Business

China’s iPhone Sales Capture Top Spot in May 2025

Apple Inc. has reclaimed its position as the leading smartphone brand in China, with iPhone sales capturing the top spot in May 2025, according to data from Counterpoint Research....

Hyundai Exits India’s Ola Electric as Kia Cuts Stake in $80 Million Share Sale

In a notable development in India’s electric vehicle (EV) sector, South Korean automakers Hyundai Motor and Kia Corporation...

Foxconn Eyes $3 Billion Acquisition of Singapore’s UTAC in Semiconductor Expansion

In a significant development within the global semiconductor industry, Taiwan’s Foxconn Technology Group, officially known as Hon Hai...

Google One Hits 150 Million Subscribers AI Revolution Is Here!

Alphabet’s Google One subscription service has recently surpassed 150 million subscribers, marking a significant milestone fueled by the...

Asian Airlines Re-routes and Cancels Flights Amid India-Pakistan Conflict

Several Asian airlines have been forced to reroute or cancel flights due to the escalating conflict between India...

Court Rejects Musk’s Move Against OpenAI

In a recent legal development, U.S. District Judge Yvonne Gonzalez Rogers denied Elon Musk's request for a preliminary injunction to halt OpenAI's transition from...

Economic Shockwaves: Trump’s Tariffs Ignite Global Market Sell-Off

On March 4, 2025, President Donald Trump announced the immediate imposition of tariffs on imports from Canada, Mexico, and China, triggering significant volatility in...

BP Oil and Gas Strategy: Why the Energy Giant is Shifting Focus from Renewables

BP oil and gas strategy is making waves as the British energy giant shifts its focus back to oil and gas, scaling back its...

Warner Bros Studio Layoffs 2025: Wonder Woman Game Canceled Amid Major Restructuring

Warner Bros studio layoffs 2025 have caused a major shake-up in the gaming industry with the closure of Monolith Productions, Player First Games, and...

DBS Bank to Slash 4,000 Jobs as AI Takes Over Operations

In a critical move reflecting the growing influence of artificial intelligence (AI) in the banking sector, DBS Group, Southeast Asia's largest bank, has announced...

Iconic Carmaker Aston Martin Faces Mounting Losses, Announces Job Cuts

Aston Martin, the iconic British luxury car manufacturer renowned for its association with James Bond, has announced plans to cut 170 jobs, representing approximately...