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Motability Sets Homegrown Vehicle Goal, Removes Premium Brands

The Motability scheme is implementing a far-reaching strategy change that will fundamentally reshape its vehicle procurement approach. Premium automobiles from manufacturers such as BMW and Mercedes-Benz will disappear from the program's offerings, while a new target aims for half of all vehicles to come...
Business

A Billion People Saved: China’s Poverty Feat Redefines Global Development Benchmarks

China's transformation in the last three decades is a historic achievement, having saved nearly a billion people from extreme poverty ($3 a day or less) and effectively resetting global development benchmarks. The shift from 1990 to 2019 is one of the largest poverty-reduction successes...

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Business

Caution Tape: White House Wraps Trade Strategy in Red Tape on Chip Tariffs

The implementation of the aggressive semiconductor tariffs, a major trade policy from the Trump...
Business

US Bike and Canner Firms Allege “Unfair” Foreign Competition in Tariff Push

Alleging "unfair" foreign competition, American firms like Guardian Bikes and Red Gold canning are...
Business

Apple’s $1B ‘Private Cloud’ Deal with Google for Siri’s AI

Apple has struck a $1 billion-a-year deal to use Google's 1.2 trillion parameter Gemini...
Business

Tesla Board’s “Essential” Pay Deal for Musk Rebuffed by $17bn Investor

Tesla's board has labeled Elon Musk's $1 trillion pay package "essential" for retaining him,...
Business

The Great “Muddle”: China’s Refiners Paralyzed by Uncertainty

A great "muddle" has paralyzed Chinese refiners, the world's most important oil buyers. This...
Business

AWS Achieves $33B Milestone: Amazon’s Cloud Success Story Marred by Infrastructure Crisis

Amazon's cloud computing division has achieved exceptional quarterly results, posting $33 billion in revenue...
Business

AI “Gold Rush”: Nvidia Sells $5T in Shovels, But Is There Any Gold?

The AI revolution is being called a "gold rush," and Nvidia has unequivocally become...
Business

Trump and Xi: “A Lot to Talk About” as Trade War Heats Up

President Donald Trump has signaled a full and complex agenda for his meeting with...
Business

Elon Musk Worries ‘Robot Army’ Ouster, Pleads for $1 Trillion

Elon Musk's fears of being ousted after "building a robot army" dominated his fiery,...
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Us-Canada trade talks ‘terminated’ over 1987 reagan clip

US-Canada trade talks have been "terminated" by president Donald Trump over a dispute involving...
Business

GM’s Positive Momentum Builds on Trade Policy and Sales Strength

Positive momentum is building at General Motors based on favorable trade policy and sales...
Business

Economic Health Concerns Mount as Bank Woes Rattle Markets

Concerns over the underlying health of the economy mounted as new woes at US...
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Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a...
Business

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a...
Business

Global aviation organisation ICAO rejects Spicejet’s audit story

New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after...
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US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology,...

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