Industry

Russia Set to Raise Taxes on Wealthy, Big Corporations to Fund Ukraine War

Russia Set to Raise Taxes on Wealthy, Big Corporations to Fund Ukraine War

The finance ministry of Russia has proposed implementing new tax rates for high-income earners and specific industries starting in 2025.


Trump Media Asks Louisiana to Investigate 'Anomalies' Surrounding the Trading of Its Shares

Trump Media and Technology Group (TMTG), the owner of former President Donald Trump's social media platform Truth Social, has called on Louisiana's financial regulator to investigate alleged irregularities in its share trading.

Elon Musk Tries to Woo Tesla Shareholders With Factory Tours as He Seeks Support for His $56 Billion Pay Package

Elon Musk is offering Tesla shareholders a tour of the company's Texas factory next month as he seeks support for his $56 billion compensation package.

US Eases Some Financial Restrictions on Cuba to Boost Small Businesses on the Communist-Run Island

The US Treasury Department announced on Tuesday new regulations designed to support Cuba's growing private sector and enhance the country's access to US internet services.


Latest News

Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance
The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.
Toyota Set to End Massive Sponsorship Deal With International Olympic Committee: Report
Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).
China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden
China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.
Canon's Photos That Blind People Can See To Be Showcased in Africa—How Is This Possible?
Canon's photos that blind people can see will soon be showcased in Africa. Here's how the camera maker made it possible.
Iran Approves Plan to Boost Oil Output to 4 Million Barrels per Day: Report
Iran plans to boost its oil production to four million barrels per day. Iran plans to boost its oil production to four million barrels per day. Iran Approves Plan to Increase Its Oil Production The country's Tasnim news agency said Sunday that an economic council headed by Iran's interim president Mohammad Mokhber approved this increase in its oil output.
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.
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.
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.
Samsung Plans Using Own Exynos Chips for Galaxy Smartphones as Part of Cost-Cutting Effort
Chinese Premier Li Qiang welcomed Samsung's investment in China before a historic summit involving South Korea and Japan.
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