Volkswagen Group (VW) has increased its investment in a strategic partnership with electric vehicle (EV) maker Rivian, launching a joint venture worth $5.8 billion. This new deal, which builds on

Tesla is experiencing a sharp decline in sales, stock performance, and brand reputation, raising concerns among investors and analysts. However, its CEO, Elon Musk, appears to be focused elsewhere, leaving

ByteDance, the Chinese tech giant renowned for its ownership of TikTok, is making a strategic shift away from the gaming industry, resulting in a significant reduction of its workforce. The

In the midst of China's deepening property market challenges, Zhongzhi Enterprise Group, a significant player in the country's $3 trillion shadow banking sector, has filed for bankruptcy liquidation. The move

Despite economic challenges, Nigerians are trooping to bus stations and airports to journey to their hometowns for the Christmas and New Year celebrations. However, this year’s festive travels are marked

In honour of Far Cry's illustrious 20-year history as one of gaming's premier open-world shooters, PlayStation has unveiled a special campaign offering free digital collectables to players, no PlayStation Plus

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

Rising global demand for artificial intelligence infrastructure has pushed semiconductor giants SK Hynix and Micron Technology past the $1 trillion (£740 billion) market valuation milestone. Shares of SK Hynix surged

A rare Frida Kahlo self-portrait has sold for $54.7 million (£41.8 million), setting a new global auction record for an artwork by a woman. The painting, created in the 1940s

Disney has pulled its popular channels, including ABC, ESPN, and several others, from DirecTV after the two companies failed to renew their distribution agreement. The blackout, which affects over 11

A major class-action lawsuit has opened at the High Court in London against five of the world’s leading car manufacturers accused of using illegal software to cheat emissions tests. The

London's stock market has surpassed Paris as concerns mount over the outcome of France's upcoming parliamentary elections. According to Bloomberg's data compiled on Monday, all stocks listed in the United

The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Ford's BlueCruise driver assistance system following two tragic collisions resulting in fatalities. The NHTSA disclosed that in both

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

In a significant move following an investigation into the growing number of fake movie trailers on the platform, YouTube has suspended monetization for two of the largest fan-trailer channels, Screen

Chinese entrepreneur Jack Ma has decided to delay the sale of hundreds of millions of dollars worth of Alibaba shares following a significant drop in the company's stock value last

In a significant development, energy drinks giant Red Bull has successfully acquired a controlling stake of 51% in the German WorldTour cycling team Bora-Hansgrohe. The acquisition was revealed through a

Every time an online shopper places an order, there is an increasing chance that a fleet of autonomous robots begins processing it within minutes. Many warehouses now use compact mobile

Danish pharmaceutical company Novo Nordisk has introduced its weight-loss drug Wegovy in China, following its approval by local health authorities in June. The launch places Novo Nordisk in direct competition

With the release of the iPhone 16, Hong Kong Apple stores have attracted an unexpected influx of Russian shoppers, cash in hand, eager to buy the latest devices at a