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…
Is Elon Musk Worth His $56 Billion Tesla Pay Package?
Is Elon Musk’s $56bn Tesla Pay Justified? A judge has approved the liquidation of Alex Jones’ personal assets to pay the families of Sandy Hook victims after defamation lawsuits. However,…
Alex Jones’s Assets Sold to Settle Sandy Hook Debt
A judge has ordered Infowars host Alex Jones to sell his personal assets to pay families of the 2012 Sandy Hook shooting victims, who won $1.5 billion in defamation cases…
Investors support Musk’s Tesla pay deal
Elon Musk says Tesla investors are overwhelmingly supporting his massive payout and plans to move the company’s legal base to Texas. Shareholders are voting on these proposals, which include a…