BASF announces additional 1 billion Euro cost-cutting plan
BASF, the German chemicals giant, is tightening its belt once again, announcing plans to slash an additional 1 billion euros in annual costs at its [more…]
Author: A.R.
Carvana drives past expectations, slashes debt and posts first annual profit
Carvana went into overdrive on Friday, shares surging nearly 40% after the online used-car retailer hit a major milestone, posting its first annual profit. This [more…]
Xiaomi unveils photography powerhouse – the Xiaomi 14 Ultra
Xiaomi is stepping up its game in the smartphone arena with the launch of its latest flagship, the Xiaomi 14 Ultra. This new addition to [more…]
FalconX eyes Hong Kong market, set to offer OTC brokerage and crypto derivatives services
Digital asset brokerage firm FalconX has set its sights on Hong Kong as it expands its services to meet the rising institutional demand for crypto [more…]
Intuitive Machines’ robotic spacecraft enters lunar orbit, poised for historic moon landing in 50 years
A thrilling space odyssey is unfolding as a robotic spacecraft, crafted by Intuitive Machines, has ventured into lunar orbit, primed for a historic landing scheduled [more…]
Trip.com’s profits soar as China’s travel industry roars back
In a resounding testament to the resilience of China’s travel industry, Trip.com Group has reported a stellar performance in the fourth quarter of 2023, with [more…]
AT&T outage disrupts services across U.S., Verizon and T-Mobile users also affected
Early Thursday morning, thousands of AT&T users in the United States found themselves disconnected, facing disruptions to calls, texts, and even emergency services in major [more…]
Nvidia’s meteoric rise continues, shares soar on stellar earnings
In a stunning display of strength, Nvidia’s shares surged over 14% in premarket trade following the release of its fiscal fourth-quarter earnings report, which exceeded [more…]
Venezuelan PDVSA bonds plunge as New York court rules on validity
In a turn of events, Venezuelan PDVSA bonds have taken a nosedive following a New York court ruling that their validity must be determined by [more…]
Uber Eats teams up with Mitsubishi Electric and Cartken to launch food delivery robots in Japan
Uber Eats, known for its speedy delivery of restaurant meals, is taking its services in Japan to a whole new level—by employing self-driving robots. Teaming [more…]