Business News

Business

TVS Motor Company Expands EV Dominance in Southeast Asia with ION Mobility Integration

TVS Motor Company is enhancing its electric vehicle (EV) presence in Southeast Asia by integrating ION Mobility's assets and IP, aiming to leverage the region's growing motorbike m...

Business

OpenAI Set to Revolutionize AI Conversations with ChatGPT-5 Launch in Coming Months

OpenAI CEO Sam Altman announces the upcoming launch of ChatGPT-5 and new GPT upgrades, highlighting improvements and challenges. The company also celebrates reaching 20 million pai...

Business

Nintendo Delays US Switch 2 Pre-Orders: Tariffs and Market Conditions to Blame

Nintendo has delayed the pre-order date for the Switch 2 in the U.S. due to tariffs and market conditions, while confirming the launch date remains June 5, 2025. The announcement f...

Business

Klarna Halts IPO Plans Amid Global Tariff Uncertainty: A Strategic Retreat?

Klarna, the Swedish fintech company, has paused its planned IPO due to the Trump administration's introduction of global tariffs, as reported by the Wall Street Journal. The move r...

Business

Exclusive: China Launches Anti-Monopoly Probe into DuPont China, Sending Shockwaves Through Markets

China's market regulator has launched an investigation into DuPont China for alleged violations of anti-monopoly laws, causing a significant premarket stock drop for Dupont De Nemo...

Business

BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins

BP plc has started the process to find a new chairman as Helge Lund plans to step down by 2026. The transition aims to ensure a smooth handover, with Lund emphasizing the timing su...

Business

Meta Prepares to Launch Llama 4 This Month Amid Performance and Competition Concerns

Meta Platforms Inc. is planning to release Llama 4, its new large language model, this month but may delay due to performance issues. The model underperforms in benchmarks, especia...

Business

Klarna Halts IPO Plans Amid Global Tariff Uncertainty: A Strategic Retreat?

Swedish fintech Klarna pauses its IPO amid global tariff changes, signaling a cautious approach in uncertain economic times. StubHub also delays its public offering, reflecting bro...