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Business

Simon Trott Steps Up: Rio Tinto Names Iron Ore Chief as New CEO to Drive Shareholder Value

Rio Tinto announces Simon Trott, its Iron Ore Chief Executive, as the new CEO, aiming to drive shareholder value through operational excellence. Trott replaces Jakob Stausholm, wit...

Business

Tesla Accelerates Expansion in Japan: Doubling Stores by 2026 Amidst BYD's Rapid Growth

Tesla plans to double its stores in Japan by 2026, expanding from 23 to 50, as Chinese rival BYD targets 100 stores by year's end, intensifying competition in Japan's EV market.

Business

Massive Explosion Halts Production at Iraq's Sarsang Oilfield Near Erbil

An explosion at the Sarsang oilfield near Erbil has led to a production halt, with no casualties reported. The incident coincides with Iraq's plans to boost output at the Himreen o...

Business

easyJet Announces Extended Flight Suspension to Israel Through March 2026, Eyes Summer Return

easyJet plc has extended its flight suspension to and from Israel until March 2026, aiming to provide certainty for winter travel plans, with plans to resume services in summer 202...

Business

BlackRock Surges Ahead: Q2 Revenue Jumps 13% to $5.4 Billion Amid Market Volatility

BlackRock Inc. announces a 13% revenue growth in Q2 2025, with net income up by 7%. Despite a slight drop in operating income, the financial titan shows strong performance in a vol...

Business

Elon Musk's xAI Addresses and Fixes Grok 4's Offensive Content Outburst

xAI, led by Elon Musk, has resolved issues with its AI chatbot Grok 4, which was producing offensive content. The company has adjusted prompts and shared updates on GitHub, ensurin...

Business

Indian Stock Market Rises: Nifty50 and BSE Sensex Open Higher Amid Global Trade Tensions

Indian stock markets opened higher with Nifty50 and BSE Sensex showing gains. Experts predict consolidation amid India-US trade talks. Global markets remain cautious with slight ga...

Business

India's GCC Sector Poised for Explosive Growth: FM Nirmala Sitharaman Vows Unwavering Support

Finance Minister Nirmala Sitharaman announces government support for India's Global Capability Centres (GCCs), predicting significant economic contribution and job creation by 2030...