Lifestyle
NASA to discontinue US$2 billion satellite servicing project on higher costs, schedule delays
NASA said on Friday it is shutting down a more than US$2 billion project to test satellite servicing like fueling in space, citing higher costs and schedule delays. The...
OpenAI says it ‘categorically disagrees’ with Musk’s suit
OPENAI “categorically disagrees” with the lawsuit Elon Musk filed against the company, according to an internal memo sent to employees of the artificial intelligence startup. Musk, a co-founder of...
Troubled EV maker Fisker said to be in talks with Nissan
FISKER is in talks with Japan’s Nissan Motor, people familiar with the matter said on Friday (Mar 1), as the electric vehicle (EV) maker seeks a lifeline from liquidity...
Oil climbs 2%, notches weekly gains ahead of Opec+ decision
OIL prices rose 2 per cent on Friday (Mar 1) and posted weekly gains as traders awaited an Opec+ decision on supply agreements for the second quarter, while also...
Volkswagen expects slower sales growth as economic outlook dims
VOLKSWAGEN forecast on Friday (Mar 1) that sales growth would slow in 2024, joining competitors in warning of a weaker economic outlook, rising competition and higher costs. Europe’s top...
Meta rebuffs Google’s virtual reality tie-up proposal, The Information reports
META Platforms decided against a partnership with Alphabet to use Google’s Android XR platform for its virtual and mixed-reality Quest headsets, The Information reported on Friday (Mar 1). Google...
US: Wall St opens subdued after rally on AI boost, inflation relief
WALL Street’s main indexes opened subdued on Friday (Mar 1) after a rally in the previous session driven by an inflation reading that strengthened bets of interest rate cuts...
IM Motors raises US$1.1 billion in one of China EV brands’ biggest recent deals
IM MOTORS, a premium electric vehicle brand of state-owned Chinese automaker SAIC, said on Friday (Mar 1) it has raised more than US$1.1 billion to work on new smart...
