
Russia's Gas Transit Halt Through Ukraine Signals Europe’s Break From Decades of Reliance
Jan 01, 2025 20:15 pm UTC| Economy
The transit of Russian gas through Ukraine officially stopped on New Years Day, ending decades of Moscows dominance in Europes energy markets. The halt follows Ukraines refusal to renew the deal, pushing Europe closer to...

Venezuela Tops 9% Economic Growth in 2024 with Hydrocarbons Boosting a Historic Recovery Year
Jan 01, 2025 19:53 pm UTC| Economy
Venezuela surpassed 9% economic growth in 2024, President Nicolas Maduro announced, crediting the hydrocarbons sector for its crucial role in driving recovery. The nation shows signs of progress as it tackles ongoing...

Xiaomi SU7 Debuts Striking New Color for 15th Anniversary as EV Demand Surges
Jan 01, 2025 05:47 am UTC| Economy Technology
Marking its 15th anniversary, Xiaomi introduces a striking new red color for the SU7 EV, launching January 1 for $1,230. Production ramps up as demand for the model grows in China. Xiaomi SU7 Gains Limited Edition Color...

Tesla Secures $98.7 Million Land Deal for Giga Mexico to Boost Cybercab Manufacturing Potential
Jan 01, 2025 05:28 am UTC| Economy Technology
Tesla has purchased 1,194 hectares across four properties in Nuevo Leon, Mexico, for $98.7 million. The investment reflects Teslas strategy to enhance its manufacturing capabilities, with potential ties to its ambitious...

Puerto Rico in Darkness Again as Grid Failure Hits New Year’s Eve Festivities
Jan 01, 2025 03:41 am UTC| Economy
A power grid failure plunged Puerto Rico into darkness on New Years Eve, leaving millions without electricity during a key holiday. LUMA Energy confirmed a suspected underground line failure, with full restoration efforts...

Nippon Steel Offers Veto Power to US Government to Secure Approval for US Steel Deal
Jan 01, 2025 03:30 am UTC| Economy Business
Nippon Steel is offering the U.S. government veto authority over production cuts at U.S. Steel mills, as part of its efforts to gain approval for its acquisition of the American steelmaker. President Joe Biden has until...

Nvidia Seals $700 Million Runai Deal, Navigating Antitrust Scrutiny to Expand AI Ecosystem Dominance
Dec 31, 2024 21:49 pm UTC| Economy Technology
Chipmaker Nvidia has finalized its $700 million acquisition of Israeli start-up Runai, overcoming regulatory scrutiny in the EU. The move cements Nvidias leadership in the AI graphics processing sector while promising...