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06Jan

Meta Pauses Global Rollout of Ray-Ban Smart Glasses Amid US Demand Surge

Meta said on Tuesday it has decided to pause international expansion of its Ray-Ban Display glasses due to short supply and strong demand in the United States. The Facebook-parent had…

06Jan

Saudi Arabia to Open Financial Markets to All Foreign Investors from Feb 1

Saudi Arabia plans to open its financial markets to all foreign investors from February 1, the Gulf country's market regulator said on Tuesday, as it eases rules to attract more…

06Jan

Porsche and Volkswagen Recall Over 500,000 US Vehicles Over Rearview Mirror Fault

Berlin: Problems with the rearview mirror have forced Porsche and now parent company Volkswagen to recall over half a million vehicles collectively in the United States, where the National Highway…

06Jan

Sony Honda Mobility debuts new EV prototype at CES Las Vegas

Sony Honda Mobility unveiled its new prototype electric vehicle at the CES trade show in Las Vegas on Monday, even as most U.S. automakers hit the brakes on EVs. Sony…

06Jan

Global Memory Chip Stocks Jump on AI-Driven Supply Crunch

Shares of the world's top memory chip providers rose on Monday as investors bet on further price gains due to a global supply crunch driven by surging demand for artificial-intelligence…

06Jan

Japan’s small business lobby urges action on inflation, weak yen to lift real wages

Tokyo: A business lobby representing small and midsize firms urged the government to address inflation, including the yen's weakness, saying this was essential to achieving real wage growth, its chief…

06Jan

BMW US Q4 2025 Sales Slip 3.4% as EV Demand Cools

Berlin: German carmaker BMW reported a 3.4% decline in sales in the United States in the fourth quarter of 2025 as demand for electric vehicles weakened further. BMW sold 113,512…

06Jan

Pop Mart expands manufacturing to meet global demand

Beijing: Chinese toymaker Pop Mart has added manufacturing facilities in Mexico, Cambodia and Indonesia as it broadens its supply network to meet surging global demand, the company said. Pop Mart,…

06Jan

AB InBev to buy back 49.9% stake in US metal container plants for $3bn

Anheuser-Busch InBev will buy back a 49.9% stake in its metal container plants in the United States for about $3 billion, the world's top brewer said on Tuesday. AB InBev said…

06Jan

AMD shows off new higher performing AI chip at CES event

Advanced Micro Devices CEO Lisa Su showed off a number of the company's AI chips on Monday at the CES trade show in Las Vegas, including its advanced MI455 AI…

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