Airlines also halts pilot hiring amidst industry-wide concerns over Boeing's qua
Tesla Autopilot Feature Flagged As Concerning By Safety Groups
The Insurance Institute for Highway Safety (IIHS) recently assessed advanced driver assistance systems like Tesla Autopilot, with 11 out of 14 systems receiving a "poor" rating, prompting the need for
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