2 min read
Business

Biden Admin’s Emissions Disclosure Rule Halted by Federal Court

In a recent development, a federal court has decided to halt the corporate emissions disclosure rule proposed by the Biden administration. This rule aimed to require companies to disclose their greenhouse gas emissions and climate-related risks to investors and the public.

2 min read
Business

Tesla’s operations disrupted in Germany after attack by leftist extremists

Tesla’s production at its factory in Germany has come to a halt following an attack claimed by a far-left group. The attack, which took place on Monday, has caused disruptions in the supply chain and has raised concerns about the safety of the facility.

2 min read
Business

Tesla Factory in Germany Shut Down Due to Suspected Arson Attack

Tesla Inc. has temporarily halted production at its factory in Germany following a suspected arson attack, the company confirmed on Friday. The incident took place on Thursday night, leading to extensive damage to a production hall at the site.

3 min read
Business

Saudi Arabia’s Energy Minister Blames Green Transition for Aramco’s Oil Capacity Pause

Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, announced on Sunday that the recent halt in oil capacity expansion by the state-owned Saudi Aramco is a direct result of the kingdom’s commitment to the global green transition. The decision comes as Saudi Arabia aims to reduce its carbon footprint and mitigate environmental challenges.

3 min read
Business

Philips Responds to Recall Crisis, Stops Sales of Sleep Apnea Machines in the US

In a major development, Philips has announced that it will temporarily halt the sales of its sleep apnea machines in the United States. This decision comes after a global recall was initiated by the company earlier in 2021 due to potential health risks associated with the devices.

3 min read
Business

Philips Suspends Sales of Sleep Apnoea Devices in US Following FDA Agreement

The Dutch healthcare company, Philips, has made the decision to halt sales of its sleep apnoea devices in the United States following a deal with the Food and Drug Administration (FDA). This move comes after the FDA raised concerns about potential health risks associated with the devices.

3 min read
Business

Boeing 737 Max Production Expansion Halted by FAA Over Safety Issues

The Federal Aviation Administration (FAA) has recently put a halt to the expansion of Boeing’s 737 Max production. However, in a separate move, the agency has given the green light to the return of the Max 9 aircraft to service. These decisions come as the FAA continues to closely evaluate the safety measures and modifications implemented by the aircraft manufacturer.

3 min read
Business

GM halts sales of its new Chevy Blazer EV amid reports of major software issues

General Motors (GM) has made the decision to halt sales of its highly anticipated Chevy Blazer EV due to widespread reports of major software issues. This follows numerous complaints from customers who have experienced significant problems with the vehicle’s software, leading to a loss of confidence in its reliability.

3 min read
Business

China Halts Exports of Some Rare-Earth Processing Technologies

China, the world’s leading producer of rare-earth minerals, has announced a strategic decision to temporarily halt exports of certain rare-earth processing technologies. This move is expected to have significant implications for global industries reliant on these minerals, which are essential for various high-tech applications such as electronics, renewable energy technologies, and defense systems.