Economy
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Starbucks quarterly revenue falls on weak traffic in US and China
Starbucks’ revenue fell one percent in the April-June period as customer traffic weakened in the US and China. But the…
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Samsung electronics Q2 shows fastest growth in over a decade
Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices…
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Tesla recalls more than 1.8 million vehicles due to hood issue
Tesla is recalling more than 1.8 million vehicles because of a hood issue that could increase the risk of a…
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Tesla in US crash that killed motorcyclist was using full self-driving system
Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating…
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Saudi Arabia eyes lithium investment in Chile to boost EV battery production
Saudi Arabia’s Manara Minerals is looking at opportunities to invest in lithium production in Chile, mining minister Bandar Alkhorayaf said on…
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McDonald’s sales fall globally for first time since 2020
McDonald’s Corp. sales declined for the first time since 2020 in the second quarter, falling short of analyst expectations for…
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UK’s new government to restart trade talks with India, GCC
Britain’s new government said on Monday it was restarting talks aimed at securing free trade agreements (FTAs) with India and…
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Britain is ‘broke and broken,’ new government declares
Britain’s government declared the country was “broke and broken” ahead of an assessment of the public finances on Monday which…
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Lawmakers from six countries say Beijing pressuring them not to attend Taiwan summit
Lawmakers from at least six countries say Chinese diplomats are pressuring them not to attend a China-focused summit in Taiwan, in…
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US issues travel advisory for Lebanon as tensions disrupt flight schedules
The United States issued a travel advisory to its citizens in Lebanon on Sunday amid growing regional tensions that have disrupted flight…
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