Tesla delivers 1.3M vehicles, 40% more compared to the sales of 2021

Tesla, the prominent electric carmaker based in the U.S., has reportedly announced the sales of over 1.3 million vehicles in 2022, over 40% more compared to the sales in 2021. The EV automaker, however, came up short of Wall Street's....

Oil prices hike as China curbs travel rules and US fights winter storm

Oil prices reportedly surged to record a three-week high as China lifted its zero-covid policy and extremely cold weather in the United States forced refinery closures along the critical Texas Gulf Coast. Brent crude rose 88 US cents, or....

Target to attract value-hungry buyers this holiday season to shoot up sales

Target, the well-known big-box department store chain based in the U.S., is reportedly hoping to revive its sales by attracting value-minded shoppers during the holidays. Apparently, Target now faces greater risks during the holiday shop....

EU accepts carbon market access for $21.3 billion in the energy shift

The European Union (EU) policymakers have reportedly agreed to raise nearly $21.3 billion (€20 billion) from the carbon market of that region, to support financing the bloc's strategy to alleviate its reliance on Russia for natural....

Vietnamese Vingroup’s subsidiary VinFast aims to go public in the U.S.

The automotive company, VinFast has reportedly stated that it has filed a registration statement with the U.S. Securities and Exchange Commission to go public next year. Earlier in March 2022, the firm declared its plans for a factory in....

Iterative Capital launches second fund for Southeast Asian startups

Iterative Capital, the venture capital firm, operating a YC-style accelerator program, has recently announced that it has secured $55 million for its Fund II from LPs (Limited Partners) like Cendana, Village Global, K5 Global, and Goodwater....

The Rohatyn Group acquires Ethos Private Equity, expands into Africa

The Rohatyn Group (TRG), a professional global asset management company focused on offering financial solutions in developing markets and real assets, has reportedly inked an agreement to buy Ethos Private Equity, a reputed alternative asse....

Joules on the verge of collapse, puts 1,600 employments at risk

Leicestershire-based firm Joules, which has 132 stores, revealed its intention to hire administrators after it failed to receive emergency funding. Joules reported last week that recent sales had been slower than expected. Many merchants....

Nvidia supplies new advanced chip for China that fits U.S. export laws

Nvidia Corp., a U.S. chip manufacturer, recently announced that it was now selling a new, high-tech chip in China that met the latest export control regulations, which are aimed at preventing China from obtaining advanced technology. N....

Maries County Bank chooses Jack Henry for comprehensive tech platform

The Maries County Bank has reportedly chosen American tech company Jack Henry to improve the digital experience of its customers and foster community development. The bank has been a part of the community since 1900, having strong ties w....