Business News

Business

Klarna Halts IPO Plans Amid Global Tariff Uncertainty: A Strategic Retreat?

Swedish fintech Klarna pauses its IPO amid global tariff changes, signaling a cautious approach in uncertain economic times. StubHub also delays its public offering, reflecting bro...

Business

OpenAI's ChatGPT-5 Set to Revolutionize AI Chatbots with Upcoming Release

OpenAI CEO Sam Altman announces the upcoming release of ChatGPT-5 and new GPT upgrades, highlighting development challenges and the company's recent milestone of 20 million paid su...

Business

Honda Collaborates with US Firms to Pioneer Fuel Cell Technology on the ISS for Future Lunar Missions

Honda partners with Sierra Space and Tec-Masters to test a water electrolysis system on the ISS, aiming to develop a fuel cell system for lunar missions and Earth's sustainable tec...

Business

Nintendo Delays U.S. Switch 2 Pre-Orders: Tariffs and Market Conditions to Blame

Nintendo has delayed the U.S. pre-orders for the Switch 2 console due to recent tariffs and market conditions, while keeping the launch date unchanged. The company promises updates...

Business

OpenAI's ChatGPT-5 Set to Revolutionize AI Chatbots with Upcoming Launch in Months

OpenAI CEO Sam Altman announces the upcoming launch of ChatGPT-5 and upgrades to its AI models, o3 and o4-mini, highlighting the challenges and excitement in AI development. The co...

Business

Nintendo Delays U.S. Switch 2 Pre-Orders Amid Tariff Uncertainty, Launch Date Remains Unchanged

Nintendo delays U.S. pre-orders for the Switch 2 due to tariff concerns, but the launch date remains June 5, 2025. The company is assessing the impact of tariffs on pricing and mar...

Business

BP Chairman Helge Lund Announces 2026 Departure, Board Begins Search for Successor

BP plc has begun searching for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic growth and shareholder va...

Business

China Launches Anti-Monopoly Investigation into DuPont China, Stock Prices Tumble

China's market regulator has started an anti-monopoly investigation into DuPont China, suspecting violations of the law. The news led to a significant drop in DuPont's US-listed st...