Sectors
Elon Musk Distances Tesla from Biden's 100% Tariff on Chinese EVs, Claims Company's Competitive Edge Without Incentives
Elon Musk stated that neither he nor Tesla were involved in President Joe Biden's decision to implement a 100% tariff on Chinese electric vehicles.
Samsung's HBM Chips Face Setbacks in Nvidia's AI Processors Due to Heat Issues
Samsung's latest high bandwidth memory chips have failed Nvidia's AI processor tests due to heat and power consumption issues, affecting both current HBM3 and upcoming HBM3E models.
HSBC Fined $8.5M For Mishandling Finances of 1.5 Million Customers
HSBC faces an $8.6 million penalty for mishandling customers in financial difficulty. The Financial Conduct Authority revealed the bank's failure to consider circumstances, endangering 1.5 million individuals.
Aldi Supermarket to Lower Prices on 250 Grocery Items for this Summer Due to Inflation
CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like Walmart and Target.