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Business

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Slate Auto secures $650 million as EV launch nears this year
Slate Auto secures $650 million as EV launch nears this year

DETROIT, Michigan: Electric vehicle startup Slate Auto has secured US$650 million in fresh funding as it prepares to bring its first...

OpenAI says no data breach after third-party security scare
OpenAI says no data breach after third-party security scare

SAN FRANCISCO, U.S.: OpenAI said it had addressed a security issue linked to a third-party developer tool, adding that there was no...

U.S. stock markets shrug off breakdown in U.S.-Iran truce talks
U.S. stock markets shrug off breakdown in U.S.-Iran truce talks

NEW YORK, New York - U.S. stocks moved higher Monday despite the weekend's breakdown in talks in Pakistan which hoped to result in...

Energy shock from Iran war pushes nations to roll out support
Energy shock from Iran war pushes nations to roll out support

LONDON, U.K.: Governments around the world are scrambling to contain rising energy costs and economic fallout from the Iran war, as...

Rising car costs push US buyers to loans, used vehicles
Rising car costs push US buyers to loans, used vehicles

DETROIT, U.S.: The cost of owning a car in the United States is climbing to new highs, with rising vehicle prices, financing costs...

Union calls Lufthansa pilot strike April 13-14 over pensions
Union calls Lufthansa pilot strike April 13-14 over pensions

FRANKFURT, Germany: Lufthansa is bracing for fresh disruption after its pilots' union called a two-day strike next week, escalating...

China

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Mixue entry signals China’s push into Brazil’s consumer sector
Mixue entry signals China’s push into Brazil’s consumer sector

SAO PAULO, Brazil: Chinese investment in Brazil is increasingly shifting toward consumer-facing sectors, as companies target the country's...

Porsche Q1 sales slide as China demand falters, US slows
Porsche Q1 sales slide as China demand falters, US slows

BERLIN, Germany: Porsche's global deliveries fell sharply in the first quarter, underscoring weakening demand in key markets and growing...

JD Vance says Iran talks have ended without reaching agreement
JD Vance says Iran talks have ended without reaching agreement

ISLAMABAD, Pakistan: U.S. Vice President JD Vance said talks between the United States and Iran ended early on April 12 without a peace...

Tesla eyes compact low-cost SUV, may build it in China
Tesla eyes compact low-cost SUV, may build it in China

SAN FRANCISCO/SHANGHAI: Tesla is exploring a return to more affordable electric cars with a new compact SUV under development, according...

US breach of trust led to collapse of talks Iranian diplomat
US breach of trust led to collapse of talks  Iranian diplomat

Tehran remains ready to negotiate in good faith, its consul general in Mumbai, Saeid Reza Mosayeb Motlagh, has told RT India A breach...

Update: Xi puts forward four-point proposal on promoting Middle East peace, stability
Update: Xi puts forward four-point proposal on promoting Middle East peace, stability

BEIJING, April 14 (Xinhua) -- Chinese President Xi Jinping on Tuesday put forward a four-point proposal on promoting peace and stability...