Industry

US Plans to Buy Up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve

US Plans to Buy Up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve

The US Energy Department plans to buy up to 4.5 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR).


Tesla Increases Model 3 Prices in Europe Over China EV Tariffs

Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.

Elon Musk's Neuralink Says Tiny Wires in First Human Patient's Brain Chip Now Stable

Elon Musk's Neuralink has announced that the tiny wires in the brain chip implanted in its first trial participant are now stable.

US Sanctions Are Compromising Russian Imports of Chinese Cars

US sanctions have created obstacles for Russian imports of Chinese cars. US sanctions have created obstacles for Russian imports of Chinese cars, which have been crucial for the domestic market in recent years.


Latest News

UK Economy Grows 0.4% in May: Official Statistics
The United Kingdom’s Office of National Statistics released the latest economic figures, which revealed that the country’s economy grew by 0.4% in May.
China's BYD Plans to Construct $1 Billion EV Factory in Turkey
China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.
Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
Anonymous Messaging App NGL Banned From Serving Minor Users Following FTC Directive
The Federal Trade Commission (FTC) took a historic step by prohibiting the online messaging platform NGL from catering to users younger than 18.
Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance.
Elon Musk's Starlink to Enter Telecoms Market of Sri Lanka After Changing Decades-Old Law
Sri Lanka has approved changes to its telecommunications law to allow Elon Musk's Starlink to establish operations in the South Asian nation.
Walt Disney Expands Cruise Business With the Introduction of New Ship in Tokyo
Walt Disney and Japan's Oriental Land Company have announced plans to introduce a new Disney cruise ship.
Oil Companies in Texas Pursuing to Restore Operations After Hurricane Beryl
Oil and gas companies in Texas began resuming business operations on Tuesday after Hurricane Beryl battered the state.
Texas Energy Industry Evaluates Hurricane Beryl's Damages to Shipping Ports, Production
The Texas energy industry is assessing the damage from Hurricane Beryl after the storm struck the US Gulf Coast.
Citi to End Operations in Haiti After 50 Years
Citi has decided to end its operations in Haiti, concluding more than 50 years of presence in the country.
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