Twitter Sued by Crown Estate Over Alleged Unpaid Rent at UK HQ
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
Tencent Sees First Sales Fall as China Economy Slows
Chinese tech giant, Tencent has cut over 5,000 jobs and shut down parts of its business as it continues to grapple with its first sales fall in its history. As
The Highest-Paid Female CEOs of Listed Nigerian Firms
The corporate landscape in Nigeria is witnessing a significant shift as women continue to rise to the top ranks of leadership in prominent companies. Breaking the long-held norm of male-dominated
Hyundai, LG to Spend $2 Billion More on Georgia Battery Plant
Hyundai Motor Group and LG Energy Solution have announced plans to increase their joint investment in a battery manufacturing plant located in Georgia by an additional $2 billion. This expansion
Support for TikTok Ban Declines as Fewer Americans See It as a Threat
Public support for a TikTok ban in the United States is weakening, with fewer Americans viewing the app as a security risk, according to a new Pew Research Center survey.
Virgin Orbit, Richard Branson’s Rocket Company, Will Lay Off 85% of Staff
Virgin Orbit — the rocket company founded by British billionaire Richard Branson — is laying off the vast majority of its workforce as company leadership struggles to secure additional funding.
Netflix is Testing a New OpenAI-Powered Search
Netflix has begun testing a new search feature powered by OpenAI technology, aiming to give subscribers a more intuitive and personalised way to find content on the platform. According to
Elon Musk’s xAI Lays Off 500 Staff in Major Restructuring of Grok Training Team
Elon Musk’s artificial intelligence company, xAI, has carried out a sweeping overnight restructuring of its data annotation division, resulting in the layoff of about 500 employees. The affected team had
Luis Figo Named Global Ambassador for TenTrade
Multi-asset brokerage firm TenTrade has announced a new partnership with football legend Luis Figo, who will serve as its Global Ambassador as part of a broader initiative to inspire emerging
FC Barcelona Receives Nike Offer With Bonus To Eliminate Financial Woes, Reports Mundo Deportivo
FC Barcelona finds itself at the negotiation table with sportswear giant Nike, as reports from Mundo Deportivo suggest an enticing offer that could alleviate the club's financial woes. According to
Boeing Achieves Milestone as It Delivers First 787 Dreamliner to China Since 2019
In a significant development, Boeing has successfully delivered a 787 Dreamliner directly to a Chinese airline for the first time since November 2019. The milestone marks a potential opening for
12 Well-Known Companies That Declared Bankruptcy in 2024
The year 2024 proved challenging for several iconic brands, as inflation, shifting consumer trends, and operational hurdles led to a wave of high-profile bankruptcies. From retailers to airlines, many companies
Petrol Price Hike Likely to Trigger Wage Demands, Warns Economist
Development economist Mohammed Nezifi has warned that the recent hike in petrol prices in Nigeria may push the government to increase workers’ wages. In an interview with the News Agency
Boeing Grapples with Safety Concerns as Alaska Airlines Flight Makes Emergency Landing
Boeing faces renewed scrutiny over the safety of its aircraft as an Alaska Airlines flight was compelled to execute an emergency landing on Friday following a panel and window blowout.
Canada Rolls Out New Auto Industry Strategy as It Reduces Reliance on US Market
Canada has announced a new plan aimed at strengthening its automotive sector and accelerating the shift to electric vehicles, as the industry struggles with the impact of US trade tariffs
McDonald’s, Apple and Tesla Can’t Bet on Making a Fortune in China Anymore
Western companies, including McDonald’s, Apple, and Tesla, are encountering significant challenges in the Chinese market as an economic downturn and increased competition from local rivals reshape consumer behaviour and market
UK Pushes Back Driverless Car Rollout to 2027 as Uber Says It’s Ready to Launch
Uber says it is ready to deploy driverless taxis on UK roads, but new government timelines suggest fully autonomous vehicles won’t be approved until late 2027. While previous government projections
One of the World’s Biggest Booze Makers is Ditching Wine Brands as the World Drinks Less
Pernod Ricard, one of the world's largest alcohol producers, is selling the majority of its wine brands as global wine consumption continues to decline. The French conglomerate, which owns renowned
Nike Suspends Online Sales in Türkiye Amid New Customs Regulations
Nike, the globally recognized sportswear brand, has announced the suspension of its online sales in Türkiye due to recent changes in the country’s customs regulations. The decision was confirmed in
ABC News President Kim Godwin Steps Down Amidst Employee Morale Crisis
In a surprising turn of events, Kim Godwin, the president of ABC News, has announced her departure from the network, concluding a tumultuous three-year tenure marked by internal strife and
