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Business

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Nikola Corp files for Chapter 11 bankruptcy amid EV industry struggles
Nikola goes bankrupt, to sell assets in the latest EV market turmoil

COOLIDGE, Arizona: Nikola Corporation has filed for Chapter 11 bankruptcy protection, marking another major collapse in the struggling...

Thames water secures legal lifeline, avoids collapse
Judge approves emergency plan to save utility Thames Water

LONDON, U.K.: A judge has approved an emergency financial plan to prevent Britain's largest water company, Thames Water, from collapsing,...

U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country's long-held policies, and the...

Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

China

Section
Taiwan defends Strait’s status after China criticizes Canada
Canadian warship sails through Taiwan Strait, ignites verbal war

TAIPEI/BEIJING: Taiwan's defense ministry said this week that the Taiwan Strait does not belong to China, and any attempts to create...

China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...

US State Department alters website wording on Taiwan independence
US drops website wording on not supporting Taiwan independence

TAIPEI, Taiwan: The U.S. State Department has revised its official website's fact sheet on Taiwan, removing a previous statement that...

Italy’s Termoli plant shifts from EV batteries to hybrids
Stellantis to produce hybrid components at Termoli plant

MILAN, Italy: Stellantis announced this week that it will begin producing hybrid vehicle components at its Termoli plant in southern...

NEW ZEALAND-WELLINGTON-LANTERN FESTIVAL-CELEBRATIONS
NEW ZEALAND-WELLINGTON-LANTERN FESTIVAL-CELEBRATIONS

(250223) -- WELLINGTON, Feb. 23, 2025 (Xinhua) -- People watch music performance during a Lantern Festival celebration in Wellington,...

SERBIA-POZAREVAC-TWO SECTIONS OF DANUBIAN CORRIDOR-OPENING
SERBIA-POZAREVAC-TWO SECTIONS OF DANUBIAN CORRIDOR-OPENING

(250223) -- POZAREVAC, Feb. 23, 2025 (Xinhua) -- A drone photo taken on Feb. 22, 2025 shows a section of the Danubian Corridor in Serbia....

Movie Review

Movie Review
Triple Frontier