AutomobileWaymo recalls over 1200 self-driving vehicles over software issues
The company confirms 16 incidents between 2022 and late 2024, where vehicles collided with chains, gates, and other barriers
May 14, 2025
Monitoring Report
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Automobile
AutomobileXiaomi faces declining SU7 orders amid consumer backlash
Company’s momentum falters in recent weeks after a fatal accident involving the SU7, which is still under investigation
May 14, 2025
World Business NewsOPEC revises down 2025 forecast for non-OPEC+ oil supply growth
Supply from non-OPEC+ countries is now expected to rise by 800,000 bpd in 2025, easing market balancing for OPEC+
May 14, 2025
AutomobileBYD overtakes Toyota in Singapore vehicle sales
BYD sells 3,002 cars in the first four months of 2025, capturing 20% of Singapore's vehicle sales, while Toyota sells 2,050
May 14, 2025
World Business NewsColombia joins China’s Belt and Road Initiative
Colombian Foreign Minister Laura Sarabia describes the move as the country’s “boldest step in decades”
May 14, 2025
EconomyBarron’s calls it a ‘macroeconomic miracle’ as Pakistan attracts global investor interest
US publication highlights Pakistan’s rapid recovery, Eurobond valuations double, and the PSX rallies, despite persistent structural challenges
May 14, 2025
HeadlinesPIA posts first annual profit since 2003, resumes EU flights after long hiatus
Airline operating profitably since March 2024; Government eyes further expansion in Middle East and Europe
May 14, 2025
AutomobileGlobal EV sales rise 29% in April, led by China and Europe
China records a 32% year-on-year increase with 0.9 million vehicles sold, while Europe sees a 35% jump to 0.3 million units
May 14, 2025
World Business NewsSouth Korea announces $3.25 bln support package for SMEs hit by U.S. tariffs
The measures include financing support, logistics cost subsidies, and policies to help SMEs expand exports
May 14, 2025
TechNvidia CEO’s net worth soars to $120 billion after Nvidia’s Saudi AI chip deal
Nvidia’s market value soared to $3 trillion after securing a major deal to supply hundreds of thousands of advanced AI chips to Saudi Arabia
May 14, 2025
TechAI push prompts Microsoft to slash 6,000 jobs globally
The job cuts, spanning all levels and regions, are the largest since Microsoft laid off 10,000 employees in 2023
May 14, 2025
TechNvidia, AMD, Qualcomm secure AI deals with Saudi-backed Humain
Humain will operate under the Public Investment Fund and provide AI services, including data centers, cloud platforms, and AI models
May 14, 2025