A European court has ruled that McDonalds cannot use the term Big Mac for poultry products, as it has not been in use for five consecutive years.
Reuters has reported that a former Meta engineer has sued the company claiming that he was fired due to how he handled Gaza content.
The CEO of Tesla Elon Musk has revealed that the company is set to spend between $3 and $4 billion on hardware bought from NVidia.
Reuters has reported that the electric vehicle producer Nio has received government approval to build a third factory in China.
In May, Volvo Cars sales increased by 13%, as the company has experienced a boom in sales of electric vehicles.
The owner of Zara, Inditex has reported an increase in sales in the period of spring, as consumers have reportedly refreshed their wardrobes.
After public backlash, The UK Financial Conduct Authority has decided to decrease the scope of its plans to name companies that are under investigation.
Euro Zone business activity has surged at a rate not observed for a year, as services sector expansion outweighed the decline in manufacturing.
The activist investment firm Elliot Management has revealed that it has rebuilt its SoftBank Group position to more than $2 billion.
The administration of the US President Joe Biden has been in talks with major tech companies about investment in climate-friendly power generation, as the tech firms are blamed for increasing demand for power.
Hewlett Packard Enterprise has increased its third quarter revenue estimates above market consensus forecast, as the firm is experiencing high demand for AI servers.
During the month of May, auto sales of Ford increased in the United States by 11%, compared to May of 2023. Most increase of demand has been observed in the crossover SUV and pickup truck segments.
The beauty and skincare company Bath & Body Works has reduced its full-year profit expectations below market estimates. The firms expects a decline in sales of body care products and scented candles.
Toyota Motor Corporation has announced the recall of 100,000 vehicles in the United States due to potential engine stalling issue.
Due to an ongoing decline in crop prices, US farmers have continued to plant more soy instead of corn, as soy has the same price as corn, but lower production costs.
Reuters has reported that European Union Aviation Safety Agency has proposed that the US Federal Aviation Administration joins European audits of Airbus airplanes.
Before even regulation has been made, Volvo has already issued the world's first electric vehicle battery passport.
The tech giant Intel has announced the launch of next generation server processors Xeon. Moreover, the firm has reduced the price for Gaudi 3 AI accelerator chips.
Due to finding irregularities in vehicle certification, the Japanese Transport Ministry has started an on-site inquiry at the headquarters of Toyota Motor Corporation.
The Vietnamese central bank has increased its bank bailout program by additional $1.2 billion that are set to be loaned to the Saigon Joint Stock Commercial Bank.
The Deputy Governor of the Bank of Japan has commented that the BoJ has to vigilantly evaluate the Yen's impact on the economy.
Bloomberg has reported that Airbus in in talks with Chinese Airlines about the sale of 100 widebody airplanes.
The German lender Deutsche Bank has started to work with Bitpanda to process withdrawals and deposits for the Australian crypto exchange.
In May, Tesla has experienced a continuation of the sales decline in China. Moreover, the firm has implemented a deduction to production output.