Newsfeed – Business News
Tesla plans production boost at German Gigafactory as profits rise
BERLIN, July 19 — Tesla plans to increase production at its factory in Grünheide near Berlin in the 2026 financial year as demand recovers and profits improve, according to the […]
‘Outright robbery’: China’s Jingye threatens UK with legal action after nationalisation of British Steel
BEIJING, July 19 — Jingye Steel demanded compensation and threatened the UK government with legal action today, after London took control of British Steel from the Chinese firm. Jingye, which […]
How ‘worthless’ water waste is becoming a profitable building material in Penang
BUKIT MERTAJAM, July 19 — What was once regarded as little more than waste from water treatment plants is now being transformed into high-value construction materials through an innovative circular […]
Deputy minister warns industry: Protect premium durian image as China access hinges on strict protocol
PUTRAJAYA, July 18 — All durian industry players have been urged to continue complying with the requirements and Phytosanitary Protocol for the export of fresh durians to China currently in […]
‘Hello space, we have arrived’: India’s first private orbital launch succeeds
SRIHARIKOTA, July 18 — India’s first privately built orbital rocket took its maiden flight on Saturday, its company said, marking a significant step for the South Asian giant as it […]
Boeing sees demand for 44,000 new fuel-efficient jets over next 20 years
NEW YORK, July 18 — Boeing projected Friday a global commercial fleet of 50,000 planes in 2045, more than 90 per cent of which will be more fuel-efficient “new-generation” aircraft. […]
‘This is how you lose’: New Chinese AI model Kimi K3 stuns Silicon Valley’s elite
WASHINGTON, July 18 — Kimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting off fresh discussion over […]
Wall Street just had its worst day in weeks — and the reasons are bigger than tech
NEW YORK, July 18 — Wall Street stocks fell decisively Friday, joining most global markets in retreating on continued weakness in artificial intelligence shares and rebounding oil prices. Tech shares […]
Versa says 30,000 Malaysians now putting savings on autopilot through its app, RM2.5b placed in funds since 2021
KUALA LUMPUR, July 17 — Malaysian wealth management app Versa said more than 30,000 people now use its Auto Save feature, while savings placed through its platform have reached RM2.5 […]
Bursa Malaysia ends higher on foreign inflows, stronger economic outlook
KUALA LUMPUR, July 17 — Bursa Malaysia’s key index closed higher today, supported by sustained foreign fund inflows and improving domestic macroeconomic fundamentals. At 5 pm, the FTSE Bursa Malaysia […]