Industry

Tesla, Nissan, GM and Other EV Models Lose US Tax Credits

Tesla, Nissan, GM and Other EV Models Lose US Tax Credits

Several electric vehicle (EV) models, including the Nissan Leaf, Chevrolet Blazer EV, Tesla Cybertruck All-Wheel Drive, and some Tesla Model 3s, are no longer eligible for tax credits of up to $7,500.


Russia's Manufacturing Sector Grows Fastest in 7 Years in December

Activity in Russia's manufacturing industry scaled up at its fastest pace in almost seven years in December, according to a business survey.

Drugmakers, Including Pfizer and Sanofi, Set to Raise US Prices on at Least 500 Drugs in January

Several major drug companies, including Pfizer, Sanofi, and Takeda Pharmaceutical, are gearing up to implement price hikes on over 500 drugs in the United States in early January.

Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls

US semiconductor giant Nvidia plans to introduce a slower version of its gaming processor in China to comply with US export restrictions.


Latest News

India Set to Block 9 Global Crypto Platforms, Including Binance and Kraken
India has identified nine global cryptocurrency exchanges, including Binance, Kraken, Kucoin, and Mexc, operating "illegally" in the country.
Joe Biden's Medicare Drug Price Negotiations Under the Inflation Reduction Act to Face Major Tests in 2024
President Joe Biden's program under the Inflation Reduction Act of 2022, allowing Medicare to negotiate drug prices directly with manufacturers, will face major tests in 2024.
Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
Tesla Robot Attacked a Giga Texas Factory Worker, And Here's How Elon Musk Reacted to the Report
A factory worker at the Tesla Giga Texas facility was reportedly attacked by a robot, which pushed its claws into his body.
Online Retailer Zulily Is Closing Down, Laying Off Hundreds of Workers
US-based online retailer Zulily has announced its closure, surprising its customers and hundreds of employees who will be laid off.
Russia's Sokol Oil Delivery to India Faces Delay: Here's Why
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay. The delivery of Russia's Sokol crude oil to the Indian Oil Corp (IOC) has reportedly faced a setback due to payment issues, causing shipment delays.
2 Cities in China Halt Heavy Industries to Combat Pollution
Two cities in northwestern China have implemented preventive measures to address an anticipated heavy pollution surge in the coming days.
US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve
The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.
Mexico Launches Army-Run Airline Mexicana, Takes off With First Flight to Resort of Tulum
Mexico launched its army-run airline on Tuesday when the new Mexicana de Aviacion airline's first flight took off from Mexico City.
'The Color Purple' Sets a New Box Office Record as the Second-Highest Christmas Debut of All Time
Warner Bros. Discovery's latest film, "The Color Purple," has outperformed expectations after earning the second-highest Christmas Day opening of all time.
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