This weekend, protests took place in the United States and in various European cities against Elon Musk's actions during Donald Trump's administration. As reported by CNN, inhabitants of Boston, Portland, Washington, D.C., Tucson (Arizona), and various cities in California and Florida demonstrated on the streets. For the first time, Europeans participated in the protests, assembling outside Tesla...

The Financial Times (FT) reveals that a Citigroup staff member mistakenly deposited $81 trillion instead of $280 into a client's account. The event took place in April of last year, and it required several hours to rectify the mistake. Another bank staff member, responsible for confirming transfers before they are approved and managing payments, failed to notice the mistake. Consequently, the...

The Japanese car manufacturer Toyota has released figures regarding production. In January, the company manufactured a total of 781.7 thousand vehicles globally. This is 6% higher than in January of the previous year and marks the first year-on-year rise in the past 12 months. Toyota's output in Japan reached 266,000 vehicles, marking a 22% increase compared to the previous year. This contributed...

Japan's biggest airline All Nippon Airways (ANA) has ordered 77 planes from three manufacturers: Boeing, Airbus, and Embraer. As reported by Kyodo news agency, this represents the largest contract for a Japanese firm, valued at approximately ¥2 trillion ($13.4 billion), not counting discounts. U.S. Boeing secured an order for 30 aircraft from ANA, while Europe's Airbus received an order for 27,...

The U.S. automaker General Motors revealed a $6 billion share repurchase initiative and chose to raise dividends, according to Bloomberg, which references the company’s announcement. GM's repurchase program has no set deadline, but the firm aims to finish the initial phase of the buyback, totaling $2 billion, by the end of the second quarter. GM has also chosen to raise its quarterly dividend to...

Malaysia's Petronas, the leading oil and gas firm in Southeast Asia, has announced its financial results for the second half and the entire year of 2024. Total annual revenue decreased by 0.2% to 305.1 billion Malaysian ringgit ($70.2 billion). At the same time, net earnings decreased by 34% to 49.1 billion ringgit ($11.3 billion). The company linked the declining performance to reduced energy...

According to the European Association of Automobile Manufacturers (ACEA), Tesla sold just 9.9 thousand electric vehicles in Europe during January. Elon Musk's company succeeded in selling 18.2 thousand of its vehicles in the area in the previous year. As a result, the company's sales declined by 45%, whereas overall electric car sales in Europe rose by 37% by the end of January. In January, 166...

Foxconn, the Taiwanese electronics producer, has suggested collaboration with Japan's Honda, according to Nikkei's sources. The Taiwanese firm aims to partner on the creation and manufacturing of electric vehicles. Nikkei writes that Foxconn aims to enhance this collaboration by including Nissan and Mitsubishi. Sources indicate that, as per Foxconn, this will enable the companies to better...

British defense firm BAE Systems announced that its order backlog for different kinds of weapons hit a record £77.8 billion ($98.1 billion) at the close of last year, marking an 11% increase from 2023. These numbers are included in the company’s financial statements for 2024. Its annual revenue increased by 14% to £26.3bn ($33.2bn), and operating profit grew by 4% to £2.7bn ($3.4bn). After this...