Business
Rory McIlroy and Investment Giant TPG Team Up for Sports Venture
Fresh off finally securing a career grand slam with a thrilling win at the Masters, Rory McIlroy, the world’s second-ranked golfer, is…
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Business
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Tesla chair denies plans to look for new CEO to replace Musk
Tesla chair Robyn Denholm on Thursday (May 1) denied a Wall Street Journal report that said board members had reached out to executive…
Business
In an Uncertain Economy, McDonald’s Sees Spending Decline
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw…
Business
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already…
Business
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion…
Business
Auto Shanghai 2025: Huawei’s ‘Auto Wintel’ ecosystem – reshaping China’s smart vehicle industry
Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April - 2 May 2025 and GlobalData…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
Column: The 'USA' brand was 250 years in the making. It took just 100 days to trash it
Ken Griffin, one of the billionaire donors who’d convinced themselves that President Trump wouldn’t do some things he campaigned to do,…
Business
BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to…
Business
Tesla sales sink again in France, Denmark amid anti-Musk protests
Tesla sales fell in France for a fourth straight month in April and also dropped in Denmark, data showed on Thursday (May 1), the latest…
Business
Why the trees behind shea butter beauty cream are under threat
A former biology teacher-turned-environmentalist is on a crusade in Uganda to save the once-flourishing trees from which shea butter is…
Business
Nio delivers 53% more vehicles in April following Firefly brand launch
The EV maker officially launched its lower-priced Firefly brand in China on Apr 19, with plans to gradually reach global markets Chinese…
Business
European Defence Fund funnels money to drones, hypersonic defense, AI
PARIS — The European Union’s executive arm picked 62 defense projects for a combined €910 million ($1 billion) in financing in the latest…
Business
Telegram weighs US$2 billion bond sale to refinance 2021 debt
[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance…
Business
Bank of Japan keeps rates steady, cuts growth forecasts
The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Tesla board opened search for a CEO to succeed Elon Musk: report
Tesla board members about a month ago reached out to several executive search firms to find a successor for CEO Elon Musk, The Wall Street…
Business
Robinhood tops quarterly profit estimates as volatility fuels trading volumes surge
Retail trading platform Robinhood’s first-quarter profit more than doubled and beat analysts’ estimates on Wednesday (Apr 30), driven by a…
Business
Amazon to invest US$4 billion to expand rural delivery network in US
The investment will grow its rural delivery network to more than 200 delivery stations and create 100,000 jobs, the company says…
Business
Couche-Tard clinches deal to deepen Seven & i Takeover talks
Alimentation Couche-Tard and Seven & i Holdings have signed a non-disclosure agreement that will give the Canadian company access to the…
Business
Canadian firm advances deal talks for Japan’s Seven & i with access to books
Alimentation Couche-Tard (ACT) and Japan’s Seven & i said that they have signed a non-disclosure agreement (NDA) that will give the…
Business
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions…
Business
Yankees Could Poach $50M Silver Slugger From Mets in Blockbuster Trade
By Aaliyan Mohammed is a Newsweek contributor based in Atlanta, GA. His focus is MLB content. Aaliyan has been with Newsweek since 2024…