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Kubota North America fined $2 million for misleading "Made in USA" claims. (Photo: Kubota Corp.)

2 min read

Business Japan U.S.

Kubota North America fined $2 million for false claims

Post Date 01/29/2024

The U.S. Federal Trade Commission (FTC) has announced that tractor-maker Kubota North America will pay a $2 million civil penalty for falsely labeling some of [more…]

United Airlines has been engaged in discussions with Airbus to explore potential alternatives to its existing order for the MAX 10 aircraft. (Photo: United Airlines)

3 min read

Business France U.S.

United Airlines eyes Airbus A321 neo jets amid Boeing 737 MAX 10 delay

Post Date 01/28/2024

United Airlines has reportedly approached Airbus about purchasing additional A321neo jets to potentially fill a gap left by the delayed Boeing 737 MAX 10. This [more…]

SLB announced that it is recovering $560 million of the $1.015 billion owed by Pemex through a financial institution. (Photo: SLB)

2 min read

Business Mexico U.S.

Pemex debt recovery, SLB gets back $560 million of more than $1 billion owed

Post Date 01/25/2024

In a recent development, Schlumberger (SLB), the world’s largest oil services company, announced that it has successfully recovered $560 million of the $1.015 billion owed [more…]

Thanks to Europe's new Big Tech competition law, Spotify users in Europe can purchase audiobooks and subscription plans directly within the app starting in March. (Photo: Publish Drive)

2 min read

Business European Union Sweden U.K. U.S.

Spotify to offer audiobooks and subscriptions in Europe, bypassing Apple’s fees

Post Date 01/24/2024

Spotify announced on Wednesday that starting in March, its European users will be able to purchase audiobooks and subscription plans directly within the music-streaming app. [more…]

France's privacy watchdog announced that it fined Amazon's French warehouse business 32 million euros ($35 million) for employing an "excessively intrusive system" to monitor worker performance and activity. (Photo: Amazon France)

2 min read

Business European Union France U.S.

Amazon fined for intrusive worker monitoring in France

Post Date 01/24/2024

France’s privacy watchdog, CNIL, has wielded its authority, slapping Amazon’s French warehouse business with a hefty 32 million euro fine ($35 million) for what it [more…]

Netflix added over 13 million subscribers in the fourth quarter, surpassing expectations by a significant margin. (Photo: BlogTO)

2 min read

Business U.S.

Netflix surges as subscriber numbers soar and WWE deal announced

Post Date 01/23/2024

Shares of Netflix soared by 7% after the closing bell on Tuesday following the company’s announcement of a substantial increase in subscribers during the fourth [more…]

SK-II's sales in China declined due to Japan's release of treated water from Fukushima into the Pacific Ocean. (Photo: Consumer Goods)

2 min read

Business China Japan U.S.

Procter & Gamble’s SK-II brand hit by anti-Japanese sentiment in China

Post Date 01/23/2024

Procter & Gamble (P&G) faced a significant setback as its high-end SK-II skin-care brand experienced a sharp 34% decline in sales within the greater China [more…]

Jan. 22, 2024 - Sunoco and NuStar Energy agreed to an all-equity acquisition where Sunoco will acquire NuStar. (Photo: Sunoco)

2 min read

Business U.S.

Sunoco announces acquisition of NuStar in $7.3 billion energy deal

Post Date 01/22/2024

In a surprising turn of events, Sunoco LP and NuStar Energy L.P. have announced a definitive agreement that will see Sunoco acquiring NuStar in a [more…]

China's internet regulator is conducting a security review of Shein, as the company will need approval from both U.S. and Chinese agencies for its U.S. IPO. (Photo: NurPhoto | Getty Images)

3 min read

Business China U.S.

China’s Shein faces regulatory review ahead of U.S. IPO

Post Date 01/18/2024

China’s leading fast-fashion brand Shein is undergoing a comprehensive security review by China’s Cyberspace Administration (CAC) as it prepares for its much-anticipated initial public offering [more…]

Volkswagen, the German behemoth, is currently engaged in discussions with France's Blue Solutions, a company that is known for manufacturing solid-state batteries for Daimler electric buses. (Photo: European Auto News)

3 min read

Business France Germany U.S.

Volkswagen’s quest for EV batteries, exploring options beyond QuantumScape

Post Date 01/17/2024

Volkswagen has been at the forefront of the electric vehicle (EV) revolution, with ambitions to develop solid-state batteries that promise longer ranges and shorter charging [more…]