Tesla slashes prices in US, Europe to drive demand
Tesla (TSLA.O) has slashed prices on its electric vehicles in the United States and Europe by as much as 20 per cent, extending a strategy of aggressive discounting after missing ...
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Crypto.com to cut 20 per cent jobs as industry rout deepens after FTX collapse
Crypto.com said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.
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US calls for UN to urge Taliban to reverse bans on women
The United States on Friday pushed the UN Security Council to adopt a resolution calling on the Taliban-led authorities in Afghanistan to reverse bans on women working for aid groups ...
Nine dead, more casualties expected after tornadoes rip through US Southeast
At least nine people died in tornadoes that destroyed homes and knocked out power to tens of thousands in the US Southeast, local officials said on Friday, and the death ...
Greek court rejects charges against aid workers
A Greek court dismissed espionage charges on Friday against a group of humanitarian workers on trial in Greece and ordered a prosecutor to refile the case, citing flaws in the ...
Tesla turns up heat on rivals with global price cuts
Tesla has slashed prices globally on its electric vehicles by as much as 20 per cent, extending an aggressive discounting effort and challenging rivals after missing Wall Street delivery estimates for 2022.
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Lithuania-Latvia gas pipeline hit by explosion, but no sign of attack (Update 2)
A gas pipeline connecting Lithuania and Latvia was hit by an explosion on Friday but there was no immediate evidence of an attack, Lithuania gas transmission operator Amber Grid said.
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EU plans law forcing companies to prove green claims are real
The European Union has drafted plans to require companies to back up green claims about their products with evidence, in a bid to fight greenwashing and misleading advertisements, according to ...
Trump’s company sentenced to pay $1.61m penalty for tax fraud
A New York judge on Friday sentenced Donald Trump’s namesake real estate company to pay a maximum $1.61 million criminal penalty after it was convicted of scheming to defraud tax ...
Assad says Turkey talks must be based on ending ‘occupation’
Syrian President Bashar al-Assad has said talks with foe Turkey should be based on the aims of ending the occupation of Syrian land and halting support for what he called ...
United learned from thrashing at City to make huge progress
Manchester United have made huge progress since their 6-3 thrashing at rivals Manchester City in October, coach Erik ten Hag said, with the lessons learned from that loss standing them ...
Newcastle boss Howe considering dropping Joelinton after drink-driving charge
Newcastle United manager Eddie Howe said he was “not 100% sure” if he would include Joelinton in his squad for Sunday’s Premier League home game against Fulham after the midfielder ...
Man City’s Mendy found not guilty on six counts of rape
Manchester City defender Benjamin Mendy was found not guilty of six counts of rape and one count of sexual assault on Friday, while jurors could not reach verdicts on one ...
China set for historic demographic turn, accelerated by COVID traumas
Living under China’s stringent COVID-19 restrictions for the past three years had caused Zhang Qi enough stress and uncertainty to consider not having babies in the country.
When China ...
Special counsel appointed to probe Biden’s handling of classified documents
U.S. Attorney General Merrick Garland named a special counsel on Thursday to probe the improper storage of classified documents at President Joe Biden’s home and former office, an ...
Russia claims capture of Soledar, but Kyiv says still fighting
Russia said on Friday that its forces had taken control of Soledar in eastern Ukraine, in what would be a rare success for Moscow after months of battlefield reverses, but ...
Unexpected lift to November GDP eases UK recession risk
Britain’s economy unexpectedly eked out some modest growth in November after a boost from World Cup drinkers and video game sales, reducing the chance that it has already slipped ...
Major media want to know who guaranteed Sam Bankman-Fried’s $250 million bond
Eight major media outlets on Thursday asked the US judge overseeing Sam Bankman-Fried’s criminal case to make public the names of two people who helped guarantee the FTX cryptocurrency ...
Putin ally suggests seizing property of war critics who fled Russia
A close ally of President Vladimir Putin suggested on Friday confiscating the property of Russians who have left the country and who “insult” the state and its armed forces from ...
Turkey summons Swedish ambassador over Erdogan puppet protest in Stockholm
Turkey summoned Sweden’s ambassador to Ankara late on Thursday, a diplomatic source said, over a demonstration in Stockholm in which a puppet of President Tayyip Erdogan was hung from ...
Adidas loses NY trial against Thom Browne over three-stripe design
A Manhattan jury on Thursday said Adidas AG (ADSGn.DE) had failed to show luxury brand Thom Browne Inc’s use of stripes on its clothing infringed the sportswear giant’...
Dollars flow into Egypt currency market after depreciation
Hundreds of millions of dollars have flowed through Egypt’s interbank market since the central bank allowed the Egyptian pound to depreciate by 13 per cent to a historic low, bankers ...
Undercooked Nadal targets 23rd Slam at Australian Open
Rafa Nadal will head into the Australian Open undercooked and with only one win to his name since September’s U.S. Open, but it would surprise nobody if he ...
Felix sees red on debut as Chelsea slump at Fulham
Chelsea’s Joao Felix endured a nightmare debut when he was sent off in a 2-1 Premier League defeat at local rivals Fulham on Thursday to increase the pressure on ...