Xiaomi flags marks surging chip costs

Source: Dukascopy Bank SA
Xiaomi, China's smartphone maker, flagged surging costs caused by the global chip shortage, reporting its Q4 revenue below expectations, while the company's shares fell 9%.
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Fri, 26 Mar 2021 05:57:38 GMT

Ford to stop Mondeo sedan output in EU

Ford Motor is planning to gradually abandon its Mondeo sedan vehicle in Europe as soon as early 2022 amid the US carmaker's plan to shift to SUVs and electric cars.

Thu, 25 Mar 2021 22:23:49 GMT

Greenwood attracts $40M from big banks

Atlanta's digital banking start-up Greenwood announced on Thursday it had raised $40M from US financial institutions, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, etc.

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