More News from Tech
Elon Musk steps down, announces Twitter’s new CEO
US Tycoon Elon Musk has stepped down from the post of Twitter CEO, former NBCUniversal advertising chief Linda Yaccarino will be Musk`s successor. Elon Musk has ensured the news in a tweet, as the social media platform seeks to reverse a plunge in advertisement revenues.
Tesla increases car prices worldwide, with the biggest raise in China
Elon Musk`s Tesla has increased prices in its most important electric vehicle (EV) markets, including China and the United States, reversing a series of recent price cuts that have pushed the company’s profit margin to the lowest since 2020 and sparked a price war.
Foxconn plans $820mn investment in southern Taiwan
World`s largest technology manufacturer and service provider Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle (EV) ambitions, the company said on Sunday.
India’s import of Russian oil reaches new high in May
Ukrainian army’s offensive attempt failed, 250 soldiers killed
Saudi’s Al-Ittihad to sign Karim Benzema on 2-year deal
Bangladesh’s export jumps by 27% in May
Oil prices rise as Saudi Arabia pledges production cuts
Oil tanker breaks down in Suez canal, tugboats deployed to tow it
How to correct global imbalances?
Putin threatens to strike new targets over western arms for Ukraine
Global food prices fall to 2-year low in May
Opec+ to go for further output cuts to rein in weak prices
Bangladesh signs long term LNG deal with Qatar
Biden signs debt ceiling bill into law, default averted
Saudi Arabia’s merchandise exports soared to $410bn last year
Elon Musk regains world’s richest person title
Amazon to pay $30.8m over alleged spying on customers
US to provide Ukraine with new military aid package
House clears US debt ceiling deal to avert default
BRICS ministers meet in push to establish group as counterweight to West
US, Taiwan to sign first deal under new trade framework
Markets tumble as hardline Republicans threaten US debt deal