Category: Specialized & Regional
Specialized & Regional Networks
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EV maker Lucid to cut about 18% of US workforce, COO Winterhoff exits
June 22 : EV maker Lucid Group said on Monday it would cut about 18 per cent of its U.S. workforce and announced COO Marc Winterhoff had left the company, in a major shake-up aimed at boosting profitability amid growing competition.The layoffs will affect Lucid’s full-time employees, contractors and hourly pr
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Vance hails ‘good foundation’ for Iran deal after direct talks
Iran has agreed for inspectors from the UN’s nuclear watchdog to return to the country, said US Vice President JD Vance.
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Indian fintech firm CRED to raise $900 million from Meta at $4.5 billion valuation
June 22 : Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an eventual stock market listing.
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Meta’s WhatsApp to be led by Indian startup founder Kunal Shah
BANGALORE, June 22 – Indian fintech firm CRED’s founder Kunal Shah will become Meta-owned WhatsApp’s new leader, the messaging app’s current head Will Cathcart said on Monday in a post on X. The announcement comes after CRED announced it will raise about $900 million from Meta.
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Vondrousova gets four-year ban for refusing anti-doping test
June 22 : Former Wimbledon women’s champion Marketa Vondrousova has been handed a four-year suspension for refusing an anti-doping test in December, the International Tennis Integrity Agency (ITIA) said on Monday.”Vondrousova … did not submit a sample when notified by a Doping Control Officer (DCO) during a
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A snake invasion is threatening Ibiza and Mallorca
Up to four invasive snake species, harmless to humans, are threatening the biodiversity of Mediterranean islands. One has learned to swim to nearby islets to feed on local fauna, pushing one species to the brink of extinction. #EuropeNews
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Treasury Department authorizes Iranian oil sales under 60-day license
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuA general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483
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Iran and US make progress on Hormuz despite Trump’s explosive threats
JD Vance said 18 hours of talks in Switzerland had “laid a very good foundation” after both sides agreed a mechanism to keep the Strait of Hormuz open and maintain Lebanon’s ceasefire, even as Trump threatened to hit Iran “only harder”.
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Watch out: Short-term cracks are starting to develop in the stock market
Investors may want to tread lightly as certain cracks are starting to emerge.
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Video. Giant dragon and octopus kites fill Danish skies
Video. Thousands gather at Denmark’s Fano International Kite Festival as giant dragon, whale and octopus kites fill the skies above the coast.
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