Business - Page 106

General Motors (GM) managed to maintain its position as the top-selling automaker in the United States in 2023, surpassing its rival, Toyota Motor. This achievement came as a result of improved supply

Health insurer Cigna Group is currently engaged in exclusive discussions to sell its Medicare Advantage business to Health Care Service Corp (HCSC). Sources familiar with the matter revealed that this potential deal

The U.S. federal government has reached a historic milestone, with its total public debt surpassing $34 trillion for the first time, according to the U.S. Treasury Department’s latest report. This alarming increase

In 2023, the U.S. new vehicle market witnessed a modest yet noteworthy increase in sales, primarily propelled by the persistent demand for crossover SUVs and pickup trucks. This upturn was instrumental in

A former employee of Vitol, the world’s largest oil trader, is about to face trial in the United States this week for alleged bribery of officials in Ecuador to secure a $300

Saudi Arabia’s stock market got off to a promising start in 2024, riding high on the anticipation of interest rate cuts by the U.S. Federal Reserve later in the year. This positive

The FDA has raised concerns about the production of Axiofill, stating that it involves more than “minimal manipulation,” a claim vehemently disputed by the company behind the product. This revelation comes after

Li Auto Inc, a prominent Chinese automotive company, has revealed its plans to debut its first all-electric vehicle in March, with deliveries commencing around the same time. This announcement comes as a

According to a report published on January 1st, Saudi Arabia’s Public Investment Fund (PIF) played a significant role in global sovereign wealth fund spending in 2023, accounting for approximately 25% of the