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Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure

Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure

Stellantis is expected to announce the production of a hybrid version of its 500e electric vehicle at the Mirafiori plant in Turin, Italy, in response to union demands and to address declining EV sales and government criticism.


Elon Musk's xAI Valued at $24 Billion After Securing New Funding to Compete Against OpenAI

Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.

Indonesia Probes Shopee, Lazada Over Suspected Anti-Competition Violations

Indonesia's anti-trust agency is investigating the local operations of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition regulations.

Sunscreen Critical as Skin Cancer Cases Predicted to Surge to 20,800 This Year

Cancer Research UK reports a nearly 30% increase in skin cancer rates over the past decade, urging the use of high-factor sunscreen, shade, and protective clothing, especially with the expected 20,800 cases this summer and a 57% rise among those over 80.


Latest News

Elon Musk Plans to Build xAI Supercomputer Dubbed 'Gigafactory of Compute'
Elon Musk is reportedly planning to launch a supercomputer for his artificial intelligence company, xAI.
David Beckham
David Beckham is the global brand ambassador for AliExpress as the e-commerce platform tries to expand internationally.
Texas Daily Power Consumption Hits All-Time High for May Amid Heat Wave
Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave. Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave.
Another Donald Trump Win Would Be More Disruptive for Bond Markets, Bill Gross Says
Renowned bond investor Bill Gross believes the bond market would suffer more under a second Donald Trump term.
China’s ‘Big Fund’ Launches 3rd Local Chip Industry Funding Worth $47.5 Billion
China launched the third phase of its ‘Big Fund’ program supporting local semiconductor manufacturers with an estimated value of $47.5 billion.
Benetton
Benetton Group co-founder Luciano Benetton announced his resignation as chairman. Luciano Benetton, a billionaire entrepreneur and co-founder of the Benetton Group, announced his intention to resign as chairman of the Italian fashion brand.
Aramco
Saudi Arabia might be selling Aramco shares for $10 billion as early as June. A picture taken on September 15, 2019 shows an Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh.
YouTubers, Gamers Criticize Take-Two for Kerbal Space Program 2 Failure
A YouTube channel called ShadowZone recently uploaded a video highlighting the history of Kerbal Space Program 2’s development and why it eventually failed.
China Evergrande New Energy Vehicle Group's stock price doubled when trading restarted on Monday, May 27.
American Airlines
A new legal team represents American Airlines after the previous one accused a 9-year-old girl for missing a concealed camera phone in the lavatory.
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