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Chinese property giant Country Garden denied Thursday its founder and chairwoman had fled the country, as the debt-saddled builder flirts with a default that could send shockwaves through the industry. But her company is now on the frontlines of China's property crisis that has seen a string of debt-laden builders either defaulting or threatening to do so.
Amazon said it hopes to expand drone delivery into Britain and Italy by late next year, as it unveiled new warehouse robots and tech in its race to get shoppers.
Asian markets tumbled Thursday on fears the Israel-Hamas crisis would spill over into a wider conflict in the Middle East, with some warning that a full-blown war was increasingly likely. "The window for a diplomatic off-ramp to avert a wider war in the Middle East appears to be closing," said RBC Capital Markets' Helima Croft.
The United States will ease some oil and gas sanctions against Venezuela after the South American country's government and opposition agreed to hold elections next year, the Treasury Department said Wednesday.
Linguistics experts are turning to cutting-edge technologies to revitalize threatened Native American languages -- and rejuvenate generations of Indigenous tradition -- through new approaches such as children's books and smartphone apps. TLC, which has a $3 million budget, regularly teams up linguists with Native American language teachers to work on these dictionaries.
Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts. Musk has undertaken multiple price cuts throughout 2023 on vehicles, telling investors in April that the company has taken the view that pushing for higher sales is the right choice versus taking a bigger margin.
Netflix on Wednesday said subscriber numbers grew more than 10 percent to 247 million in the recently ended third quarter as it cracked down on passwords and refined an ad-supported tier. The streaming service said in an earnings report that its nascent ad-supported offering was gaining traction, with the number of members increasing nearly 70 percent in the quarter.
Letoya Makhene's grandmother recently turned 101 years old. The actress shared the news on social media, grateful to still have her grandmother around.
In a heartening initiative, a TikTok video has captivated Mzansi as it showcases people queuing at Macro to exchange their old electronics for vouchers.
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