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Author: admin

13Dec

US judge allows class action against Live Nation, Ticketmaster over alleged concert overcharging

A federal judge in California ruled on Friday that Live Nation and its subsidiary Ticketmaster must face a class action on behalf of millions of Americans for allegedly overcharging them…
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13Dec

Geely Auto launches $284 million vehicle safety testing facility in China

China's Geely Auto on Friday launched a $284 million facility providing safety tests for the automotive industry in general in anticipation of growing demand at home and abroad from regulators…
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13Dec

Pakistan explores $2bn bond and asset tokenisation with Binance

Pakistan has signed a memorandum of understanding with crypto exchange Binance to explore the "tokenisation" of up to $2 billion in sovereign bonds, T-bills and commodity reserves to boost liquidity…
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13Dec

Nasdaq moves to block IPOs over manipulation risk red flags

Nasdaq filed a new rule on Friday that would allow the exchange to block IPOs even when companies meet all listing standards if it detects red flags that could make…
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13Dec

JBS to permanently shut Los Angeles area beef processing plant amid cattle shortage

JBS will permanently close a facility outside Los Angeles that prepares beef for sale at U.S. grocery stores, the world's largest meat company said on Friday, as tight cattle supplies…
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13Dec

Copper nears $12,000 as AI data centre demand collides with global supply shortages

Copper is closing in on the $12,000 a metric ton mark as expectations of soaring demand from data centres that power artificial intelligence and tight supplies collide with shortages outside…
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13Dec

Netflix’s $72B Warner Bros Discovery–HBO Max Deal Faces Global Regulatory Scrutiny

Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant’s $72 billion takeover of Warner Bros Discovery’s…
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13Dec

U.S. court clears Azul plan to cut $2B debt, secure backing from American and United

A U.S. bankruptcy judge on Friday approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 billion in debt and raise capital through a new equity rights…
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13Dec

Huawei Mate 80 Powered by SMIC-Made Kirin 9030 on Advanced 7nm Process

The Kirin 9030, the chip that powers Huawei Technologies' latest flagship Mate 80 series handset, has been manufactured by China's top foundry SMIC with an improved version of 7 nanometres,…
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13Dec

Mary Barra: The Woman Who Upgraded Detroit

Mary Barra never planned to become the most powerful CEO in the global auto industry. She just wanted to build things, fix things, and make them work better, whether it…
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