Tesla has finally commenced deliveries of its highly anticipated Cybertruck after several delays, but the electric vehicle comes with a higher price tag and lower range than initially promised by CEO Elon Musk.
Foreign businesses in India face challenges, but some succeed by aligning with state priorities, building infrastructure, and localizing operations.
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Abbvie announces the acquisition of ImmunoGen for $10.1 billion, adding a promising ovarian cancer drug to its portfolio.
Ford Motor reinstates 2023 guidance and reports potential impacts of $8.8 billion from the new United Auto Workers union deal, following labor strikes and negotiations.
Pressure mounts on the newly appointed oil executive leading international climate talks as concerns grow over potential conflict of interest.
Federal Treasurer Jim Chalmers meets with Labor backbenchers to address cost of living relief, while facing pressure for more action in the mid-year budget update. OECD forecasts rate cuts for next year.
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Cuban rum producers are facing challenges as the country’s sugar output is expected to remain at record lows, threatening the production of rum amid an ongoing economic crisis.
General Motors’ latest investor-focused initiatives, including a $10 billion share buyback, a dividend increase, and reinstated 2023 guidance, aim to regain Wall Street’s trust after a challenging year marked by UAW strikes and setbacks in electric and autonomous vehicle plans.
Javier Milei, Argentina’s president-elect, has appointed Luis Caputo, a former finance minister and Central Bank chief, as the Economy Minister, signaling a move towards orthodox economic management.
The Australian Tax Office pauses an ‘on-hold’ tax debt campaign, drawing criticism from the Greens and experts, leading to a review of pursuing decades-old debts.