General Motors has announced it will take a further $6bn hit to its earnings after scaling back its electric vehicle (EV) strategy, adding to a $1.6bn charge disclosed in October.

Spotify has achieved a milestone by paying a record $10 billion to the music industry in 2024, marking the highest annual payout from a single retailer. This represents a significant

Adidas could snap up the boss of crosstown rival Puma to succeed outgoing CEO Kasper Rorsted. As reported by CNN, the sportswear company said Friday that it’s in talks with

Wendy’s will continue trimming its U.S. footprint through the first half of 2026, with the company confirming plans to close between 5% and 6% of its restaurants as part of

Battery maker Duracell has filed a lawsuit against its longtime rival Energizer, accusing the company of misleading consumers with false claims about battery performance in a new advertising campaign. The

Theft claims for select Hyundai and Kia models have skyrocketed by more than 1,000% since 2020, a staggering increase linked to social media posts disseminating theft techniques. According to data

PepsiCo has announced its acquisition of Poppi, the rapidly growing prebiotic soda brand, in a $1.65 billion deal, further solidifying its push into the health-conscious beverage market. The move aligns

Wipro, one of India's leading software services providers, has unveiled its ambitious plan to equip its entire workforce with artificial intelligence (AI) skills. The company announced on Wednesday that it

Porsche Retail Group's Porsche Centre Reading dealership has been re-developed as the UK’s first Destination Porsche location, meeting a new corporate identity for the sports car brand. The new concept

A long-forgotten box in a California attic has produced the most valuable comic book ever sold. A pristine copy of Superman #1, discovered by three brothers while clearing out their

On October 13, 2024, SpaceX's Starship rocket made headlines worldwide with its dramatic flight, marking a pivotal moment in the space race. The rocket, hailed as the most powerful and

Nearly four decades after the launch of its best-selling “Cool Ranch” flavor, Doritos is banking on “Golden Sriracha” to become its next big hit. The PepsiCo-owned brand has added the

Warren Buffett’s Berkshire Hathaway has made notable moves in its investment portfolio for the second quarter, acquiring significant stakes in Ulta Beauty and aircraft parts manufacturer Heico, while significantly reducing

Samsung's executive chairman Lee Jae-yong has been cleared of all fraud allegations by South Korea’s Supreme Court, bringing an end to a high-stakes legal battle that has spanned nearly a

American businessman and Tesla boss, Elon Musk has sold another 7.92 million shares in the electric car maker, worth around $6.88bn (£5.7bn), as reported by BBC. The sales took place

Elon Musk, alongside Indonesian Health Minister Budi Gunadi Sadikin, has officially launched SpaceX’s satellite internet service, Starlink, in Indonesia. The initiative aims to enhance internet access in the nation’s remote

Twitter is being sued by the Crown Estate over alleged unpaid rent for their London headquarters. As reported by BBC, the Estate - which oversees a property portfolio belonging to

Starbucks is bringing the popular Pumpkin Spice Latte (PSL) back to its U.S. menus earlier than ever, starting this Thursday. The fan-favourite fall beverage is returning two days ahead of

In the bustling Sheephaven Bay pub, tucked just behind London’s Camden High Street, Guinness is no longer just a drink – it’s a cultural phenomenon. For owner Pat Logue, the

Adidas has launched a new commercial as part of its ongoing campaign to alleviate negative pressure in sports, just in time for a busy summer of soccer. Released today, May