Elon Musk

Tesla Shareholders Set to Approve Musk’s $56 Billion Pay Package Amidst Legal Challenges

Tesla shareholders were poised to approve CEO Elon Musk's controversial $56 billion pay package, signaling strong support for his leadership. The package, which is the largest in U.S. corporate history, has faced significant legal scrutiny but appears to have garnered...
Australia gas industry

Japan’s Energy Strategy Could Reshape Australia’s Gas Landscape

Australia's gas industry has been significantly supported by Japanese investments, primarily through massive public loans from Japanese taxpayers. This financial backing has propelled Australia's fossil gas industry to considerable heights. However, Japan, while emerging as a major gas trader, is...
China property crisis

Investors Cautious as China Implements Real Estate Reforms

The phrase "The China equity trade is back," as coined by Société Générale, encapsulates the renewed optimism surrounding China's economic landscape. The driving force behind this sentiment is Beijing's recent measures aimed at resolving the property crisis, a significant contributor...
Apple

Apple’s WWDC 2024: AI to Revolutionize User Experience

Apple Inc. (AAPL.O) inaugurated its annual Worldwide Developers Conference (WWDC) 2024 on Monday, promising a significant emphasis on artificial intelligence (AI) across its product suite. With expectations riding high, the event is set to demonstrate how Apple plans to integrate...
Shenzhou-16 manned spaceship touches down at the Dongfeng landing site in north China

China Overtakes Russia and NASA in Space Pursuits as Xi Jinping Intensifies Efforts

China’s ambitious space endeavors are capturing global attention as the nation propels itself to the forefront of the space race, outpacing traditional leaders like Russia and the United States. On June 2, China’s Chang’e 6 probe landed on the far...
Elon Musk

Why is Norway Wealth Fund Voting Against Elon Musk’s Compensation at Tesla?

Norway's $1.7 trillion sovereign wealth fund, the world's largest, announced on Saturday its intention to vote against the ratification of Tesla CEO Elon Musk's $56 billion pay package. This decision comes ahead of a shareholder vote scheduled for next week...
Gold, Bitcoin

Gold and Bitcoin Surge: A Sign of Increasing Black Swan Risk

Gold broke price records on Friday at US$2,183 an ounce, following a Bitcoin rally. Gold has a longstanding relationship with Treasury Inflation Protected Securities (TIPS), both hedges against unexpected inflation or debasement of the dollar. From 2007 to 2022, gold...
Toyota Mini Fortuner

Toyota Mini Fortuner: The Next Big Thing in SUVs

Toyota is set to introduce a new SUV, possibly named the Toyota FJ Cruiser or Land Cruiser FJ, as a smaller and more affordable alternative to its popular Fortuner. The SUV is expected to debut globally by the end of...
Dubai Derma 2024

DHA highlights investment opportunities and licensing services at Dubai Derma 2024

The Dubai Health Authority( DHA) is showcasing its distinguished services and projects for investors, health professionals, health facilities and the public during its participation in the 23rd session of the Dubai International Dermatology and Laser Conference and Exhibition, “Dubai Derma...
China Chipmakers

How Does China’s State Secrets Law Impact High Tech Companies?

China has revised its State Secrets Law to expand coverage to high technology industries and improve security in areas near military sites. The amendment, which will take effect on May 1, supports the research and application of new technologies to...
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