Category: Business

In a significant pivot from previous policies, the U.S. government, under the current administration of President Donald Trump, has expressed its intention to acquire an equity stake in Intel Corporation. This move aims to convert cash grants allotted during former President Joe Biden’s tenure into equity, marking a strategic shift in government interaction with one…

In a significant escalation of labor disputes within the Canadian aviation sector, Air Canada has grounded hundreds of flights as its unionized cabin staff commenced a strike early Saturday morning. This drastic measure follows the breakdown of wage negotiations between the airline and the Canadian Union of Public Employees (CUPE), which represents the 10,000 flight…

In a striking move that could reshape the landscape of the American technology industry, the US government is reportedly in talks to acquire an equity stake in Intel Corporation. This development follows closely on the heels of President Donald Trump’s call for Intel CEO Lip-Bu Tan to step down due to his past investments in…

In a significant development that could reshape the global oil market landscape, OPEC+, a coalition of oil-producing nations including Saudi Arabia and Russia, has decided to increase oil production starting September. This move comes amidst threats from former U.S. President Donald Trump to impose tariffs on Russian crude buyers, adding layers of complexity to an…

Introduction After a spike in car purchases driven by fears of impending tariffs, the US automotive market is experiencing a notable slowdown. Major car manufacturers such as Ford, GM, and Volvo are facing substantial financial challenges due to tariff-related costs and a general decline in consumer spending power. This downturn has important implications for the…

In a significant development that could reshape the dynamics of the global oil market, the OPEC+ alliance, comprising key oil-producing nations including Saudi Arabia and Russia, has decided to increase oil production starting September. This decision comes amid concurrent geopolitical moves by U.S. President Donald Trump, who has proposed tariffs specifically targeting buyers of Russian…

South Korean Crypto Mogul Do Kwon Pleads Guilty in Historic $40 Billion Fraud Case Published on: December 14, 2023 In a startling development that has sent shockwaves through the global financial and cryptocurrency sectors, South Korean entrepreneur Do Kwon, founder of Terraform Labs, has officially pleaded guilty to charges of fraud at the Southern District…

U.S. Tariffs Threaten to Cripple India’s Dominant Diamond Industry The recent announcement by President Donald Trump to impose a 50% tariff on imports from India has sent shockwaves through the global diamond industry. This decision is poised to severely disrupt the operations of India’s diamond sector, which employs over two million workers and contributes significantly…

Introduction: A Shift in Consumer Sentiment In the bustling city-state of Singapore, a significant transformation is underway regarding the perception of Chinese brands. Once predominantly viewed as producers of inferior, low-cost alternative products, Chinese companies have begun to overturn this stereotype, rebranding themselves as manufacturers of high-quality, innovative goods. This shift is not just reshaping…

Perplexity AI Proposes a Bold $34.5 Billion Bid to Acquire Google Chrome Published On 12 Aug 2025 In a surprising development, Perplexity AI, a burgeoning AI technology firm, has made a staggering $34.5 billion all-cash offer to acquire Google Chrome, the widely used web browser owned by Alphabet Inc. This bold move comes as Perplexity…