Business Archives - Page 5 of 41

Elon Musk Changes Name to ‘Kekius Maximus’ on X

1Jan

By Aqsa AzamNo Comments

Business

Elon Musk Changes Name to ‘Kekius Maximus’ on X

Elon Musk's name change to "Kekius Maximus" on X has sparked widespread discussion and speculation. The choice of name is a combination of "kek" (a popular internet meme sound) and the Roman general Maximus Decimus Meridius. The accompanying profile picture featuring "Pepe the Frog" adds another layer of internet culture symbolism. Elon Musk, the world’s richest man and owner of the social media platform X is known for his quirks. He has once again captured attention by changing his name to "Kekius Maximus" and updating his profile picture to feature Pepe the Frog, a popular internet meme. The image depicts Pepe dressed in golden Roman-style armor, holding a video game controller, reflecting Musk’s humor and love for memes. The new name has sparked curiosity and speculation. "Kekius...

Osamu Suzuki, Pioneer of Affordable Cars in India, Dies at 94

27Dec

By Aqsa AzamNo Comments

Business, Global

Osamu Suzuki, Pioneer of Affordable Cars in India, Dies at 94

Osamu Suzuki, a prominent figure in the Japanese automotive industry, passed away at the age of 94. He served as the chairman of Suzuki Motor Corporation for over four decades, leading the company's global expansion and solidifying its position as a major player in the automobile market. Osamu Suzuki, the legendary leader of Suzuki Motor Corporation, passed away at the age of 94 due to lymphoma. Known for his sharp business sense and simplicity, Suzuki led the company for over four decades, transforming it into a global automotive giant. Born Osamu Matsuda on January 30, 1930, in Gifu, Japan, Suzuki joined the company through an arranged marriage into the Suzuki family. He took on the family name and joined Suzuki Motor in 1958, becoming its president in 1978. Under his leadership, ...

Honda and Nissan Plan Historic Merger by 2026

24Dec

By Aqsa AzamNo Comments

Business

Honda and Nissan Plan Historic Merger by 2026

Recent reports suggest that Honda and Nissan are in talks to merge by 2026. This would create the third-largest automaker in the world. While the merger is still in its early stages, it has the potential to reshape the global automotive landscape. Honda and Nissan, two of Japan's biggest carmakers, have announced plans to merge by 2026. The merger aims to create the world’s third-largest car group, trailing only Toyota and Volkswagen. The two companies hope to combine resources to better compete with electric vehicle (EV) leaders like Tesla and Chinese automakers such as BYD. At a press conference in Tokyo, Honda CEO Toshihiro Mibe and Nissan CEO Makoto Uchida explained that the partnership is essential to address rising challenges in the EV market. “The rise of Chinese automakers a...

Bangladesh and Pakistan Look to Mend Ties After 1971

20Dec

By Aqsa AzamNo Comments

Business, Pakistan

Bangladesh and Pakistan Look to Mend Ties After 1971

Bangladesh and Pakistan met during the D-8 summit in Cairo to discuss improving bilateral relations. Both leaders agreed to enhance trade in sectors like chemicals, IT, surgical goods, and leather, and to promote cultural and sports exchanges. Bangladesh's interim leader Dr. Muhammad Yunus expressed a desire to resolve issues stemming from the 1971 separation from Pakistan during a meeting with Prime Minister Shehbaz Sharif. The two leaders met on the sidelines of the D-8 summit in Cairo, where they discussed strengthening bilateral relations. Bangladesh and Pakistan were once one nation but split in a brutal 1971 war, with Bangladesh then drawing closer to Pakistan's arch-rival India. Dr. Yunus, a Nobel laureate, emphasized the importance of moving past historical grievances to bui...

Elon Musk Becomes First Person to Reach $400 Billion Net Worth

12Dec

By Aqsa AzamNo Comments

Business, Global

Elon Musk Becomes First Person to Reach $400 Billion Net Worth

Elon Musk's net worth has surpassed $400 billion, making him the first person in history to reach this milestone. This significant achievement is primarily attributed to the success of his ventures, including Tesla and SpaceX. Moreover, Musk's involvement in other ventures, including Neuralink and The Boring Company, further adds to his wealth. Elon Musk has set a new record by becoming the first person in history to reach a net worth of $400 billion. This milestone comes after a significant boost in the valuation of his rocket company, SpaceX, which surged to $350 billion. The rise was fueled by a $1.25 billion insider share purchase deal, reflecting growing investor confidence in the company’s potential. Musk is the CEO of Tesla and SpaceX, along with ventures like Neuralink, xAI,...