Business News

Business

Maersk's Major Move: APMH Launches a $1.3 Billion Bid to Fully Acquire Svitzer

AP Moller Holding, Maersk's primary shareholder, has proposed a $1.3 billion bid to fully acquire Svitzer, the tugboat operator, aiming to increase its current 47% stake. Svitzer, ...

Business

Heathrow Airport's Power Outage Predicted: Warnings Ignored Before Major Disruption

Heathrow Airport faced a full-day closure due to a power outage, following ignored warnings about electrical substation vulnerabilities. The incident, caused by a substation fire, ...

Business

Tesla China Sees Dramatic March Sales Surge to 78,828 Vehicles, Yet Faces Yearly Decline

Tesla China experienced a notable increase in vehicle deliveries in March 2025, with 78,828 units sold, up from February's 30,688 but down 11.5% year-over-year. The CPCA also repor...

Business

Stellantis Announces Voluntary Job Cuts in Southern Italy: Over 350 Positions Affected

Stellantis has agreed to cut 350 jobs in southern Italy, targeting employees near retirement. The cuts include 300 positions at Pomigliano and 50 at Pratola Serra, as part of the c...

Business

Economist Poonam Gupta Makes History as New RBI Deputy Governor: A Look at Her Stellar Career

Poonam Gupta, Director General of NCAER, appointed as RBI Deputy Governor for three years. With a rich background in economic policy and roles at IMF and World Bank, her appointmen...

Business

Samir Arora Reveals: The True Threat to Indian Markets Beyond Trump's Tariffs

Samir Arora, founder of Helios Capital, warns that the Indian stock market faces a greater threat from a potential US economic downturn than from Trump's tariffs. With new tariffs ...

Business

Stellantis Announces Voluntary Job Cuts in Southern Italy: Over 350 Positions at Risk

Stellantis has agreed with trade unions to cut 350 voluntary jobs in southern Italy, targeting employees nearing retirement at Pomigliano and Pratola Serra plants, as part of its o...

Business

Tesla's March Surge in China: A Closer Look at the 78,828 Vehicle Deliveries

Tesla Inc. delivered 78,828 vehicles in China in March, a significant increase from February but down 11.5% year-over-year. The CPCA also reported 137,200 units sold domestically i...