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A group of Hyundai Motor dealers has launched a lawsuit against the South Korean automaker in federal court in Chicago.
July 9, 2024
Business

Hyundai Motor Dealers File Lawsuit Over Alleged Sales Inflation

Microsoft plans to distribute iPhones to its Chinese employees who now use Android handsets beginning in September.
July 9, 2024
Business

Microsoft to Provide iPhones to Employees in China

Tesla shareholders will appear in court on Monday to argue that the company's unusual request for over $7bn in lawyers' fees is "outlandish."
July 8, 2024
Tech

Tesla shareholders challenge $7bn legal fees in court

Skydance Media and Paramount Global decided to merge, the parties announced late on Sunday, scripting a new chapter for one of Hollywood's oldest studios.
July 8, 2024
Business

Skydance acquires Paramount’s controlling stake in two-step deal

Boeing has agreed to plead guilty to a felony fraud conspiracy charge and pay a punishment of $243.6 million.
July 8, 2024
Business

Boeing to Plead Guilty to Criminal Fraud Conspiracy Charge

China's central bank, the PBOC, has declared that it will start temporary bond repurchase or reverse repurchase operations.
July 8, 2024
World

PBOC Tightens Control Over Short-Term Interest Rates

Apple said on Friday it had agreed to Epic Games' games marketplace app on iPhones and iPads in Europe after the "Fortnite" maker escalated its rivalry with the technology firm, blaming it for delaying its efforts to set up a games store on the devices.
July 7, 2024
Tech

Apple approves Epic Games’ marketplace app in Europe

The companies stated Saturday that China's BYD will acquire a 20% stake in its local distributor, Rever Automotive, in Thailand.
July 7, 2024
Business

China’s BYD acquires 20% stake in Thai distributor Rever Automotive

Visa and Mastercard agreed to extend the caps on tourist card fees set five years ago with EU antitrust regulators.
July 7, 2024
Business

Visa and Mastercard Extend EU Fee Caps for Tourist Cards to 2029

Chinese IT businesses showcased more than 150 AI-related products and solutions at the World AI Conference in Shanghai.
July 7, 2024
Business

Chinese Tech Giants Rally Behind AI Sector Amid U.S. Sanctions

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