Air Conditioner Sales Boom Reflects Impact of India’s Heatwave
People in India are buying more air conditioners than ever before due to intense heatwaves, with many, like junk dealer Govind Ram, feeling compelled to buy them for comfort despite…
Assets worth $100 million connected to 1MDB to be repatriated to Malaysia
Fugitive financier Jho Low has agreed with the US Justice Department to return over $100 million allegedly stolen from Malaysia’s state-owned fund, 1MDB. The assets, including artworks by Andy Warhol…
Mechanic Alleges Dismissal Over Boeing Safety Concerns
A Boeing aircraft mechanic claims he was fired for raising safety concerns about the manufacturing and maintenance of crucial parts on Boeing 787 planes. Richard Cuevas, who has decades of…
Shein nearing London stock market debut
Shein, a major Chinese fast fashion company, has taken steps towards potentially listing its shares on the London Stock Exchange. This move follows their filing of initial paperwork with UK…
Einstein’s letter on atomic bomb up for auction
Einstein’s letter urging US atomic bomb development to be auctioned Albert Einstein’s 1939 letter to President Roosevelt, suggesting US atomic bomb development due to Nazi threat, will be auctioned with…
Volkswagen plans to invest as much as $5 billion in Rivian, a Tesla competitor.
Volkswagen (VW) has announced a major investment of up to $5 billion in Rivian, a direct competitor to Tesla, to form a joint venture aimed at sharing electric vehicle (EV)…
Trump gains support from Timothy Mellon, a new major donor
Timothy Mellon, an 81-year-old billionaire from one of America’s wealthiest families, has become a significant supporter of Donald Trump’s 2024 election campaign, donating a record $50 million on May 31.…
Large Saudi construction projects could be reduced in scope.
Saudi Arabia’s ambitious construction projects, including the futuristic Neom city, are facing challenges as economic realities force potential downsizing. Initially touted as part of Saudi Arabia’s Vision 2030 to diversify…
China and EU to discuss tariffs on electric vehicles.
The EU and China are discussing reducing planned import taxes on Chinese electric cars, which could prevent price hikes in Europe. Both sides spoke about these tariffs in a recent…
UK’s wealthiest family found guilty of mistreating employees
UK’s wealthiest family members sentenced for mistreating Indian staff in Geneva villa Four members of the Hinduja family, known for their extensive business empire including interests in oil, gas, and…