Elon Musk: Tesla to Build New Battery Factory in Shanghai
Elon Musk's electric car maker Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able
Evergrande Delisted in Hong Kong After Debt-Driven Collapse
Chinese property giant Evergrande has been formally removed from the Hong Kong stock exchange, drawing a line under the dramatic downfall of what was once the country’s largest real estate
Long-Sealed MF Husain Masterpieces to Be Auctioned in Mumbai
Twenty-five rare paintings by modern Indian art icon MF Husain are set to go under the hammer today, June 12, in Mumbai - offering the public a first-ever glimpse of
MacKenzie Scott Sold Over $10 Billion Worth of Amazon Shares in 2023, Continues Philanthropic Efforts
MacKenzie Scott, the philanthropist and ex-wife of Amazon founder Jeff Bezos, has reportedly sold nearly 65.3 million Amazon shares in the past year, amounting to a value exceeding $10 billion,
Yum! Brands Considers Selling Pizza Hut Amid Declining U.S. Sales
Yum! Brands, the company behind KFC, Taco Bell and Pizza Hut, is weighing the possibility of selling Pizza Hut as the chain continues to face declining sales and mounting competition
eBay to Pay $3 Million After Former Employees Sent Live Insects and a Bloody Pig Mask to Harass a Couple
eBay has agreed to pay a $3 million criminal penalty in the wake of a harassment campaign orchestrated by former employees against a Massachusetts couple who ran a newsletter critical
Downing Street Labelled ‘the Most Lawbreaking Workplace in Britain’
In light of receiving more than 100 fines dished out to people working in Downing Street for Partygate breaches of Covid laws, Scotland Yard revealed today. In the first update in
Coca-Cola: Why the brand still dominates the beverage market
Coca-Cola's global brand marketing success comes as no gimmick for a brand that has been in existence for over a century. Coke brand is an industry leader and has utilized
An Author Says AI is ‘Writing’ Unauthorized Books Being Sold Under Her Name on Amazon
A startling revelation has come to light as author Jane Friedman has uncovered that books purportedly authored by her were being sold on Amazon, even though she had no involvement
McDonald’s Introduces $5 Value Meal to Tackle Inflation and Boost Sales
McDonald's has unveiled a new $5 value meal aimed at attracting customers amid rising inflation and sluggish sales. Starting June 25, the fast-food giant will offer the "$5 Meal Deal"
Monster Energy Is Paying $362 Million to Acquire This Key Competitor to Celsius Holdings
Celsius Holdings, known for its calorie-burning energy drinks, has often been dubbed a "baby Monster" in reference to its rival, Monster Beverage. However, with Celsius experiencing significant growth and stock
Johnson & Johnson Must Pay $18.8 Million to California Cancer Patient in Baby Powder Suit
On Tuesday, a California jury decided that Johnson & Johnson (J&J) must pay $18.8 million to Emory Hernandez Valadez, a 24-year-old man who claimed to have developed cancer from exposure
Adidas Signs $1.2 Billion Partnership With Manchester United
Manchester United and Adidas have sealed a groundbreaking deal, extending their apparel-sponsorship contract for an astonishing £900 million ($1.2 billion) over the next ten years. The partnership between the British
BMW Presents Electric AI Exhibition Featuring the i5 at Art Basel 2023
BMW recently unveiled an exhibit called "The Electric AI Canvas" at Art Basel. An extension of the "The Ultimate AI Masterpiece," it marks the first time the virtual work is
Nike, Ronaldo, Real Madrid Generate Highest Sponsorship Value
The NFL is the world’s richest sports league, with the pending sale of the Washington Commanders for $6 billion the latest example of its wealth. But when it comes to
Costco Brings Coca-Cola Back to Food Courts, Ending Decade-Long Pepsi Era
Costco is making a significant change at its food courts, bringing back Coca-Cola as its fountain soda provider and ending its decade-long partnership with Pepsi. The switch is set to
Sam Bankman-Fried Directed to Executives to Hide $8 Billion in Liabilities
Prosecutors of the Commodities Futures Trading Commission (CFTC) that filed a lawsuit against former billionaire Sam Bankman-Fried (SBF) have alleged that the crypto exchange's executives hid $8 billion in liabilities
Germany Blocks Another Big Business Deal with China
Germany has blocked the sale of a Volkswagen subsidiary to China on national security grounds, further straining the already tense relationship with its largest trading partner. In June 2023, MAN
Looking for a Side Hustle? This Company Will Pay You $100 an Hour to Watch TikTok for 10 Hours. No Cap
If you already spend hours scrolling through TikTok – let’s face it, who doesn’t? – then you might have just found your dream job. Influencer marketing agency Ubiquitous is looking
Netflix to Acquire Warner Bros Discovery’s Film and Streaming Units in Landmark $72bn Deal
Netflix has reached a $72bn (£54bn) agreement to purchase the film and streaming divisions of Warner Bros Discovery, marking one of the most consequential mergers in modern Hollywood. The streaming
