
Tesla beats expectations with second quarter production and deliveries
Tesla beat expectations in the second quarter of 2023, announcing Sunday it produced nearly 480,000 vehicles and delivered over 466,000.
2023-07-03 01:45

Canadian company pleads guilty to shipping banned seal oil to US
A Canadian company has pleaded guilty to violating federal law by illegally selling seal oil capsules to American customers
2023-06-07 00:16

Vietnam's VinFast struggles to sell electric cars at home
Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to...
2023-10-18 11:26

Argentina: VP Cristina Fernández says she won't run for president
Argentine Vice President Cristina Fernández made it official Tuesday that she will not be running for president again, putting the brakes on an effort by members of her party to push her to become a candidate in the October election. Fernández, who was president 2007-2015, made her decision public through a statement published on her website in which she slammed the judiciary, accusing the courts of trying to forbid her from running for office again as part of an alliance with the opposition. With her decision, the center-left Fernández throws the ruling Peronist party into disarray amid uncertainty over who could be its candidate in this year’s presidential elections. President Alberto Fernández, whose tenure has been marked by an ongoing economic crisis that has included a sharp devaluation of the local currency and annual inflation of more than 100%, already said last month he would not be seeking reelection. “I will not be a puppet of those in power for the sake of any candidacy. I have demonstrated, like no one else, that I prioritize the collective project over personal ambitions,” Cristina Fernández said. The 70-year-old vice president said she’s prevented from running for office by a prison sentence of six years and a lifelong ban from holding public office she received late last year as part of a case involving corruption through public works during her presidency. She has denied all charges and the ruling still has to be confirmed by higher courts before it becomes effective. “I will not engage in the perverse game they impose on us under the guise of democracy,” she wrote. Allies of the vice president have been pushing for her to run for the presidency and regularly chant “President Cristina” during her public appearances. Although Fernández, who is not related to current president Alberto Fernández, had already said she wouldn’t run for president, she often played coy in public speeches. The vice president published her statement days before allies had announced a big rally in downtown Buenos Aires on May 25, which is a national holiday in Argentina, to push her to run. With both the president and vice president out of the running, all eyes are now likely to set on Economy Minister Sergio Massa, a center-right Peronist who has long had presidential ambitions although his tenure in the office he took on last year has not gone as he hoped. Massa had said his goal was for monthly inflation to decelerate to 3% by April. Instead, it accelerated to 8.4%. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-05-17 08:24

China’s Junshi Nabs FDA Approval in Rare Success for US Foray
The US Food and Drug Administration has cleared the first China-developed cancer drug similar to Merck & Co.’s
2023-10-28 11:29

Yen’s Woes Against Global Peers Worsen Even After Dollar Slips
The yen’s rebound from the cusp of a 33-year low versus the dollar has only served to highlight
2023-11-15 12:15

African Central Banks to Keep Interest Rates Tighter for Longer
African central banks due to decide on interest rates in the next three weeks are set to keep
2023-07-18 11:58

Ford lays off 700 who were building electric version of F-150
Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.
2023-10-16 23:52

US, China Visits Put Australian PM’s Diplomatic Skills to Test
Australian Prime Minister Anthony Albanese touches down in Washington on Monday to kick off a month of critical
2023-10-23 03:22

EDF Moves Back Into State Hands With a Multitude of Burdens
Electricite de France SA is set to return to full state ownership on Thursday, almost 18 years after
2023-06-08 18:17

Sanofi Was Mystery Bidder That Lost Reata to Biogen
Biogen Inc. narrowly beat out Sanofi SA to clinch its $7.3 billion acquisition of Reata Pharmaceuticals, according to
2023-08-16 03:54

Germany Set to Miss Another Deadline to Agree for 2024 Budget
The German government won’t be able to meet another deadline to agree on next year’s budget, according to
2023-05-11 13:59
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