Business News

Business

Elon Musk Accuses Terrorism in Devastating Fire at Tesla Dealership in Rome

A fire at a Tesla dealership in Rome destroyed 17 vehicles, with Elon Musk calling it terrorism. Investigations are ongoing, with suspicions of anarchist involvement.

Business

Nissan Shifts Strategy in India: Sells Chennai Plant to Renault but Vows to Stay Committed

Nissan sells its Chennai plant to Renault but remains committed to the Indian market, planning new model launches. Renault, on the other hand, eyes new investments and electric veh...

Business

AGI Greenpac Announces Rs 700 Crore Investment for Eco-Friendly Glass Container Plant in Madhya Pradesh

AGI Greenpac Limited is investing Rs 700 crore to establish a greenfield glass container plant in Madhya Pradesh, enhancing its capacity by 25% to meet the rising demand for sustai...

Business

Ankura Hospitals Secures Major Rs 165 Crore Investment from Asian Development Bank for Expansion

Ankura Hospitals, a Hyderabad-based healthcare provider, has received Rs 165 crore funding from the Asian Development Bank to expand its services and facilities across India, focus...

Business

Apple Hit with €150M Fine by France for Alleged Abuse of Market Dominance in iOS App Distribution

France fines Apple €150M for abusing its market dominance through the App Tracking Transparency feature, criticizing its implementation as disproportionate and harmful to small pub...

Business

Primark's Top Executive Paul Marchant Steps Down Following Conduct Investigation

Primark CEO Paul Marchant resigns after an investigation into his conduct with a female in a social environment, admitting to an error of judgment.

Business

Moderna Stocks Plunge Over 13% Premarket as FDA's Top Vaccine Official Peter Marks Resigns Under Pressure

Moderna Inc.'s shares dropped over 13% premarket after FDA's top vaccine official Peter Marks resigned under pressure from the Trump administration, highlighting the sensitive inte...

Business

AMD Bolsters AI Capabilities with Landmark $4.9 Billion Acquisition of ZT Systems

AMD has completed its $4.9 billion acquisition of ZT Systems, enhancing its AI solutions portfolio. The deal is expected to be accretive by year-end, with ZT's founder joining AMD'...