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Greek Shipping Firms Plead Guilty To Polluting Oceans Near U.S. Ports
Two Greek shipping companies face millions of dollars in fines after pleading guilty to concealing the illegal transport and discharge of...

By The Financial District
Dec 26, 20241 min read


Toho Studios Adopts Hydrogen Power, A First For Japan
Toho Studios, famed for its Godzilla films, has become the first company in Japan to commercially use hydrogen-fired electricity.

By The Financial District
Dec 26, 20241 min read


Tesla Sales Crash As EU Drivers Snub Trump Backer Elon Musk
Tesla’s sales in Europe plunged by 40% in November, as the electric carmaker faces a backlash against Elon Musk’s support for U.S...

By The Financial District
Dec 26, 20241 min read


Amazon Agrees To Worker Safety Measures To Settle U.S. Probe
Amazon has agreed to implement enhanced safety measures at all U.S. facilities to resolve allegations by the Occupational Safety and...

By The Financial District
Dec 26, 20241 min read


Sony Ups Stake In Japanese Publisher Kadokawa
Sony Group Corp. will increase its stake in Japanese game and anime publisher Kadokawa Corp. to enhance their strategic partnership and...

By The Financial District
Dec 26, 20241 min read


Aerospace Firm AAR Settles U.S. Charges Over Bribing Foreign Officials
Global aerospace company AAR Corp. has agreed to resolve U.S. charges involving schemes to bribe officials in Nepal and South Africa.

By The Financial District
Dec 26, 20241 min read


China's Nio Introduces Firefly Brand To Compete With BMW’s Mini
Nio has unveiled a lower-cost brand named Firefly, positioning it as a rival to Mercedes' Smart and BMW's Mini.

By The Financial District
Dec 26, 20241 min read


Salesforce Reaches Over 1,000 Paid Deals For AI-Powered "Agentforce" Platform
Salesforce has surpassed 1,000 paid deals for its "Agentforce" platform, which enables businesses to create AI-powered virtual...

By The Financial District
Dec 24, 20241 min read


Bangladesh Urges Adani Power to Renegotiate Energy Deal
Bangladesh’s interim government has accused Indian energy supplier Adani Power of breaching a multi-billion-dollar agreement by...

By The Financial District
Dec 24, 20241 min read


DOJ Sues CVS Over Allegedly Unlawful Opioid Sales
The U.S. Department of Justice (DOJ) unsealed a civil complaint Wednesday, accusing CVS Pharmacy Inc. and its subsidiaries of filling...

By The Financial District
Dec 24, 20241 min read


Starbucks Workers Expand Strike To NYC And Three More Cities
Starbucks workers have expanded their strike to four additional U.S. cities, including New York, the union representing over 10,000...

By The Financial District
Dec 24, 20241 min read


Energy Partnership Among Tycoons Gets Nod From PH Competition Commission
The Philippine Competition Commission (PCC) has approved a groundbreaking partnership among three of the country’s top conglomerates.

By The Financial District
Dec 24, 20243 min read


Micron Shares Drop On Weak Quarterly Forecast, AI Gains Overshadowed
Micron Technology shares plunged 15% in premarket trading last week following a disappointing forecast.

By The Financial District
Dec 24, 20241 min read


Japan To Back Rapidus Even With Delayed Production Of Logic Chips
Japan’s support for Rapidus Corp. will remain steadfast even if the government-backed venture needs to delay its target for mass-producing..

By The Financial District
Dec 23, 20241 min read


Accenture Surpasses Quarterly Revenue Estimates On AI Demand
Accenture exceeded Wall Street revenue expectations for the first quarter, driven by rising demand for its AI-powered tools and digital...

By The Financial District
Dec 23, 20241 min read


Honda Seeks To Double Hybrid Car Sales By 2030
Honda Motor aims to double its global hybrid car sales to 1.3 million units annually by 2030, using hybrid vehicles as a transitional...

By The Financial District
Dec 23, 20241 min read


UK Approves Royal Mail Takeover By Czech Billionaire
The UK government has approved the £3.6-billion takeover of Royal Mail's parent company by Czech billionaire Daniel Kretinsky’s EP Group.

By The Financial District
Dec 20, 20241 min read


Grubhub to Pay $25-M To Settle Case With Illinois, FTC
Grubhub Inc., an online food ordering and delivery platform, will pay $25 million to settle allegations of deceptive business practices.

By The Financial District
Dec 20, 20241 min read


Thames Water Creditors Question £3-B Rescue Loan
A proposed £3 billion ($3.8 billion) rescue loan for Thames Water has sparked a legal clash, with rival creditors claiming it would hand...

By The Financial District
Dec 20, 20241 min read


Amazon To Invest $10 Billion More In Ohio Data Centers
Amazon Web Services (AWS) announced plans to invest an additional $10 billion in its data center infrastructure in Ohio, bringing its...

By The Financial District
Dec 20, 20241 min read


Meta Fined €251-M For 2018 Data Breach
European Union regulators imposed fines totaling €251 million on Meta, Facebook’s parent company, following an investigation into a 2018...

By The Financial District
Dec 20, 20241 min read


Analysts See More Gains For Grab After Big Quarter
Grab Holdings Ltd.’s success in cutting costs and outperforming competitors in Southeast Asia's ride-hailing market has propelled its...

By The Financial District
Dec 20, 20241 min read


Lamborghini Delays Launch Of Its First Electric Model To 2029
Luxury automaker Lamborghini has postponed the release of its first fully electric vehicle (EV) to 2029, citing market unpreparedness.

By The Financial District
Dec 20, 20241 min read


Starbucks Workers’ Union Authorizes Potential Strike
The union representing over 10,000 Starbucks workers has authorized a possible strike amid unresolved disputes over wages, staffing, and...

By The Financial District
Dec 20, 20241 min read
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