Volvo is relocating the production of its Chinese-made electric vehicles to Belgium in anticipation of potential EU tariffs on Beijing-subsidized imports, thereby avoiding the need to halt sales of these EVs in Europe.
Archives
Norway's Sovereign Wealth Fund Vows to Vote Against Elon Musk's $56 Billion Tesla Pay Package
Norway’s $1.7 trillion sovereign wealth fund plans oppose Tesla CEO Elon Musk’s $56 billion pay package ahead of a shareholder vote next week.
Virgin Galactic to Commercialize Spaceplane Flights in 2026 After Successful Tourist Tour
Virgin Galactic flew four tourists to space and back in its second successful flight of the year as it prepared for commercial space travel in 2026.
Israel Upholds Al Jazeera Ban With 45 More Days Due to Security Threat
Israel extends Al Jazeera ban for an additional 45 days, citing security concerns, and could face further extension pending government justification by Aug. 8.
Tesla Postpones the Release of Refreshed Model Y as High Interest Rates Impact Sales
Elon Musk announced on social media that Tesla won't launch a refreshed Model Y this year, opting instead for continuous vehicle improvements.
Latest News
A freighter navigating Lake Superior collided with an underwater object, prompting emergency response efforts by the US Coast Guard.
A Disneyland employee has died from injuries sustained after falling from a moving golf cart in the backstage area of the theme park, authorities reported.
A Scottish woman has sued Netflix for at least $170 million, alleging she was defamed by her portrayal as a stalker in the mini-series ‘Baby Reindeer.’
Samsung workers in South Korea stage their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU) due to failed negotiations over pay and bonuses, impacting nearly a quarter of the company's workforce and coinciding with a strategic day off.
A US federal judge ruled on Friday (June 7) in an antitrust lawsuit brought by the US government against Google, shifting the case to a judge's decision instead of a jury trial, after Google reimbursed the full damages sought.
Virgin Galactic completed its second spaceflight of the year, ferrying four tourists to the edge of space and back.
Walmart opposes a new New York law requiring panic buttons for retail worker safety, citing concerns over potential false alarms, despite the legislation being passed by the state Senate and Assembly and awaiting the governor's signature.
Colombian President Gustavo Petro made an announcement on Saturday (June 8) regarding the suspension of coal exports to Israel due to the ongoing conflict in Gaza.
Donald Trump faces accusations of failing to pay a $381,630 legal bill owed to UK's former MI6 spy after losing a lawsuit regarding Kremlin sex tape allegations.
