Breaking 16:18 Gulf sovereign funds deploy 25 billion dollars amid Iran war shock 16:00 United States to Re-engage with Gavi vaccine alliance amid Ebola outbreak, Rubio says 15:40 Global markets rise as artificial intelligence optimism drives rally 14:15 Mastercard appoints Ling Hai as CFO in major leadership reshuffle 14:00 Cisco launches AI-powered tools to strengthen cybersecurity defenses 12:15 Meghan Markle faces backlash over $256 candles after earlier criticism of luxury pricing 11:30 Los Angeles marks 100 years of Marilyn Monroe with exhibitions, auctions and fan tributes 11:23 Venezuela oil exports rise to 1.25 million barrels daily in May 11:03 Qualcomm welcomes Nvidia entry into Arm laptop PC market 11:00 Morocco World Cup 2026 matches to be broadcast free-to-air by SNRT 10:58 Fulcrum Therapeutics shares plunge after halting sickle-cell drug over FDA safety concerns 10:41 World prepares as El Niño conditions strengthen in Pacific 10:30 HPE shares surge 29% as artificial intelligence boom drives strong server demand 10:20 Jtekt includes Morocco plant in European asset sale deal 10:00 Estée Lauder remains open to acquisitions after Puig talks collapse, CEO says 09:45 Euro struggles to expand global role despite uncertain U.S. policy, ECB report finds 08:56 Analysts warn OPEC+ disruptions in Hormuz to last through 2026 08:45 Kenya defends U.S.-backed Ebola quarantine facility amid public concerns 08:38 South Korea overtakes India to become sixth-largest stock market 08:31 AI-driven rally pushes global markets to record highs amid Iran tensions 08:30 British American Tobacco raises growth outlook for smoke-free products 08:20 Massive Attack turns 2026 world tour into anti-surveillance critique of Palantir 07:36 Russian strike sets Kyiv residential buildings ablaze 07:20 Frederiksen secures third term with new Danish coalition 07:01 Japan urges Iran to reopen Hormuz Strait amid nuclear talks

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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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