According to Bloomberg, Tesla sold almost 890,000 electric vehicles on the world market in 2023, compared to about 590,000 sold by Volkswagen, BMW, and Mercedes-Benz combined. Tesla, a US company, sold more electric vehicles in the first half of 2023 than Volkswagen, BMW, and Mercedes-Benz, the top...

One of the biggest providers of commodities in the world, Glencore, has released its half-year results. By the end of 2023, the company anticipates more trading division profits than what its long-term projections indicated. As a result, the company now projects $3.5–4 billion in pre-tax profit, up...

According to U.S. Treasury Secretary Janet Yellen, the country is collaborating with India to create an investment platform that will cut the cost of financing, boost private investment, and hasten India's energy transition.   Following a bilateral discussion with India's finance minister...

Launched in 2022, Ownership Works is a non-profit organization committed helping employees and their families create wealth through employment ownership programs, advance equality at the workplace and encourage increased employee engagement. Its mission to create prosperity through value sharing is...

Former employees of Google, Microsoft, and other technology organizations will work for the startup. Elon Musk has revealed plans to launch an artificial intelligence-focused business. He announced the development of xAI to “understand reality” on Twitter on Wednesday. The company's website,...

Major accounting firms are increasing their investments in new locations outside of major cities in India as demand for more affordable back office operations increases and smaller communities advance along the economic value chain.   Large multinational firms have been rushing to India's...

The growing need for services in the area and the ambition to expand into markets other than China, according to the newspaper, were the causes. Due to the region's growing need for its services and its goal to expand into markets other than China, DHL is investing $551 million there to boost its...

According to reports cited by the Financial Times, French business Kering SA, which owns labels including Gucci, Balenciaga, and Yves Saint Laurent, purchased perfume maker Creed for €3.5 billion, beginning to corner the market for high-end cosmetics. "French luxury group Kering has given €3.5...

Airbus recorded 1,044 new orders in the first half of the year thanks to record orders for 750 aircraft from Indian airlines in June. 316 aircraft were delivered during the same time period under earlier contracts, according to Reuters. Airbus intends to give clients 720 aircraft at the end of the...