In 2024, Shanghai Port achieved a significant milestone by handling 3.63 million vehicles through its roll-on/roll-off (ro-ro) operations, marking a 15% increase from the previous year. This accomplishment propelled Shanghai Port to the forefront of global automobile ro-ro ports, surpassing Belgium’s Port of Antwerp-Bruges, which managed 3.23 million vehicles in the same period. sh-sgl.com A…
Bitcoin, the world’s leading cryptocurrency, has suffered a steep decline, falling below the $80,000 mark. This marks its most significant continuous drop since 2022, raising concerns among investors about the potential onset of a bearish trend in the crypto market. Bitcoin’s Steady Fall from Its Peak Bitcoin’s recent plunge represents a dramatic reversal from its…
Tesla’s stock took a significant hit, dropping 9% and falling below the $1 trillion valuation mark for the first time in months. The decline follows a sharp drop in Tesla’s sales across key European markets, particularly Germany and France, fueling concerns about the company’s near-term growth. Sharp Decline in European Registrations January proved to be…
In a significant downturn, the cryptocurrency market has experienced a loss exceeding $110 billion in value within a 24-hour period. This sharp decline has been marked by Bitcoin’s struggle to maintain stability around its 50-day moving average and notable drops in altcoins such as Solana, which have been affected by recent security concerns at major…
United Breweries Limited (UBL), India’s leading beer producer, has announced plans to establish a new greenfield brewery in Uttar Pradesh (UP), marking its first such investment in over a decade. The decision, approved by the company’s Board of Directors on February 13, 2025, entails an investment of ₹750 crore and aims to bolster UBL’s presence…
Washington, D.C. — During a recent White House gathering, former U.S. President Donald Trump announced that Apple CEO Tim Cook plans to shift the company’s manufacturing operations from Mexico to the United States. This move, according to Trump, aims to avoid tariffs on imported goods while bolstering domestic investment. Trump emphasized that Cook expressed a…
Lulu Group International, a prominent UAE-based conglomerate led by billionaire Yusuff Ali M.A., is set to make a significant investment in India’s retail landscape. The company has announced plans to construct a massive shopping mall in Ahmedabad, Gujarat, with an investment of ₹3,000 crore. This development is poised to be India’s largest mall, marking Lulu…
Pingjiang County, China – A team of geologists in China has made a groundbreaking discovery, unearthing a massive gold deposit in Pingjiang County, Hunan Province. The deposit, located in the Wangu gold field, is estimated to contain approximately 1,000 tons of gold, with a valuation of ₹7.09 lakh crore. Experts believe this could be one…
Qatar has announced a significant investment of $10 billion in India, marking a major step in reinforcing the economic partnership between the two nations. The announcement follows high-level discussions between Indian Prime Minister Narendra Modi and Qatar’s Amir, Sheikh Tamim bin Hamad Al Thani, during his recent visit to New Delhi. Strengthening Economic Relations The…
Tesla, the world’s leading electric vehicle (EV) manufacturer, is actively seeking land to establish its first production facility in India, with Maharashtra emerging as a strong contender. According to a report by The Economic Times (ET), the American automaker has begun evaluating potential locations and is in discussions with state officials regarding the project. Tesla’s…