Telia Company AB is a Swedish multinational telecommunications company and mobile network operator founded in 2002 and headquartered in Solna, Stockholm. It provides communication services to businesses, individuals, and communities, offering mobile, broadband, television, and fixed-line services with a presence in Finland, Norway, Estonia, Latvia, and Lithuania. According to reports, Telia has announced plans to…
General Motors Shutdown Factory In Ecuador
General Motors has announced plans to shut down its manufacturing factory in Ecuador due to increased competition from local firms. The factory will halt production on Friday, September 6, 2024. The report further mentions that the closure will affect 320 workers who may face layoffs. General Motors also plans to maintain its dealership and sell…
Volvo To Launch 600 km Range Electric Truck
Volvo, the Swedish multinational company, has announced plans to launch a long-range variant of its FH electric truck, capable of covering up to 600 km on a single charge. According to reports, the new model is expected to hit the market in the second half of 2025 for customers requiring longer hauls. The truck features…
TotalEnergies: $444 Million Joint Venture Investment
TotalEnergies has announced plans to invest $444 million USD in a joint venture with Adani Green Energy to develop a 1,150 megawatt solar power portfolio in India. According to reports, the portfolio will consist of a mix of operational and under-execution solar assets. The joint venture will be split 50:50 between Adani Green and TotalEnergies….
Ford To Recall 90,736 Vehicles
Ford has issued a recall of 90,736 vehicles due to faulty engine intake valves that can break while driving, which would increase the risk of engine failure. Affected vehicles include 2021-2022 Ford F-150, Bronco, Edge, Explorer, Lincoln Nautilus, and Lincoln Aviator equipped with 2.7L or 3.0L Nano EcoBoost engines. Dealers will perform an engine cycle…
Brazil To Ban X Social Media
The Supreme Court in Brazil has announced plans to ban X, formerly known as Twitter, the social media platform owned by Elon Musk due to its refusal to comply with the country’s internet laws and regulations. According to reports, the court had requested that X remove certain profiles deemed harmful for spreading false information and…
Toyota To Recall 43,395 Vehicles
Toyota has issued a recall of 43,395 vehicles in the United States due to a problem with the tow hitch cover. According to the notice from the National Highway Traffic Safety Administration (NHTSA), the tow hitch cover can separate from the rear bumper while driving and become a road hazard, increasing the risk of a…
Google: $850 Million Investment In Latin America
Google has announced plans to invest $850 million USD to open a second data center in Canelones, Uruguay, in Latin America to contribute to the professional and technological development in Uruguay and the entire region. The report further mentions that the investment is expected to boost connectivity and support the development of government, businesses, and…
Tesla To Recall 870 Vehicles In China
Tesla has issued a recall of 870 imported vehicles in China due to defective roofs, with insufficient primer that could fall off in extreme cases during driving, posing a safety hazard. According to reports, affected vehicles include the Tesla Model X produced between March and July 2016. Tesla will inspect the recalled vehicles and test…
Eros Investments To Invest $1 Billion In Malaysia
Eros Investments is a leading Indian entertainment company founded in 1977 and headquartered in Mumbai, India. It acquires, produces, and distributes films, music, and digital content globally. According to reports, Eros has announced plans to invest $1 billion USD in Malaysia to develop an artificial intelligence park and movie studio. This investment is expected to…