Oil slides 5% after limited Israeli retaliatory attack on Iran
Brent futures down $4.13, or 5.43%, at $71.92 a barrel
Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny
Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new,...
Meta builds AI search engine to cut Google, Bing reliance, the Information reports
Meta Platforms is working on an artificial intelligence-based search engine as it looks to reduce dependence on Alphabet's Google and Microsoft's Bing, the...
Apple iPhone 16 sales blocked due to local parts rule
JAKARTA: Tech giant Apple Inc will not be allowed to sell its iPhone 16 smartphones in Indonesia because they have not met...
Jeff Bezos blocks Washington Post’s presidential endorsement
Jeff Bezos, owner of The Washington Post, sparked debate by directing the paper to forego endorsing a presidential candidate in the 2024...
Did Elon Musk start his U.S. career illegally?
At a recent event in Pennsylvania, President Joe Biden drew attention to Elon Musk’s immigration history, citing a Washington Post report that...
German politicians should leave differences aside, DSGV president says
Politicians within Germany's three-way coalition government should put their differences aside to address the country's stagnating growth, the president of the German...
Yen at 3-month low with Japanese election adding economic concerns
The Japanese yen fell to a three-month low against the U.S. dollar on Monday, reflecting market concerns over political shifts and economic...
Korea Zinc acquires 9.85% stake with $1.5 billion buyback
Korea Zinc, embroiled in a high-stakes control struggle, announced on Monday that it has acquired 9.85% of its shares through a $1.5...
Philips lowers sales expectations due to China’s economic slump
Philips has lowered its full-year sales forecast, citing a sharp decline in demand in China, which has been impacted by reduced consumer...
European central cank chief urges patience in rate decisions
European Central Bank (ECB) policymaker Pierre Wunsch recently advocated for a balanced, data-driven approach to rate cuts, emphasizing that fiscal stability and...
China again warns EU against separate talks with EV makers
BEIJING - China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in...
Oil falls 4% as Israel’s targeted strikes avoid Iran’s energy sites
Oil prices experienced a significant drop of more than 4% early Monday after Israeli airstrikes on Iran over the weekend avoided targeting...
Alibaba to pay $433.5m to settle lawsuit
BENGALURU: China's Alibaba Group Holding Limited said on Friday that it had agreed to pay $433.5 million to settle a US class-action...
Nvidia overtakes Apple as most valuable
SAN FRANSISCO: Nvidia dethroned Apple as the world's most valuable company on Friday following a record-setting rally in the stock, powered by...