TikTok, the popular short video app, has launched a new music-streaming service in several countries, as it seeks to challenge the dominance of Spotify and Apple Music. TikTok Music said on Wednesday that it will be testing its service in Australia, Mexico and Singapore. That announcement comes shortly after it launched in Indonesia and Brazil…
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China resumes visa-free entry for Singapore and Brunei citizens
China has announced that it will reinstate its 15-day visa-free entry policy for citizens of Singapore and Brunei from July 26, after a three-year suspension due to the Covid-19 pandemic. The Chinese embassies to Singapore and Brunei said that the policy will apply to those who are visiting China for business, tourism, family visits and…
Realme C53 Launches with 108MP Camera and Odd RAM/Storage Options
Realme has launched its latest budget smartphone, the C53, along with the Pad 2 tablet today (July 19, 2023). The C53 comes in two colors, Champion Black and Champion Golden, and boasts a 108MP main camera as its main attraction. However, the phone also has some peculiar choices when it comes to RAM and storage….
Tata Group to build $5.2bn EV battery plant in Britain for Jaguar Land Rover
Tata Group, the Indian conglomerate that owns Jaguar Land Rover (JLR), has announced that it will invest 4 billion pounds ($5.2 billion) to build an electric vehicle (EV) battery plant in Britain, creating up to 4,000 jobs and boosting the country’s car industry. The plant, which will be Tata’s first gigafactory outside of India, will…
Tesla seeks approval for major expansion of Berlin factory
Tesla has applied to German authorities for permission to make extensive changes to its factory near Berlin, as part of its ambitious plan to turn the site into Europe’s largest car plant. The electric car maker published application documents on Wednesday, showing the long list of modifications it wants to make at the plant in…
Ford slashes F-150 Lightning prices to compete with Tesla
Ford Motor Co. on Monday announced a sharp reduction in the prices of its F-150 Lightning electric trucks, including a 17% cut for the base model, as it seeks to gain an edge over Tesla Inc. in the fast-growing EV market. The Detroit-based automaker said it was able to lower prices after improving its scale…
Saudi Aramco CEO joins BlackRock board of directors
BlackRock, the world’s largest asset manager, announced Monday that Amin Nasser, the CEO of Saudi Aramco, the world’s largest oil company, is joining its board of directors. The move reflects BlackRock’s emphasis on the Middle East as part of its long-term strategy, as well as its recognition of the global energy transition and the shift…
H&M to enter Brazilian market in 2025
Swedish fashion retailer H&M announced on Monday that it will launch stores and online trade in Brazil in 2025, as part of its expansion strategy in Latin America. Brazil will be the tenth market in the region for H&M, which opened its first store in Mexico in 2012 and is currently present in Peru, Uruguay,…
Tesla launches Model Y in South Korea with maximum subsidies
Tesla has started selling its Model Y rear-wheel drive car in South Korea at a price that qualifies for the highest level of government subsidies for electric vehicles, the company said on Friday. The Model Y, which has a driving range of 350 kilometres and a top speed of around 217 km per hour, is…
Eli Lilly to buy Versanis for up to $1.93 billion in obesity drug push
Eli Lilly and Co said on Friday it will acquire Versanis, a privately held biotech company developing a novel obesity drug, for potentially up to $1.93 billion, as it seeks to expand its presence in the lucrative weight-loss market. The deal gives Eli Lilly access to Versanis’ lead candidate, VS-01, which is being tested in…
Standard Chartered sells African businesses to Access Bank
LONDON: Standard Chartered has agreed to sell its subsidiaries in five sub-Saharan African countries to Nigeria’s Access Bank, as part of its plan to exit some of its less profitable markets in the region. The deal, which is expected to close in the next year, will see Access Bank take over Standard Chartered’s operations in…
Time is running out to file your 2019 taxes and get your refund
Did you forget to file your taxes in 2020 when the Covid-19 pandemic hit? If so, you might be missing out on a big chunk of money from the IRS. The good news is that you still have time to file your 2019 federal tax return and claim your refund. But you have to act…