Taiwanese tech giant Foxconn announced an $80 million investment in Vietnam to enhance its production of integrated circuits. This investment aligns with Vietnam’s increasing importance as a production hub for global tech companies.
Foxconn’s $80 Million Investment in Vietnam for Circuit Production Read More »
At the UAE’s annual oil and gas summit, officials committed to expanding output, targeting production levels of 5 million barrels per day in the coming years. This decision underscores the UAE’s strategic focus on bolstering its role in global energy
UAE Plans to Increase Oil Production Amid Global Demand Concerns Read More »
DUBAI, United Arab Emirates — Iran’s supreme leader on Saturday threatened Israel and the U.S. with “a crushing response” over attacks on Iran and its allies. Ayatollah Ali Khamenei spoke as Iranian officials are increasingly threatening to launch yet another
BYD’s revenue jumped 24% as government subsidies give China’s car industry a boost The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla’s for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in
China’s BYD overtakes Tesla revenue for first time Read More »
At the Budget, Chancellor Rachel Reeves once again blamed the Conservatives for leaving a “£22bn black hole” in the public finances. A report from the Office for Budget Responsibility (OBR), which makes forecasts for the government, found there had been
Is there a £22bn ‘black hole’ in the UK’s public finances? Read More »
Elon Musk can continue to give away cash to registered voters – for now as a Pennsylvania state judge mulls the case. The Donald Trump supporter has, through his political group America PAC, been offering cash prizes to registered voters
Musk election cash giveaways can continue as judge mulls case Read More »
Several French families have initiated a lawsuit against TikTok, alleging that the platform failed to effectively moderate harmful content. TikTok faces mounting legal and regulatory scrutiny in Europe regarding content moderation practices.
French Families Sue TikTok over Harmful Content Read More »
A significant merger between telecom giants Vodacom and MTN was blocked by South African regulators. Industry analysts suggest that mergers could expand network reach and improve competition, but regulatory caution over monopolization has stalled these efforts.
Blocked Vodacom Merger Hinders South African Telco Market Read More »
Europe’s largest airline, Ryanair, reported an 18% decline in profit for the first half of 2024. This dip is attributed to weaker ticket prices, with fare reductions expected to ease slightly by December. The company hopes improved demand will stabilize
Ryanair’s Profit Drops by 18% Read More »
