The French “whale” who bet millions on a Trump win raked in about $85 million in profits – more than $50 million more than previously reported, according to a report. The anonymous bettor, who goes by Théo, was previously believed to operate four separate accounts on Polymarket, the online betting…

Elon Musk’s favorite cryptocurrency Dogecoin spiked by as much as 20% Wednesday after the Tesla mogul was tapped by President-elect Donald Trump to lead a newly created “Department of Government Efficiency” — or DOGE. The meme coin, which features an image of a Shiba Inu breed dog and was created…

It’s been a dizzying post-election week for Elon Musk’s X. Many users appear to be fleeing the platform, but more advertisers might return. More than 115,000 US users deleted their X accounts the day after the election, the biggest exodus in a single day since Musk took over the company, per…

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco.

South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but will stick to its target of selling 1.6 million electric vehicles annually by 2030, a senior executive said.

Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said.

The United States foreign food aid program can be a big help when extreme weather fueled by climate change hammers communities

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder…

By Jessica DiNapoli NEW YORK (Reuters) - Ice cream brand Ben & Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue. The lawsuit is the…

In This Article: HONG KONG/SHANGHAI (Reuters) - Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said. The move is part of efforts by Geely Holding, which is the parent…

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco

The incoming Trump administration’s solution to government spending is a new Department of Government Efficiency led by co-department chiefs: the world’s richest man and Trump’s former political opponent. But while on the surface the plan to cut government spending seems simple, the “department,”…

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Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles, for allegedly encouraging misleading discount claims on everyday products. The two supermarket giants are currently in court, sued by the…

Xiaomi CEO Lei Jun said in an X post on Tuesday that the company had produced 100,000 Xiaomi SU7 electric vehicles in 230 days. Luna Lin/AFP via Getty Images Xiaomi CEO Lei Jun posted a photo of himself sleeping on the factory floor. Lei was celebrating an EV production milestone — 100,000 units…

Here is the audio, video, and transcript. Here is part of the episode summary: In Neal’s second appearance, Tyler asks him why he sometimes shifts from envisioning the future to illustrating the past, the rise of history autodidacts, the implications of leaked secrets from the atomic age to…

Russian leader Vladimir Putin signed a decree on Wednesday limiting a $30,000 payout to injured soldiers based on the severity of their wounds. MIKHAIL METZEL/SPUTNIK/AFP via Getty Images Russia enacted a new decree on Wednesday that limits payouts for injured soldiers based on their…

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The German Economy Ministry instructed the state-controlled Deutsche Energy Terminal to turn away any shipments of liquified natural gas (LNG) coming from Russia, the Financial Times reported on Thurs...

The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions A court ruling in favour of Shell does not spell the end of climate litigation against companies, legal experts have said. The oil and gas company celebrated on Tuesday when it won an appeal…

Siemens AG announced on Thursday that its revenue in the fourth quarter of the fiscal year 2024 increased by 1% to €20.8 billion. The company's net income rose 11% year-over-year to €2....

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After four years abroad, Grubhub is coming back home. Netherlands-based Just Eat Takeaway will sell the food delivery service to billionaire entrepreneur Marc Lore’s restaurant startup Wonder in a deal worth $650 million. Just like the lukewarm food it sometimes delivers, Grubhub’s performance in…

Neom is scaling back its ambitious plans as costs swell. Neom Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort. The new city faces financial challenges, leadership changes, and…

The opening comes amid a nervous reaction among some NATO members to the election of Trump, who has vowed not to defend countries that do not spend enough on defence.

Boyko Borissov, leader of the election-winning GERB (EPP) party, has opened negotiations with the pro-Russian Bulgarian Socialist Party (BSP) and the populists of There is Such a People (ITN) over a possible Bulgarian government. GERB won early parliamentary elections in October in one of the EU's…

Deutsche Telekom AG announced on Thursday that net profit in the third quarter of its fiscal 2024 soared 53.7% year over year to €1.9 billion.The company's revenue totaled €27.6 billion after a 3.4% j...

Britain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The burgeoning crisis stems back to a landmark judgement from the U.K.'s Court of Appeal in late October, when the court ruled it…

Major Asia-Pacific stock exchanges traded mostly lower on Thursday amid more economic data and earnings reports.The Australian Bureau of Statistics revealed that the seasonally adjusted unemployment r...

Russia stages first missile attack on Kyiv since August, Ukraine says Despite regular drone attacks, Russia has not struck Kyiv with missiles since 26 August. Content-Type: News Service Produced externally by an organization we trust to adhere to journalistic standards. A handout photo made…

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools. The guidance came in a statement…

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