
Tesla car revealed to have a rat problem as rodents ate away its cable wirings
Jul 13, 2021 09:36 am UTC| Business Economy
Tesla is one of the best-selling electric cars today, even though it is quite expensive. Now, a unique story came up, and it was shared that one owner of the EV car had to spend thousands of dollars more as her unit was...

Nordstrom acquires stake in UK's premier fashion brands Topshop, Topman
Jul 13, 2021 08:55 am UTC| Business Economy
Nordstrom announced last weekend that it has purchased a minority stake in four leading clothing lines that are owned by UKs online fashion house Asos. The American luxury department store chain acquired stakes in...

Jul 13, 2021 08:29 am UTC| Business Economy
Tencent Music is reportedly facing a hefty fine and may lose its exclusive rights to its own music label. According to sources, Chinas anti-trust regulators are likely to order the company to release its rights to its...

Microsoft acquiring RiskIQ as threats on cybersecurity escalates
Jul 13, 2021 07:26 am UTC| Business Economy
Microsoft revealed on Monday, July 12, that it will acquire RiskIQ, a cyber security company based in San Francisco, California. The announcement comes as ransomware and cyber attacks have become rampant...

ByteDance reportedly drops IPO plans after meetings with Chinese regulators
Jul 13, 2021 06:09 am UTC| Business Economy
ByteDance Ltd., the parent company of TikTok, reportedly halted its plans to go public and list offshore. The Dow Jones reported that the plan was indefinitely scrapped earlier this year after the firm was told to tackle...

Hyundai, Kia to develop electrolysis system for green hydrogen production with Canadian firm
Jul 13, 2021 00:14 am UTC| Economy Nature
Hyundai Motor Co. and its affiliate Kia Corp. would jointly develop and commercialize a water electrolysis system for green hydrogen production with Canadian electrolyzers manufacturer Next Hydrogen Solutions Inc. Under...

Hyundai Steel, POSCO demand 64% price hike for ship steel plates
Jul 13, 2021 00:09 am UTC| Economy Business
South Koreas largest steelmakers, POSCO and Hyundai Steel Co. are demanding that the ship steel plate prices be increased to 1.15 million won per ton in the second half, up 64 percent from 700,000 won in the first...