News

Note: This section contains information in English only.
Mon, 22 Jan 2024 12:30:04 GMT

Akasa Air comments on Boeing order

The Indian airline Akasa Air has revealed to the world that it is confident about a new order of 150 Boeing 737 Max airplanes, despite the recent cabin panel incident.

Mon, 22 Jan 2024 10:30:04 GMT

Honda sells hybrids

Honda Motor Corporation has announced that it would concentrate on selling light trucks and hybrid vehicles in the United States, during 2024.

Mon, 22 Jan 2024 08:30:04 GMT

Humana warns about costs

The health insurance company Humana has revealed that it expects demand for healthcare services to impact its costs throughout 2024. The news caused a 14% drop of the company's stock price.

Mon, 22 Jan 2024 06:30:04 GMT

US bank profits decline

United States banking sector profits have experienced a decline due to higher deposit and one-time charge costs. In general, the banks have had to give more to attract capital, as interest rates have been increased over 2023.

Mon, 22 Jan 2024 03:30:04 GMT

Reddit seeks IPO

Reuters has reported that the social media firm Reddit intends to have an initial public offering of its shares. The company has been considering a stock listing for three years.

Fri, 19 Jan 2024 21:30:03 GMT

Bitcoin ETF draws $2 billion investment

Reuters has reported that the newly launched Bitcoin Exchange Traded Funds have attracted investment that almost amounts to $2.0 billion.

Fri, 19 Jan 2024 19:30:04 GMT

FAA finishes 737 MAX 9 inspections

The United States Federal Aviation Administration has announced that it had finished the initial inspection of a group of 40 Boeing 737 MAX 9 airplanes.

Fri, 19 Jan 2024 17:30:03 GMT

Goodyear names new CEO

Bloomberg News has reported that Goodyear is set to name Mark Stewart from Stellantis as the company's new Chief Executive Officer.

Fri, 19 Jan 2024 15:30:13 GMT

EU demands information

The European Union's European Commission has sent information requests to 17 largest global tech companies. The authorities are requesting information under the EU Digital Services Act.

Fri, 19 Jan 2024 13:30:04 GMT

Birkenstock warns about earnings

The retail store chain Birkenstock has revealed that annual earnings would be lower than expected due to global expansion costs. The stock price dropped 12.00% on the announcement.

Fri, 19 Jan 2024 11:30:04 GMT

Google CEO comments on job cuts

In accordance with a report by The Verge, the Chief Executive Officer of Google Sundar Pichai has warned the company's employees that more layoffs would occur throughout 2024.

Fri, 19 Jan 2024 09:30:04 GMT

Intel experiences success against EU regulators

The United States chipmaker Intel has experienced luck in its $1.2 billion case against EU regulators, as an advisor of the court has ruled that the government officials had made mistake sin their economic analysis.

Fri, 19 Jan 2024 07:30:03 GMT

Spirit Airlines extends decline

The stock price of Spirit Airlines extended losses into Thursday. The company has lost more than 70% of its value since a US judge blocked its acquisition by JetBlue Airways.

Fri, 19 Jan 2024 05:30:04 GMT

TSMC bets on AI

Taiwan Semiconductor Manufacturing Company has revealed that it expects strong global demand for AI to cause a 20% increase of the company's revenue throughout 2024.

Fri, 19 Jan 2024 03:30:04 GMT

Oil prices rise due to demand

Crude oil prices have continued to surge as the IEA and OPEC have increased their forecasts for global demand of oil in 2024 and 2025.

Thu, 18 Jan 2024 21:30:04 GMT

US stocks reach new highs

The surge of the United States stock indices has continued, as the QQQ has reached a new all-time high and other indices were approaching their 2021 high levels.

Thu, 18 Jan 2024 17:30:04 GMT

OPEC expects more demand

The oil production cartel OPEC+ has revealed that it expects demand to continue to grow throughout 2024 and 2025.

Thu, 18 Jan 2024 15:30:04 GMT

Apple overtakes Samsung

Apple has managed to overtake Samsung Electronics as the top seller of smartphones. Apple has taken 20.00% of market share in 2023. Samsung has remained with a share of 19.4%.

Thu, 18 Jan 2024 13:30:06 GMT

US court stops JetBlue and Spirit Airlines deal

A United States federal judge has ruled that JetBlue Airways cannot acquire Spirit Airlines, as the deal would harm to consumers.

Thu, 18 Jan 2024 11:30:04 GMT

Aramco CEO comments on oil markets

The Chief Executive Officer of Saudi Aramco Amin Nasser revealed to Reuters that he expects the market to be impacted by tanker shortage and increasing demand.

Thu, 18 Jan 2024 09:30:04 GMT

Tesla cuts prices in Europe

In the aftermath of a price cut in China, Tesla has announced price reductions for its vehicles in Germany. The company recently lost its top electric vehicle sales spot to Volkswagen.

Thu, 18 Jan 2024 07:30:04 GMT

Lagarde comments on inflation

In an interview to Bloomberg the President of the European Central Bank Christine Lagarde has stated that the ECB would get inflation back to 2%.

Thu, 18 Jan 2024 05:30:04 GMT

Renault sales return to growth

In 2023, Renault sales have managed to return to growth. The company has ended the year with a 9% gain in global sales.

Thu, 18 Jan 2024 03:30:04 GMT

Google fires employees

It has been revealed that Google would fire hundreds of advertising sales team employees, as job cuts in the company continue into 2024.

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