Publishing giant Penguin Random House has scrapped a $2.2bn (£1.9bn) planned takeover of rival Simon & Schuster. As reported by the BBC, last month, a US court blocked the deal,

Qantas, Australia's largest airline, has reached a settlement in a legal case brought by the Australian Competition and Consumer Commission (ACCC), agreeing to pay a penalty of A$100 million ($66.1

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

Amgen Inc (AMGN.O) said on Thursday it would cut 450 jobs, or less than 2% of its workforce, making it the company's second round of layoffs this year amid intensifying

In a significant move to address financial challenges, Audacy, a prominent multi-platform audio content company, has officially filed for prepackaged Chapter 11 bankruptcy proceedings. The announcement came on Sunday, marking

American billionaire and businessman, Elon Musk's chances of winning the lawsuit filed against him by Twitter appears to have taken a precarious position with the appointment of the judge in

In a significant move affecting its global workforce, Riot Games, the developer behind popular video games like "League of Legends" and "Valorant," is set to lay off approximately 11% of

Google's recent advertisement, aired during the Olympics, intended to showcase the capabilities of its AI chatbot Gemini, has sparked widespread criticism. The ad features a father explaining his young daughter's

The divisive Evolved Suit worn by Miles Morales in Marvel’s Spider-Man 2 has been a focal point of discussion among fans, but recent revelations have clarified that the controversial design

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

As anticipation builds for the release of Grand Theft Auto 6, a former Rockstar Games developer believes the next instalment in the blockbuster franchise may cost significantly less to produce

After four years since its initial unveiling and amidst delays and controversies, Tesla's highly anticipated Cybertruck has finally reached the hands of approximately a dozen customers. However, the original base-model

For years, Riyadh’s Diplomatic Quarter has existed in a world of its own. With tree-lined walkways, embassies, cafés and carefully manicured lawns, the neighbourhood feels noticeably removed from the rhythms

In a departure from the era dominated by the iconic Copa Mundial, adidas proudly showcases its diverse COPA lineup, now featuring the latest addition—the Copa Icon. Positioned as a lighter,

The European Union has imposed a hefty fine of €1.8 billion (£1.5 billion) on tech giant Apple for breaching competition regulations in the field of music streaming. According to the

Google parent Alphabet Inc. is cutting 12,000 jobs worldwide in the latest round of layoffs to hit the technology sector. As reported by NBC News, CEO Sundar Pichai announced the

Bugatti has introduced its latest marvel, the Bugatti Tourbillon, a $4 million hybrid powerhouse set to replace the $3.3 million, 1,500 horsepower Chiron. This new model, boasting 1,800 horsepower, combines

Tesla is recalling over 46,000 Cybertrucks in the United States due to concerns that an exterior panel could detach while driving, posing a road hazard. The recall affects nearly all

Last month DStv, one of the consumer brands of the Multichoice Group, continued to soar as the unrivalled media powerhouse in Africa, securing its position as the top “Most-Admired Media

American billionaire, Elon Musk has revealed that the new Tesla factories in the US and Germany are "losing billions of dollars" as a result of the battery shortages and supply