Breaking 13:00 Airlines raise fares and cut flights as jet fuel prices surge 12:10 Hezbollah launches 600 projectiles at Israel in 24 hours, a record doubled 12:00 Cuba seeks Vatican help to ease U.S. oil embargo 11:45 TSX futures fall as Trump extends Hormuz deadline amid market uncertainty 11:20 Tesla gains fade amid delivery worries despite Europe rebound 11:15 Mercosur and Canada edge closer to free-trade deal with April negotiations 11:00 TotalEnergies drops 2050 carbon neutrality goal over slow global transition 10:40 Musk plans 30% retail allocation for SpaceX IPO 10:20 Iran conflict triggers mass tourism cancellations in eastern Mediterranean 10:02 Iran claims one million fighters ready for U.S. ground invasion 09:20 Rapid7 uncovers Chinese 'dormant cells' in telecom networks 08:55 Nvidia shares drop amid TurboQuant fears and lawsuit pressure 07:50 Studies pinpoint Sun's magnetic engine deep below surface 07:30 UAE signals readiness to join multinational effort to reopen Strait of Hormuz 07:00 UN security council holds closed-door meeting on Iran at Moscow’s request 16:50 Markets plunge as Pentagon eyes decisive strike on Iran 16:20 Dollar holds steady as Iran conflict reshapes Fed rate outlook 16:00 Pakistan confirms role in US-Iran indirect talks 15:20 Iran earns $139 million a day from oil as Hormuz crisis boosts revenue 15:12 FIFA opens last-minute World Cup 2026 ticket sales on April 1 15:00 Al Jaber calls Iran's Strait of Hormuz blockade "economic terrorism" during U.S. tour


Hyundai issues stop sale for some 2026 Palisade SUVs after safety incident

Automaker Hyundai Motor Company has temporarily halted sales of certain 2026 models of the Hyundai Palisade in United States and Canada following a safety concern involving the vehicle’s power seat system. The company announced that a stop-sale measure has been introduced for specific Palisade......

Audi reshuffles global leadership as part of strategic reorganization

Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive......

Musk says Tesla will lead global autonomous vehicle market

Tesla chief executive Elon Musk said Sunday that he expects the company to command the largest fleet of autonomous vehicles “as far as I can imagine into the future,” as the electric carmaker expands its early stage robotaxi service across the United States. Musk made the remarks on X, the......

Nissan forecasts $4.2 billion annual loss amid restructuring

Nissan said it expects a net loss of 650 billion yen, or about $4.2 billion, for the fiscal year ending in March as the Japanese automaker grapples with US tariffs and an extensive global restructuring program. The company also reported a 44 percent drop in third quarter operating profit to 17.5 billion......

Volvo CEO predicts EVs cheaper than gas cars by 2030

Volvo CEO Håkan Samuelsson forecasts that electric vehicles will "very likely" cost less than gasoline-powered cars within five years. Speaking at a press event in Gothenburg, Sweden, this week, he highlighted his company's already profitable EV lineup and upcoming manufacturing advances......

Automobile: the EU steps back from a full electric ban by 2035

The European Union has decided to soften its plan to impose a full transition to electric vehicles by 2035, amid growing difficulties faced by the automotive industry across Europe. The decision, announced on Tuesday, reflects a more flexible and pragmatic approach rather than a complete reversal of......

Morocco accelerates EV production to lead regional electric vehicle market

Morocco is set to experience substantial growth in its electric vehicle (EV) sector, driven by local production expansion and government incentives. Analysts from BMI, a FitchSolutions company, predict a sharp rise in EV adoption, supported by new models, competitive imports, and increasing investments......

Tesla recalls over 63,000 Cybertrucks to fix lighting defect

Tesla has issued a recall for 63,619 Cybertrucks in the United States due to an issue with overly bright front parking lights, which could pose a safety risk to oncoming drivers. The vehicles, produced between November 13, 2023, and October 11, 2025, will receive a free over-the-air (OTA) software update......

Tesla’s electric vehicle sales halved in Europe

Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......

Ford Raises Prices on Mexico-Made Models amid US Tariff Impact

Detroit, May 7— Ford Motor Company has announced a price increase for three of its vehicle models manufactured in Mexico, effective from May 2. This move makes Ford one of the first major automakers to raise prices in response to new tariffs imposed by U.S. President Donald Trump. According to......

Stellantis Halts 2025 Outlook amid Tariff Uncertainty

Stellantis, the multinational company behind brands such as Jeep, Ram, Opel, and Dodge, has suspended its 2025 financial forecast due to rising concerns over shifting tariff regulations. Despite reporting a 14% year-on-year decline in revenue for the first quarter falling to €35.8 billion ($40.7......

The Rush to Buy Cars in Detroit Amid Tariff Concerns

The looming auto tariffs imposed by U.S. President Donald Trump are driving a surge in car sales in Detroit, as consumers rush to buy vehicles before potential price hikes. Jerry Chen, who recently purchased a Toyota Highlander with his family, is among those who decided to buy sooner than planned, fearing......

Trump’s tariffs on Chinese parts halt Tesla’s Cybercab and Semi plans

Tesla’s plans to import components from China for its new Cybercab and Semi electric truck models have been put on hold due to rising tariffs imposed by former President Donald Trump, according to a source familiar with the matter. These tariffs, introduced as part of an ongoing trade war with......

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