BUSINESS

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Boeing has withdrawn its contract offer to approximately 33,000 striking factory workers after negotiations reached an impasse. The strike, now entering its fourth week, shows no signs of resolution as both sides remain firmly entrenched in their positions.

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European and Chinese automakers showcased their electric vehicles at the Paris Motor Show on Monday, aiming to make them more affordable for the general public amid declining sales in various markets.

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The Japanese company that owns 7-Eleven has received a revised takeover offer from its Canadian rival, Alimentation Couche-Tard. This comes after the initial bid, valued at approximately $40 billion, was rejected earlier this year. Couche-Tard, the parent company of Circle K convenience stores, is hoping this revised proposal will be more enticing to the 7-Eleven owner, potentially setting the stage for a major shift in the global convenience store landscape.

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On Friday, the European Union instructed the Chinese-founded e-commerce platform Temu to provide additional information, expressing concerns that the site may not be doing enough to prevent the sale of illegal products.

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Boeing delivered 33 new aircraft to customers in September, defying challenges posed by an ongoing labor strike that has shut down two major assembly plants in Seattle. The company's ability to maintain production and meet delivery schedules amidst the strike underscores its commitment to fulfilling customer orders, despite the significant disruption.

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In a bold move to cater to its most discerning clientele, Rolls-Royce has opened its first U.S. “Private Office” in New York City’s trendy Meatpacking District. This exclusive VIP design studio is part of the British automaker’s strategy to enhance sales and profits by offering highly personalized, higher-priced vehicles rather than increasing production volumes.