Travel industry to contribute record $11 trillion to global GDP in 2024
A record $1 out of every $10 spent globally in 2024 will be on travel as people briskly book hotels,…
Oil Steadies as China Demand Concerns Offset Libyan Disruptions
Oil steadied as concerns over China’s dour economic outlook offset supply disruptions in Libya. Brent traded near $77 a barrel…
Tesla’s China sales have best month of the year in August
Tesla’s sales in China logged their best month for the year so far in August, with the U.S. electric vehicle…
Volvo Trucks to launch electric truck with 600 km range
Sweden’s Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373…
Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession…
Brazil’s economy expected to have grown at solid pace in second quarter
Brazil’s economy kept growing at a solid pace last quarter compared to the first three months of the year, supported…
Now there’s a creepy, sonar-like sound coming through one of Starliner’s speakers
Starliner is scheduled to undock from the International Space Station and make its return trip to Earth uncrewed in just…
Key events during China’s regulatory scrutiny of Alibaba
China’s State Administration of Market Regulation (SAMR) said on Friday that Alibaba Group had completed three years “rectification” following a…
France’s Atos cuts financial targets but says restructuring still on track
French IT firm Atos on Monday said it would have less cash at hand over the next few years as…
Dollar eases after hitting highest in almost two weeks, US job data looms
The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks, as…