Industry

Toyota

Toyota Issues Apology as Safety Test Scandal Persists: ‘We Are Not a Perfect Company’

In response to the safety test controversy, Toyota Chairman Akio Toyoda apologized while bowing before reporters.


OPEC+ Prolongs Most of Its Deep Oil Output Cuts Until 2025

OPEC+ has decided to prolong most of its extensive oil production cuts until 2025. OPEC+ has decided to prolong most of its extensive oil production cuts until 2025.

Nvidia Unveils Next-Gen AI Chip 'Rubin' Ahead of Computex Tech Conference in Taipei

Nvidia introduced its latest AI chip platform, "Rubin," on the eve of the Computex technology conference in Taiwan.

Shein to File 50 Billion Pound London IPO Prospectus as Early as This Week: Report

Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.


Latest News

Riyadh Air to Announce Partnership Deal with Major ASEAN Airline This Week
Several people anonymously told Bloomberg that Riyadh Air would be announcing an agreement with a major Southeast Asian carrier in the coming days.
Atlas Air Ends Cargo Partnership With Amazon to Focus on International Customers Like Shein, Temu
Atlas Air Worldwide will stop flying freighter aircraft for Amazon's domestic parcel network by mid-2025.
'Wordle' Owner, the New York Times, Sued Creator of Geography Guessing Game 'Worldle'
The New York Times, owner of the web-based word game Wordle, has taken legal action against the creator of the location-guessing game Worldle.
Anchor Brewing: San Francisco's Iconic Beer Company Is Being Resurrected by Billionaire Chobani Founder
San Francisco's beloved Anchor Brewing Company, which closed down last summer after 127 years in business, is being revived after billionaire Hamdi Ulukaya purchased it.
US Crude Oil Refiners to Boost Fuel Output Beyond 90% Capacity for Summer
US crude oil refiners are reportedly preparing to increase their operations above 90% capacity following the completion of planned maintenance.
Live Nation Confirms Massive Ticketmaster Data Breach, Exposing Millions of Customers' Personal Information
Live Nation has revealed that its ticketing subsidiary, Ticketmaster, has suffered a massive data breach.
Pfizer Expects Lung Cancer Drug Lorbrena to Hit Over $1 Billion in Sales After Exceptional 5-Year Data
Pfizer has announced that its cancer drug, Lorbrena, is projected to generate over $1 billion in annual sales by 2030.
TAIWAN-TECHNOLOGY-FOXCONN-NVIDIA
Nvidia is poised to overtake Apple as the world's second-most valuable company. The logo of Nvidia is seen during the Hon Hai Tech Day in Taipei on October 18, 2023.
US Reportedly Close to Finalizing Deal With Moderna to Fund Its Bird Flu Vaccine Trial
The US government is reportedly in the final stages of negotiations to fund a late-stage trial of Moderna's mRNA bird flu vaccine amid the outbreak spreading in dairy cows.
Boeing Firefighters Approve New Contract Deal With Big Pay Hikes, Ending Weeks-Long Lockout
Boeing firefighters approved a new four-year contract deal on Thursday, ending a lockout that had persisted for weeks.
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