Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US.
Articles by Trisha Andrada
Latest News
WestJet and its maintenance engineer union have agreed tentative deal, averting a work stoppage. A Westjet Boeing 737-800 taxies at Pearson Airport in Toronto, Ontario, on May 16, 2022.
Chinese fintech firm Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
A passenger on a March United Airlines flight from London to Newark was fined $20,638 for his aggressive behavior.
Rivian received $827 million in Illinois subsidies to support producing its upcoming SUV. A Rivian electric pickup truck sits in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.
Uber is facing a multi-million-pound lawsuit filed by nearly 11,000 black cab drivers in London, England.
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.
A new rule banning hidden service fees may oblige some California restaurants to remove them from customers' bills.
Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies.
UnitedHealth Group CEO Andrew Witty said the business paid a $22 million ransom to hackers who penetrated Change Healthcare system.
Americans' earnings rose more than expected at the start of the year, indicating persistent inflation.
US limited consumer usage of methylene chloride after it was linked to many deaths since 1980. A very dangerous chemical used to restore damaged furniture and strip paint has been associated with dozens of fatalities since 1980, prompting the Environmental Protection Agency (EPA) to restrict its use among consumers.
Walmart launches Bettergoods, its largest store-label food brand in 20 years, to target budget-conscious shoppers.
Qantas addressed data privacy issues after fixing an app issue that gave users access to others' sensitive data and accounts.
Illinois cannabis company owners are applauding the federal government's expected categorization of marijuana as a medication with therapeutic advantages and decreased abuse.
California Governor Gavin Newsom stated all electric car models may now utilize the state's Tesla charging station network.
Samsung Electronics' first-quarter operating profit was 10 times greater than the year before as its flagship memory chip division improved.
The Biden administration wants all new cars and trucks to have automated emergency braking by 2029. (Photo : Mark Chan on Unsplash) The Biden administration is aiming to include automatic emergency braking technology into all new vehicles and trucks by 2029 as part of their pedestrian-collision avoidance systems.
Former Morgan Stanley Exec Travis Machen Now Leads Global Banking and Markets Business of Scotiabank
Scotiabank's global banking and markets sector will be led by Travis Machen, previously of Morgan Stanley.
Australia's low-cost airline Bonza suspended all flights on Tuesday, April 30, to assess its business plan.
In US stores where influenza from birds has been discovered in dairy cows, the federal authorities is requesting ground beef samples for testing.
The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market.
Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.
The Minneapolis City Council imposed a minimum retail price of $15 a pack on cigarettes to improve public health.
Tesla's former executive Drew Baglino, who resigned last week, sold shares for $181.5 million, according to an SEC filing.
Walgreens Boots Alliance Inc. is opening a new pharmacy offering cell and gene therapies for patients with cancer, cystic fibrosis, and Crohn's disease.
Toyota has partnered with Tencent to attract younger drivers in China. Japanese automaker Toyota has announced a partnership with Tencent, a Chinese social media and gaming giant, as it tries to appeal to the tech-savvy younger demographic.
Binance founder and former CEO Changpeng Zhao has publicly apologized for his past actions and "poor decisions" ahead of his sentencing.