Industries

The Cadillac Lyriq is sold out for 2023

Cadilac has sold out the first year's production for the Lyriq electric SUV and is now taking orders on 2024 models as it ramps up production to meet demand.

Nike to fully exit Russia

Retail giant Nike has decided to fully exit Russia following the country's invasion of Ukraine. The company said it would scale down operations there.

Oil prices extend losses

Oil prices fell further on Thursday following a 3% drop in the previous session on concerns higher interest rates will slow the economy and put a dent in fuel demand.