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Business

Oil Price Forecast Gets Boost on OPEC Output Cut Expectations

Oil Price Forecast Gets Boost on OPEC Output Cut Expectations

by Helena Taylor September 1, 2023

A consortium of 37 economists and analysts has made significant upward revisions to their 2023 oil price predictions, marking the first alteration in four months. The rationale behind this shift…

EU’s Russian LNG Imports Surge by 40% Despite Pledge to Cut Dependence: Study

EU’s Russian LNG Imports Surge by 40% Despite Pledge to Cut Dependence: Study

by Philip Harris August 31, 2023

New Report Reveals EU’s Increase in Russian LNG Purchases Despite Anti-War Rhetoric In the face of its commitment to reduce reliance on Russian gas due to the Ukrainian conflict, the…

Take-Two Interactive CEO Unveils Projected Timeframe for Arrival of ‘Grand Theft Auto VI’

Take-Two Interactive CEO Unveils Projected Timeframe for Arrival of ‘Grand Theft Auto VI’

by Philip Harris August 30, 2023

In an unprecedented revelation, Strauss Zelnick, the Chief Executive Officer at Take-Two Interactive, the parent conglomerate steering the ship of iconic game developer Rockstar Games, has pulled back the curtain…

Harassment Calls from China Target Japan over Fukushima Water Discharge

Harassment Calls from China Target Japan over Fukushima Water Discharge

by Vehement_Info August 29, 2023

Japan has raised concerns on Monday as it experiences a surge of “extremely regrettable” harassment phone calls, which are suspected to originate from China. These incidents have followed the recent…

Xpeng Forms Strategic Partnership with Didi, Bolsters Position in EV Market

Xpeng Forms Strategic Partnership with Didi, Bolsters Position in EV Market

by James Anderson August 29, 2023

In a strategic move that aims to secure its foothold in the electric vehicle (EV) market while fostering technological advancements, Xpeng Inc. has sealed a groundbreaking deal with Didi Global…

BYD Electronics Unit Acquires Jabil’s China Mobility Business for $2.2 Billion

BYD Electronics Unit Acquires Jabil’s China Mobility Business for $2.2 Billion

by Helena Taylor August 28, 2023

Beijing, August 28, 2023 (Reuters) – Chinese automaker BYD (SZ:002594) announced a significant development on Monday, revealing that its electronics subsidiary has successfully reached an agreement with the U.S.-based manufacturer…

Tata Sons Chairman, N Chandrasekaran, Urges Prudent Regulation of Generative AI

Tata Sons Chairman, N Chandrasekaran, Urges Prudent Regulation of Generative AI

by Helena Taylor August 25, 2023

In a notable move, N Chandrasekaran, the distinguished Chairman of Tata Sons, has voiced a compelling call for the regulation of generative artificial intelligence (AI). This call resonates as a…

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