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Tesla’s EU Sales Slump 52% In April
Sales of Tesla vehicles in the European Union plummeted by more than half in April, while Chinese electric vehicle (EV) makers gained ground.

By The Financial District
Jun 11 min read


More Than 300 People in the U.S. Are Still Dying from COVID Weekly
More than five years after the first COVID-19 cases emerged in the U.S., hundreds of people continue to die from the virus each week.

By The Financial District
Jun 11 min read


U.S. Firm RedBird Agrees to Buy UK’s Telegraph Broadsheet
A consortium led by U.S. investment firm RedBird Capital Partners has agreed to purchase the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about 500 million pounds ($674 million).

By The Financial District
Jun 11 min read


New Nasal COVID Vaccine Shows High Immunity in Animal Tests: Japan
A new type of coronavirus vaccine administered nasally has proven highly effective in animal trials.

By The Financial District
Jun 11 min read


Nissan Banks On Hybrid EV Technology to Survive Stiff Competition
Money-losing Japanese automaker Nissan is relying on its latest “e-Power” technology for a turnaround.

By The Financial District
Jun 11 min read


Harvard Wins Block On Trump’s Foreign Student Ban
Harvard University won a temporary court order blocking the Trump administration from enforcing a ban on international students at the school.

By The Financial District
May 312 min read


ASEAN Members to Tackle Trump Tariffs as a Bloc, Malaysia Says
Southeast Asian nations will present a unified front in response to US tariffs and other challenges, including Myanmar’s ongoing four-year civil war.

By The Financial District
May 311 min read


Nvidia To Launch Cheaper Blackwell AI Chip for China
Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model.

By The Financial District
May 311 min read


Supreme Court Exempts Fed from Trump’s Power to Remove Agency Heads
The U.S. Supreme Court ruled that President Trump may remove certain independent agency leaders while legal challenges proceed—but not those at the Federal Reserve.

By The Financial District
May 311 min read


China Pushes Back Against EU's Proposed Small Parcel Fee
China has voiced strong opposition to the European Union’s proposed €2 ($2.26) fee on all low-value parcels, warning that the move could hurt Chinese retailers like Shein and Temu.

By The Financial District
May 311 min read


PSE Index Closes Month in a Nosedive
The Philippine Stock Exchange (PSE) index nosedived to a milestone low, closing 71.28 points or 1.11% lower at 6,341.53 in a trading session marked by a rebalancing of positions.

By The Financial District
May 302 min read


JBS Shareholders Approve U.S. Listing Despite Opposition
JBS, the Brazilian meat-processing giant, is set to begin trading on the New York Stock Exchange after shareholders approved its dual-listing plan despite strong opposition from environmental groups and U.S. lawmakers.

By The Financial District
May 301 min read


FTC Drops Challenge to Microsoft’s $69 Billion Activision Deal
The Federal Trade Commission on Thursday abandoned its years-long attempt to block Microsoft’s $69 billion acquisition of Activision Blizzard.

By The Financial District
May 301 min read


Trump Spending Plan Would Add $3.8 Trillion To U.S. Deficit, CBO Says
Senate Republicans are preparing to push President Donald Trump’s sweeping tax and spending plan through Congress by July 4, as the federal debt ceiling looms.

By The Financial District
May 301 min read


Trump Revokes Harvard’s Right to Enroll International Students
The Trump administration has revoked Harvard University’s certification to enroll international students, a dramatic escalation in its standoff with the Ivy League school.

By The Financial District
May 301 min read


IonQ CEO Sees Nvidia-Like Future for Quantum Computing Pioneer
Quantum computing firm IonQ is aiming to replicate the meteoric rise of semiconductor giant Nvidia.

By The Financial District
May 301 min read


Belgium’s Princess Elisabeth Caught in Trump Ban on Foreign Students at Harvard
Princess Elisabeth of Belgium, the 23-year-old heir to the Belgian throne, may be forced to leave Harvard University after the Trump administration announced a sweeping ban on international students enrolling at the Ivy League institution.

By The Financial District
May 301 min read


Chinese-Backed Logistics Firms in U.S. Sued for Counterfeit USPS Label Scheme
Two Chinese-owned logistics companies operating out of New York and California have been barred from using the U.S. Postal Service (USPS) following allegations of a years-long counterfeit postage scheme.

By The Financial District
May 301 min read


Senate Overturns California’s EV Mandate, Hitting Tesla’s Regulatory Credit Business
In a blow to Tesla and state-level climate efforts, the U.S. Senate has voted 51–44 to revoke California’s authority to set stricter tailpipe emissions standards and ban sales of new gasoline-powered vehicles by 2035.

By The Financial District
May 301 min read


Toyota And Subaru to Launch Second Joint EV Model By 2026
Toyota Motor Corp. will develop a second battery electric vehicle (BEV) in collaboration with Subaru Corp., targeting the North American and Japanese markets starting in 2026.

By The Financial District
May 301 min read


U.S. Tariffs Hammer Sri Lanka’s Export-Driven Economy
A new 44% tariff imposed by the Trump administration on Sri Lankan exports has struck a major blow to the island nation’s economy.

By The Financial District
May 301 min read


U.S. Steelworkers Urge Trump to Block Nippon Steel Takeover Bid
The United Steelworkers union has called on President Donald Trump to block Nippon Steel’s proposed acquisition of U.S. Steel, citing national security risks and longstanding concerns over unfair trade practices.

By The Financial District
May 301 min read


Justice Department Reaches Deal to Let Boeing Avoid Prosecution
The U.S. Justice Department has reached a deal that will let Boeing avoid criminal prosecution over allegations it misled regulators before two fatal 737 Max crashes.

By The Financial District
May 301 min read


Measles Cases Reach 1,046 In 30 U.S. States: CDC
Measles cases have climbed to 1,046 as the virus continues to spread across the United States.

By The Financial District
May 301 min read
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