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Category: Business News

25Feb

BMW, EU Discuss Minimum Pricing to Replace Tariffs on China-Made Mini EVs

BMW and the European Commission are in talks about a possible minimum pricing model that could replace EU tariffs on the German carmaker's Chinese-made Mini electric vehicles, Germany's Handelsblatt business…
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25Feb

Trump Tells Tech Giants to Build Own Power Plants for Data Centers to Shield Consumers from Rising Bills

President Donald Trump said on Tuesday during his State of the Union address that his administration has told major technology companies they must build their own power plants for their…
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24Feb

Paramount Skydance Tops Bid for Warner Bros Discovery, Eyes Netflix Deal Disruption

Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters on Monday, ratcheting up efforts to derail the HBO Max owner's deal…
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24Feb

Apple to Shift Some Mac Mini Production to Houston Facility

Apple will move some production of its Mac Mini desktop computer to the U.S. from Asia, with a new manufacturing effort set to begin later this year at a Foxconn…
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24Feb

Amazon to Invest $12B in Louisiana Data Centres

Amazon said it expects to invest $12 billion in Louisiana as part of a plan to build data centres in the Pelican State. The Seattle-based online retailer said the data…
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23Feb

US Supreme Court rejects Trump’s emergency-tariff powers ruling, major blow to tariffs.

The U.S. Supreme Court struck down Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, handing the Republican president a stinging defeat in…
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23Feb

Rolls-Royce Eyes $2B Share Buyback with Annual Results, Sky News reports

Rolls-Royce Holdings is expected to announce alongside its annual results this week that it will launch a fresh share buyback worth as much as 1.5 billion pounds ($2 billion), Sky…
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23Feb

Trump Defies Supreme Court, Slaps New 10% Global Tariff

U.S. President Donald Trump responded with fury to Friday's Supreme Court ruling that he lacked the power to unilaterally set tariffs on imports, denouncing individual justices as he vowed to…
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21Feb

AWS Hit by December Outage Affecting Cost Management Tool

Amazon's cloud unit AWS had suffered an outage impacting a cost-management feature in December, a spokesperson told on Friday. The Financial Times reported earlier that the service suffered two outages…
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21Feb

Tesla Launches Cheaper Cybertruck, Cuts Cyberbeast Price

Tesla unveiled a cheaper Cybertruck variant in the U.S. late on Thursday and slashed the price of its most-expensive model, Cyberbeast, as the electric-vehicle maker struggles to find buyers for…
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