Business
Volkswagen planning to cut up to 100,000 jobs globally
Volkswagen is weighing a reduction of up to 100,000 jobs to address declining profits and operational costs that remain higher than those of rival manufacturers. The proposed restructuring includes potential factory closures and significant production cuts, facing strong opposition from labor unions.
Geely to launch E2 electric hatchback in South Africa this April
Geely is set to introduce its E2 electric hatchback to South Africa in 2026 as it aims to increase its market share. The vehicle will compete with budget-conscious models like the BYD Dolphin Surf.
Paramount Sued By States In Bid to Block $111 Billion Warner Bros. Merger
Twelve state attorneys general have filed an antitrust lawsuit seeking to freeze the $111 billion merger between Paramount, Skydance, and Warner Bros. Discovery. The complaint alleges the deal would concentrate excessive market control over theatrical films and basic-cable licensing.
Oil prices surge and Nasdaq futures slide after US and Iran exchange strikes
Global financial markets face volatility as military engagement near the Strait of Hormuz drives up oil prices and creates downward pressure on equities.
Oil prices surge as US-Iran strikes intensify, raising fears over Hormuz shipping
Global energy markets are experiencing increased volatility as military escalations between the U.S. and Iran threaten maritime trade in the Strait of Hormuz.
Kathy Hochul faces challenge boosting low approval despite budget wins
Governor Kathy Hochul is planning statewide events to highlight her budget’s impact as potential primary and general election challengers emerge. Despite securing key legislative wins, the governor faces ongoing skepticism from a divided electorate.
Flawed workplace disciplinary hearings cost UK economy £28.5bn annually
New research indicates that rigid disciplinary procedures and unresolved workplace conflicts cost the UK economy £28.5 billion annually. Experts are now advocating for early resolution to prioritize employee well-being and reduce significant economic waste.
Regional property markets outpace capitals as hotspots shift
As capital city property values soften, regional Australia is emerging as a resilient alternative for homebuyers seeking better value and livability. Recent data shows regional areas matching or outpacing capital city growth rates and rental performance.
NGX and CSCS leaders meet FTSE Russell to address market status concerns
Leadership from the Nigerian Exchange Group and the Central Securities Clearing System are in London to discuss index status concerns with FTSE Russell. The talks aim to address operational challenges international investors face following Nigeria's transition to a T+1 settlement cycle.
Elon Musk sides with Apple in trade secret lawsuit against OpenAI
Elon Musk has supported Apple in its trade secret lawsuit against OpenAI, which alleges the theft of proprietary hardware secrets and designs. The legal action adds further uncertainty to OpenAI's corporate governance and strategic plans.
Solar experts debate benefits and hurdles of car park energy projects
Solar canopies over parking infrastructure are being explored as a method to generate renewable energy near high-demand areas. This approach faces various economic and logistical hurdles, alongside ongoing discussions regarding policy and grid integration.
Mark Lanier wins landmark lawsuit against Meta and Google over addiction
A jury found Meta and Google liable for engineering platforms as addictive products, rejecting defenses that focused on the plaintiff's personal background. This ruling establishes a legal precedent focusing on design-based liability rather than content moderation.
Kaitlin Palmieri discovers late fiancé led double life after wedding death
Following the sudden death of her fiancé, Kaitlin Palmieri discovered evidence of a secret, long-term relationship he maintained for years.
Linguists trace historical roots to determine the oldest English accent
Linguists are moving beyond popular assumptions to explore how regional dialects preserve ancient linguistic features that predate modern standard English.
BMW recalls nearly 11,000 cars in SA over starter-motor fault
BMW South Africa has initiated a safety recall for 10,961 vehicles across several model lines due to a starter motor defect that may cause overheating.
RIL plans CBM development to boost gas output
Reliance Industries is expanding coal bed methane extraction in Madhya Pradesh with a 580-well project to bolster domestic natural gas supply. This development supports India's goals to increase the share of gas in the national energy mix.
Apple sues OpenAI over alleged theft of iPhone hardware designs
Apple filed a federal lawsuit against OpenAI, claiming the company stole trade secrets from former Apple engineers to accelerate its AI‑powered hardware plans.
How Aldi is taking on US supermarkets with its $4 almond butter
How Aldi is taking on US supermarkets with its $4 almond butter
Maybank offering up to 192,000 bonus miles for foreign currency ...
Maybank has launched a limited‑time Visa promotion that lets cardholders earn up to 192,000 bonus miles on foreign‑currency spending. The offer runs from 3 July to 30 September 2026 and includes a range of cards, fees, and potential savings with the Wise card.
10 Things Home Safety Experts Always Do Before Leaving for Vacation
Ensure your home is secure and energy-efficient before traveling with these expert-recommended practices for property protection and grid coordination.