GM Leads US Auto Sales As Auto Sector Concludes Best Year Since Pandemic
General Motors (GM) emerged as the top-selling automaker in the United States for 2023, narrowly outpacing rival Japanese automaker Toyota
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US December Job Cuts Decline In December, Nearly Double For All Of 2023
U.S. employers witnessed a decrease in announced job cuts for December, marking the lowest figure since July, according to a
Bitcoin Spot ETF Proposals May Be Rejected by SEC: Matrixport
Crypto investment services provider Matrixport has anticipated that the U.S. Securities and Exchange Commission (SEC) will reject all applications for
Netherlands Stops China-Bound Chip Machinery Under US Pressure
The Netherlands has revoked the export license for the shipment of certain chip-making equipment manufactured by ASML to China. The
AstraZeneca, Sanofi RSV Infant Shots Approved in China
AstraZeneca announced that its respiratory syncytial virus (RSV) immunization for infants, developed in collaboration with Sanofi, has received regulatory approval
Tesla Deliveries Beat Fourth Quarter Estimates
In a remarkable conclusion to 2023, Tesla Inc. has surpassed market expectations for its fourth-quarter deliveries. The electric vehicle giant
Bristol Myers To Acquire Rayzebio For $4.1 Billion
Bristol Myers Squibb announced it will acquire RayzeBio for approximately $4.1 billion. This marks the pharmaceutical giant’s second multi-billion dollar
AstraZeneca To Acquire China’s Gracell Biotechnologies In a $1.2 Billion Deal
AstraZeneca has announced it will acquire China’s Gracell Biotechnologies for $1.2 billion. The strategic move to bolster its cell therapy
Apple to Fight Watch Ban in Court After White House Declines to Act
In a significant development for tech giant Apple, the White House upheld the US International Trade Commission (ITC) ruling that
Tesla Recalls Over 120,000 vehicles in US Over Door Issue
Tesla (TSLA.O) is recalling 120,423 vehicles in the United States due to concerns related to cabin doors being unlocked during
Fujitsu Speeds Aircon Deal, Sees AI Role in Sales Boost
In a strategic move to propel its expansion into the burgeoning AI services market, Fujitsu Ltd. is actively pursuing the
Steelmaker ArcelorMittal Inks $2.7b Natgas Supply Deal With Mexico
ArcelorMittal, the world’s second-largest steelmaker, has recently announced the renewal of a strategic contract with Mexico’s state power utility, Comisión
Only Natural Persons! UK Supreme Court rules AI cannot be patent ‘inventor’
In a groundbreaking decision, the UK Supreme Court has unanimously ruled against a U.S. computer scientist’s attempt to register patents
Google Plans to Restructure Ad Sales Unit: Report
Alphabet-owned Google is set to undergo a substantial reorganization of its 30,000-person ad sales unit, according to sources familiar with
ByteDance’s Sales Break $110 Billion to Pass Tencent This Year
ByteDance Ltd., the parent company of the globally popular social media platform TikTok, has reported a remarkable surge in sales
Airbus, Boeing Bag Order as Airlines Go on a Shopping Spree
Airbus SE and Boeing Co. are concluding the year with a flurry of major orders, marking one of the most
Canada’s Inflation Rate Holds Steady, Market Trims Rate Cut Bets
Canada’s annual inflation rate maintained its position at 3.1% in November, defying analysts’ predictions of a decrease to 2.9% from
US Single-Family Housing Starts Jump To A Year And A Half High
The U.S. housing market has defied recent economic uncertainties, with single-family housing starting soaring to an 18-month high in November.