BUSINESS

MANSORY GRONOS 6X6: THE LUXURY OFF-ROADER

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MANSORY, the well-renowned German luxury car modification firm, has now brought into view a six-wheeled behemoth, the “MANSORY Gronos 6x6,” based on the Mercedes-Benz G-Class (W463A). It is limited to a run of just 10 units worldwide and heaves off-road capability and luxury to hitherto unseen levels.

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BP SLASHES OVER 7,700 JOBS GLOBALLY IN $2BILLION COST-REDUCTION STRATEGY

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The energy giant BP, has announced plans to eliminate approximately 7,700 positions globally, marking one of the company's largest workforce reductions in recent years. CEO Murray Auchincloss revealed that 4,700 internal roles and over 3,000 contractor positions will be cut as part of a broader strategy to streamline operations and reduce costs.

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HUAWEI CHALLENGES NVIDIA IN CHINESE AI CHIP MARKET DOMINANCE, FOCUSES ON 'INFERENCE' TASKS

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Huawei is making a strategic pivot in China's artificial intelligence chip market, targeting Nvidia's stronghold by focusing on inference processing rather than model training. The Chinese tech giant is positioning its Ascend AI processors as the preferred choice for companies running inference tasks - the computational process where AI models generate responses to prompts.

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SEC SUES ELON MUSK FOR DELAYED TWITTER DISCLOSURE, ALLEGEDLY ACQUIRING SHARES AT ARTIFICIALLY LOW PRICE

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The Securities and Exchange Commission launched a significant legal probe against Elon Musk on January 14, 2025, alleging he deliberately delayed disclosing his Twitter ownership to acquire additional shares at artificially depressed prices. The federal lawsuit, filed in Washington DC, claims this delay cost other shareholders at least $150 million.

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NINTENDO UNVEILS HIGHLY ANTICIPATED NINTENDO SWITCH 2

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Gaming giant Nintendo has finally lifted the veil on its latest console, the Nintendo Switch 2, during an announcement that has had gamers buzzing with anticipation for years. Scheduled for release in 2025, this successor to the wildly popular Nintendo Switch promises to blend innovation with continuity, ensuring its appeal to both seasoned players and newcomers alike.

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ROLLS-ROYCE INVESTS $371 MILLION TO EXPAND UK PLANT AMID GROWING DEMAND FOR BESPOKE CARS

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Luxury carmaker Rolls-Royce has announced a significant expansion of its Goodwood factory in West Sussex, pledging over $371 million to meet soaring demand for its bespoke models.

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APPLE LOSES TOP SPOT IN CHINA

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Apple lost its position as the best-selling smartphone brand in China last year, according to new data released Thursday, as two local rivals, Huawei and Vivo, surpassed the tech giant with increasing shipments. Industry data provider Canalys reports that Apple held a 15 percent market share in China, trailing behind Huawei's 16 percent and Vivo's leading 17 percent.

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IPHONE DISCOUNTS IN CHINA

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Shoppers in China are enjoying rare discounts on Apple's flagship iPhones, signaling the tech giant's response to growing competition and shifting consumer habits. From January 4, Apple launched a four-day promotion, offering discounts of up to 500 yuan ($68.50) on its newest models, including the iPhone 16 Pro and Pro Max.

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