Business

Archer Aviation Shares Surge After Deal to Acquire Boeing’s Wisk eVTOL Unit

Archer Aviation shares jumped after agreeing to acquire Boeing's Wisk Aero and two subsidiaries, giving Boeing a near-20% equity stake in the combined firm

Intel Launches $15 Billion Stock Sale as Turnaround Rally Lifts Shares

Intel plans to sell about $15 billion in common stock after a 400% share rally, funding growth in AI, custom chips and advanced packaging.

Trump Pivots to Sanctions and Naval Blockade in Prolonged Iran Standoff Over Hormuz

The US is pivoting from military strikes to sanctions and a naval blockade against Iran as oil prices stabilise and the Strait of Hormuz crisis drags on.

TSMC Sales Surge 45% in July as AI Chip Demand Fuels Record Growth

TSMC posted a 45% surge in July revenue as demand for AI chips from customers like Nvidia and Google continues to drive record growth for the chipmaker.

U.S. Stock Futures Hold Steady as Investors Weigh Iran Tensions and Inflation Data

U.S. stock futures held flat Sunday as investors weighed renewed Iran tensions over the Strait of Hormuz and awaited key inflation data due this week.

American Airlines to Offer Free Wi-Fi for Loyalty Members Starting in January

American Airlines has announced plans to provide free Wi-Fi to its AAdvantage loyalty program members starting in January. This move follows a growing trend...

Citigroup Reports Strong Q1 Performance with Higher Revenue and Profit

Citigroup reported stronger-than-expected results for the first quarter, posting earnings of $1.96 per share, beating analysts’ expectations of $1.85. The bank’s revenue reached $21.60...

Epic Universe Set to Transform Orlando’s Tourism and Economy

Epic developments are on the horizon for Orlando, as Universal prepares to open its newest theme park—Epic Universe—on May 22. This will mark the...

United Airlines Maintains Outlook, Offers Recession Contingency Plan Amid Travel Shifts

United Airlines reaffirmed its full-year forecast but also introduced an alternate outlook to account for the possibility of a recession, reflecting broader uncertainty in...

China’s EV Giants Bet on Flying Cars, Robotaxis, and Smart Tech

Chinese companies are pushing the boundaries of future transportation, with major investments in flying cars, robotaxis, and advanced vehicle technology. As competition in the...

Google Assures Chinese Developers of Continued Android Open Source Access

Google has moved to reassure developers in China that its Android operating system will remain open source, following concerns sparked by changes to its...

Chinese Investors Maintain Confidence in Tech Stocks Despite Market Correction

A recent correction in technology stocks is unlikely to diminish Chinese investors’ confidence, as they remain focused on long-term growth and Beijing’s commitment to...

Hong Kong Art Auctions Hit Six-Year Low Despite Market Optimism

The combined sales from two major Hong Kong auctions over the weekend reached their lowest level in more than six years, highlighting ongoing challenges...

AI Chatbots Transform Rural Life in China with Farming and Livelihood Solutions

China’s vast countryside is witnessing a technological shift as rural residents increasingly turn to AI chatbots for practical advice on farming, pest control, and...

Stellantis to Continue Buying CO2 Credits from Tesla in 2025 to Meet EU Targets

Stellantis will continue purchasing CO2 credits from a compliance pool led by Tesla in 2025 to meet European Union emissions reduction requirements. Despite the...

Poste Italiane Acquires 15% Stake in TIM, Becoming Main Shareholder

Poste Italiane has finalized an agreement to acquire a 15% stake in Telecom Italia (TIM) from Vivendi, strengthening its position as the main shareholder...

Berlin’s Transformation: From Bohemian Haven to Economic Powerhouse

Once the epicenter of Berlin’s alternative art scene, the Art House Tacheles symbolized the city’s bohemian charm, attracting artists and musicians after the fall...

The Art of Foley: How Gary Hecker Brings Hollywood’s Sounds to Life

In a small studio on the Sony Pictures lot, Gary Hecker creates sound magic for some of Hollywood’s biggest films, from Justice League to...

Novo Nordisk’s Rybelsus Shows Cardiovascular Benefits in Late-Stage Trial

Novo Nordisk’s diabetes pill Rybelsus has demonstrated significant cardiovascular benefits in a late-stage trial, potentially broadening its therapeutic scope. The study revealed a 14%...

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