Lucid Group Inc. has recently made the decision to reduce its workforce by 400 employees by the end of the year.
Sectors
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.
Emirates Chief Says Singapore Airlines Turbulence Incident a 'Lesson' to Aviation Industry
Emirates president Tim Clark said that the recent turbulence incident involving a Singapore Airlines Boeing 777-300ER flying from London to Singapore served as a lesson for the aviation industry as a whole.
Latest News
The government of the Maldives announced that it would ban Israeli passport holders from the country in response to the continuing war Israel is waging on Gaza.
Former US president Donald Trump joined TikTok in a surprise move, with his first video post being his attendance on UFC 302.
Trend Micro partners with Nvidia to develop advanced AI cybersecurity tools to protect AI-driven data centers against intrusions and ensure data confidentiality.
Nvidia leads the AI chip market with a 70%-95% market share and a $2.7 trillion market cap but faces rising competition from Intel, AMD, and others developing their own AI processors.
Aramco's share sale drew overwhelming demand within hours, potentially raising up to $13.1 billion, attracting global investor interest in Saudi assets.
Many Americans will benefit from reduced inhaler costs as AstraZeneca and Boehringer Ingelheim implement new out-of-pocket price caps of $35 per month, reflecting a move towards more affordable asthma medication following years of public concern over high prices.
Boeing's inaugural astronaut flight faced another setback as last-minute computer trouble prompted a launch delay.
Google admitted that its new AI Overviews tool needs improvement after producing some odd and potentially dangerous search results, despite extensive testing prior to its recent launch.
Ticketmaster owner Live Nation confirmed that hackers stole personal details of 560 million customers, demanding a $500,000 ransom to prevent the data from being sold.
