Inside North Korea’s Failing Coal Mines: 50-Year-Old Equipment, Production CrashesDespite the government's propaganda, many coal mines struggle with production delays due to outdated equipment.
Tesla Defies Job Cut Trends by Offering 500 Full-Time Positions in GermanyTesla will convert 500 temporary workers to permanent positions at its German Gigafactory, boosting job stability amid criticism.
Bill Gates Funds Next-Gen Wind Power That Could Slash Costs by 25%Bill Gates invests in wind power startup Airloom Energy, which raised $13.75 million to develop innovative vertical blade technology.
Tesla Hits Record 249K Deliveries in China Amid EV Subsidy SurgeAt a rally in Pennsylvania, Trump and Musk celebrated Tesla's record deliveries in China while excitement grows for the robotaxi reveal.
Could Higher Interest Rates Be Good News for Bank Stocks? Analysts Weigh InAnalysts believe rising U.S. interest rates could benefit bank stocks, anticipating steady earnings amid a soft landing expectation.
NVIDIA Overtakes Microsoft: Now the World’s Second-Largest CompanyNVIDIA reclaims its position as the world’s second-largest company, surpassing Microsoft amid growing demand for artificial intelligence.
China’s BYD and Tesla Battle for EV Supremacy as Global Sales Hit 10 MillionBy August this year, the global number of registered EVs has approached 10 million, marking a 20% increase compared to last year.
Oil Jumps Over 3% as Fears of Instability in the Middle East GrowGlobal oil prices surge as Brent crude tops $80 per barrel amid rising tensions in the Middle East following Iran's missile attack.
$2.1 Trillion Needed by 2050 to Meet Raw Material DemandBy 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
Buffett Goes All-In on Japan with New Samurai Bond IssuanceWarren Buffett leads Berkshire Hathaway in a second Samurai bond issuance, emphasizing a strategic focus on Japan's market.
$5 Billion Fallout Expected as U.S. Dockworkers Launch Historic Port StrikeDockworkers' strike threatens U.S. ports, significantly risking $5 billion economic fallout and disrupting global supply chains.
NVIDIA Stock Dips: Is This the Perfect Time to Buy?Analysts have identified a potential buying opportunity for NVIDIA (NVDA) following a recent dip in AI momentum.
Domestic First: China Urges Firms to Skip NVIDIA and Buy Local SemiconductorsChina urges its businesses to favor domestic semiconductor chips over NVIDIA's AI processors to bolster its chip industry.
Shockwaves in EV Market: EU Eyes Up to 45% Tariff on Chinese ImportsThe EU plans to vote on tariffs up to 45% on Chinese electric vehicles, with member states negotiating to avoid them.
Middle East-North Africa Strengthens Its Position with 7.5% of Global Crypto TradesMENA region has played a significant role in the crypto market. From July 2023 to June 2024, it represented 7.5% of total trading volume.
US Job Market Shows Signs of Recovery with Lower New Jobless ClaimsOn Thursday, the U.S. Department of Labor reported that new unemployment claims totaled 218,000 from September 15 to 21.
Jerome Powell Sounds the Alarm: Lessons from the 2014 Treasury Market ShockPowell emphasized Treasury market volatility and collaboration among financial institutions at the 2024 U.S. Treasury Market Conference.
Canada vs. China: Trade War Heats Up with New Chinese Investigation into Tariff PoliciesThe Chinese government has retaliated against Canada's decision to impose new tariffs on Chinese-made EVs, aluminum, and steel.
High-End Knockoffs Thrive in China Amid Rising Economic ChallengesHigh-end counterfeit products are gaining popularity in China as consumers turn to cheaper alternatives amid economic decline.
Warren Buffett Cashed in $9 Billion by Offloading Bank of America StakesWarren Buffett's Berkshire Hathaway has profited $9 billion since July, selling more Bank of America shares while maintaining a 10.5% stake.
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