Tesla's charging technology is rapidly propelling towards becoming the North American standard, signaling a major boost for the automaker's plan to expand access to its once-exclusive chargers. With Volvo car joining the likes of General Motors, Ford, and Rivian in embracing Tesla's charging design, earlier efforts by the Biden administration to establish the Combined Charging System (CCS), as the dominant standard have been sidestepped.

Tesla paving the way for universal charging access

The Global Competitiveness Index 2023 tells us which are the best countries to do business, where regulatory processes are smoother and the government is business-friendly. If you are wondering which country took the top spot, look no further than the Scandinavian nation of Denmark.

World's best business hubs revealed: Denmark No 1

In the United States, GreenFin 23 convened an influential audience of finance, investment, and sustainability professionals to share insights, address key challenges and showcase leading sustainable financial products and services. WION's Susan Tehrani brings you more insights.

Greenfin 2023 Summit: Sustainable finance & investing event

The transition to a greener future will require a significant reliance on natural gas. Companies like Shell and Chevron are ramping up their investments in this fuel, challenging the notion that natural gas is merely a short-term bridge to renewable energy sources. This newfound confidence in gas demand is reshaping the long-term prospects for the industry.

Fossil fuel players embrace natural gas as the fuel of ‘future’

SpaceX, the pioneering private space company led by Elon Musk, is making headlines. Reports have emerged that SpaceX is offering insider shares, propelling its valuation to an impressive $150 billion. This surge in valuation marks a significant leap from their previous worth of $137 billion, a mere six months ago.

SpaceX's insider shares propel valuation to $150 bn

Microsoft has a big victory in its kitty now. The US tech giant has won EU anti-trust body's approval to buy gaming company Activision. This win is likely to boost Microsoft's case in front of Chinese and South Korean regulators too.

EU okays Microsoft takeover of Activision | World Business Watch

The skies are about to get busier as Air India announces a grand plan to hire 1,000 new pilots for its fleet expansion. Watch this video to know more.

Air India to hire more pilots amidst salary structure changes

The White House said it is monitoring the situation at First Republic Bank. The US commercial bank is struggling after the banking crisis in March.

White House monitoring US banking woes

US chip maker intel announced its worst-ever quarterly results. Intel's losses come after personal computer and data centre sales dropped steeply amid a gloomy global economic backdrop.

Intel reports worst quarterly results

US Republican lawmakers passed a bill to raise the government's debt ceiling on Wednesday. While US debt default looms, the bill has introduced sweeping spending cuts for the next decade.

US House passes debt limit bill in a major win for Republicans

Google's parent company Alphabet and its rival Microsoft have surprised the markets as they announced better-than-expected earnings on Tuesday.

Alphabet, Microsoft earnings beat estimates

There is relief for Microsoft in the Activision case, the US firm has won the dismissal of a private consumer anti-trust lawsuit. This is over its proposed purchase of Call of Duty maker.

Microsoft wins dismissal of Activision case, judge dismisses claims on 'harm' | World Business Watch

T-Mobile is buying Mint Mobile, the budget-friendly mobile carrier partially-owned by Ryan Reynolds. According to media reports, the deal is valued at upto 1.3 billion dollars and it comes that T-mobile looks to build its prepaid phone offerings and looking to acquire its parent company.

T Mobile to buy Ryan Reynolds' backed Mint, says report | World Business Watch | WION

There are more signs of tech trouble for tech firms - Apple and Google - as UK watchdog has launched an in-depth investigation into dominance of mobile browsers of these companies.

World Business Watch | UK investigating Apple, Google; mobile browser dominance under probe

The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools.

World Business Watch: US to broaden restrictions on China chip shipments

Mexico’s annual inflation accelerated in June to a level not seen since early 2001, leaving the central bank little choice but to continue its monetary tightening to tame spiralling consumer prices.

Mexico's annual inflation hits 21-year high in June

China unveiled tighter rules late on Thursday to better regulate its $1.3 trillion credit card industry, urging lenders to adopt a prudent growth strategy, and monitor risks more closely.

China tightens rules on $1.3 trillion credit card business

China has announced a raft of new steps to spur consumer demand for cars, saying it would consider extending a tax break for electric vehicles and plans to remove some restrictions on second-hand car sales.

China unveils plans to spur car demand, may extend EV tax break

Tesla chief executive Elon Musk and Shivon Zilis, a top executive at his brain-chip startup Neuralink, had twins in November of 2021. In April, Musk and Zilis filed a petition to change the name of the twins which was approved by a Texas judge a month later.

Petition filed by Elon Musk to change name of his twins approved

The Bank of England (BoE) has hinted at further interest rate rises as it vows to bring inflation back down to 2%. BoE's chief economist Huw Pill said that the central bank's focus was getting prices down and making life more affordable again.

Bank of England warns of rate hike, vows to bring down inflation

Germany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, show figures released. The Federal Statistical Office said exports reached $131.5 billion last month.

First export deficit for Germany in over 30 years

In US, over 22,000 workers in the tech and startup sector have lost their jobs in 2022. Also more than 12,000 employees have been fired in the Indian startup ecosystem.

Over 22,000 techies lose jobs in US, Indian startups fire 12,000 employees

India’s financial crime-fighting agency ED on Tuesday raided the offices of smartphone maker Vivo, owned by China’s BBK Electronics, and its related entities.

India's financial crime agency ED raids Chinese-owned Vivo

India's services sector logged its fastest growth in over 11 years after June month’s service activities improved further as per the the S&P Global India Services Purchasing Managers' Index (PMI) survey.

India's June services growth fastest in over 11 years

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