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'Appalling' false convictions for UK Post Office 'thefts' spur outrage
Public anger is mounting over what has been described as Britain's biggest ever miscarriage of justice that saw hundreds of subpostmasters wrongly convicted of theft because of a computer software glitch. Prime Minister Rishi Sunak has described the scandal as an "appalling miscarriage of justice" that should "never have happened".
Golf legend Tiger Woods says Nike partnership ending
Tiger Woods announced Monday that he was ending a longstanding partnership with Nike, thanking the sports brand in a social media post that alluded to "another" unspecified chapter.
iPhone survives 16,000-foot fall from Alaska Airlines flight
Now that's what you call airplane mode -- an iPhone that plummeted 16,000 feet (5,000 meters) from an Alaska Airlines flight landed without a single crack in the screen and even a battery still half-charged. The battery is shown charged to 44 percent and the smartphone remains on flight mode.
Rolls-Royce delivers record number of cars in 2023
Rolls-Royce Motor Cars delivered a record number of luxury vehicles last year when clients also began taking possession of its first all-electric Spectre model, the German-owned brand said Monday. Deliveries, also described as sales by the group, were largely flat over the year, with 11 more vehicles handed over to clients compared with 2022, it added.
EU approves 900-mn-euro German aid for battery plant
The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.
Stock markets drop as early US rate cut chances recede
Stock markets retreated Monday, extending a weak start to the year, after a forecast-busting US jobs report further dampened hopes of an early cut to interest rates in the world's biggest economy. "Solid US jobs growth, cautious Fed minutes and a still robust US economy raise doubts about markets' aggressive Fed rate-cut expectations," it added.
Vinfast plans first EV factory in India
Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market. In the statement, the company said that the "VinFast Tamil Nadu project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units".
Asian markets drop as US jobs deal fresh blow to early rate cut hopes
Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut. "Solid US jobs growth, cautious Fed minutes and a still robust US economy raise doubts about markets' aggressive Fed rate-cut expectations."
Boeing hit by new headwinds in recent mid-flight scare
A mid-air emergency in which a piece of fuselage came off a Boeing 737 MAX 9 jetliner as it flew over the US west coast dealt a new blow to the oft-beleaguered manufacturer.
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