Business News

Microsoft to invest $1.5bn in AI firm in UAE, take board seat
2024-04-16 10:51:34
Microsoft is to invest $1.5 billion in the United Arab Emirates artificial intelligence firm G42, taking a minority stake and a seat on the board, the companies said on Tuesday.
Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades
2024-04-16 08:17:28
The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month.
Nissan says it will make next-generation EV batteries by early 2029
2024-04-16 08:17:28
Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant.
Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
2024-04-16 07:36:58
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.
The airline industry's biggest climate challenge: A lack of clean fuel
2024-04-16 07:36:09
In a glimmer of progress for the daunting task of reducing air travel's climate impact, a newly built plant in rural Georgia is expected to begin pumping out the world's first commercial quantities of a new type of cleaner jet fuel this month.
Hong Kong conditionally approves first bitcoin and ether ETFs
2024-04-16 07:36:09
Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of cryptocurrencies as investment tools.
Lufthansa reports loss, cuts outlook after strikes
2024-04-16 07:36:09
German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.
【双语财讯】多家跨国企业看好中国市场潜力 抢抓“消博会”机遇 加码投资中国
2024-04-16 03:51:09
多家跨国企业看好中国庞大的消费市场潜力,将继续加码投资中国,期待借消博会进一步融入中国市场,共享中国发展机遇。
‎《China Daily Podcast》-《英语新闻丨German chancellor begins visit with Chongqing tour》- Apple 播客
2024-04-16 03:42:11
‎《China Daily Podcast》-《英语新闻丨German chancellor begins visit with Chongqing tour》- 2024年4月15日
Visit set to bolster firms' morale
2024-04-16 03:38:52
German Chancellor Olaf Scholz's eye-catching China visit will boost the confidence of German businesses in expanding their presence in the Chinese market, analysts said.
Tesla (TSLA) to lay off 10% of employees
2024-04-15 23:21:37
CEO Elon Musk says Tesla needs to reduce costs and increase productivity.
Global North energy outsourcing demands more attention, researchers say
2024-04-15 22:21:33
Manufacturing nations in the Global North are stockpiling energy and emission problems by outsourcing energy-intensive industrial processes to countries in the Global South, a new study reveals.
Microsoft, beset by hacks, grapples with problem years in the making
2024-04-15 20:20:27
The world's largest seller of cybersecurity products has a problem with its own cybersecurity.
Receive a $40 Digital Costco Shop Card when you sign up for a new membership with this exclusive promo code
2024-04-15 17:19:48
Receive a $40 Digital Costco Shop Card when you join as a new member at Costco.com when entering PARA24 at checkout.
What will happen to mortgage rates after the Fed's April meeting? Expert predictions vary
2024-04-15 17:19:28
Any number of mortgage rate changes could occur after the Fed's upcoming meeting, experts say.
The best H&R Block DIY income tax filing options for last-minute filers in 2024
2024-04-15 16:53:08
Filing your income taxes in 2024 can be confusing, but it doesn't have to be. H&R Block makes it easy.
Tesla plans to lay off more than 10% of workforce as sales slump
2024-04-15 16:02:37
"It must be done," Tesla CEO Elon Musk said in a memo about the layoffs sent to employees on Sunday.
Imposter signs fake agreement on behalf of Li Auto with Uzbekistan dealership · TechNode
2024-04-15 15:27:53
Chinese electric vehicle maker Li Auto said on April 13 that it has no plans at the moment to begin selling plug-in hybrid electric vehicles (PHEVs) in
Tesla is reportedly laying off ‘more than 10 percent’ of its workforce, loses top executives
2024-04-15 15:25:17
At least 14,000 employees are believed to be impacted.
Adobe Premiere Pro is getting generative AI video tools — and hopefully OpenAI’s Sora
2024-04-15 15:25:17
Those third-party integrations aren’t guaranteed, though.

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