BUSINESS

Photo Credit: Getty Images
 
Mirroring recent U.S. policy, Canada has announced a 100% tariff on Chinese-made electric vehicles (EVs). This decision, revealed on August 26, 2024, aligns with similar measures taken by the United States and planned by the European Commission, signaling a coordinated Western response to China's dominance in the EV market.
Read more ... Add new comment

Photo Credit: Getty Images

In a landmark operation, the Vietnamese government, in collaboration with the Alliance for Creativity and Entertainment (ACE), has dismantled what is being described as the world’s largest pirate streaming network. The crackdown led to the shutdown of the notorious Fmovies site and its associated domains, which collectively garnered over 6.7 billion visits between January 2023 and June 2024. This takedown represents a significant victory in the ongoing battle against digital piracy.

Read more ... Add new comment

Photo Credit: Getty Images
 
In a dramatic turn of events, the National Basketball Association (NBA) has moved to dismiss Warner Bros. Discovery's (WBD) lawsuit over media rights, escalating tensions between the longtime partners. On August 24, 2024, the NBA filed documents in the Supreme Court of the State of New York seeking to shut down WBD's legal efforts to retain a portion of the league's media rights.
Read more ... Add new comment

Photo Credit: Getty Images

AI chip giant Nvidia has recorded a fall in shares despite the company comfortably beating expectations after more than doubling its sales. Nvidia announced record revenues of $30bn (£24.7bn) over a three-month period.

Read more ... Add new comment

Photo Credit: Getty Images

Lip-Bu Tan, a prominent semiconductor industry veteran, has resigned from Intel's board, citing personal reasons and a need to "reprioritize various commitments." However, sources close to the situation reveal that his departure was fueled by differences with Intel's CEO, Pat Gelsinger, and other directors over the company's workforce size, risk-averse culture, and lagging artificial intelligence (AI) strategy.

Read more ... Add new comment

Photo Credit: Getty Images
 
Canada's two largest freight railroads - Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) - locked out over 9,000 workers after failing to reach new labor agreements with the Teamsters Canada Rail Conference union. This unprecedented dual lockout has brought rail operations across Canada to a standstill, with potentially severe consequences for both the Canadian and U.S. economies.
Read more ... Add new comment

More Articles ...

  1. S&P LOWERS WARNER BROS DISCOVERY OUTLOOK TO 'NEGATIVE' AMID CABLE TV STRUGGLES AND POTENTIAL NBA RIGHTS LOSS
  2. ALIBABA'S QUARTERLY PROFIT DROPS 29% AMID ECONOMIC SLOWDOWN , REVENUE MISSES ESTIMATES
  3. PRINGLES MAKER KELLANOVA TO BE ACQUIRED BY MARS FOR NEARLY $36 BILLION
  4. STARBUCKS NAMES CHIPOTLE BOSS BRIAN NICCOL AS NEW CEO
  5. POLISH BILLIONAIRE RAFAL BRZOSKA TO SUE META OVER FAKE ADS ON FACEBOOK AND INSTAGRAM
  6. INCREASED PROFITS FOR SIEMENS AS SOFTWARE DEMAND BOOMS
  7. WARNER BROS. DISCOVERY TAKES $9.1 BILLION HIT AS LINEAR TV NETWORKS LOSE VALUE
  8. DISNEY HITS PROFITABILITY MILESTONE AS "INSIDE OUT 2" DRIVES SUCCESS
  9. SONY DECLINES BID FOR PARAMOUNT GLOBAL AMID SKYDANCE MERGER
  10. PARAMOUNT GLOBAL FACES $43 BILLION ALL CASH OFFER FROM APEX CAPITAL TRUST
Page 11 of 24

MEMBER REGISTRATION/LOG IN

RECENT NEWS

LATEST JOB OFFERS

AROUND THE CITIES