News

Note: This section contains information in English only.
Tue, 05 Mar 2024 19:30:09 GMT

Tesla suffers due to sales decline

The stock price of Tesla has started a decline during this week, as the company's sales in China had declined to a low level not seen for a years.

Tue, 05 Mar 2024 17:30:04 GMT

Santander fires employees

Bloomberg has reported that the Spanish Banco Santander is set to fire 320 US employees, as the bank automates retail processes.

Tue, 05 Mar 2024 15:30:05 GMT

Chevron idles factories

Due to poor market conditions, Chevron has paused production at two biodiesel facilities in the US Midwest.

Tue, 05 Mar 2024 15:05:44 GMT

Dollar drops due to ISM Services PMI

At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined.

Tue, 05 Mar 2024 11:42:02 GMT

Bitcoin reaches new high

The price for Bitcoin has continued to surge, as on Tuesday morning it reached above the 68,500.00 level. The price is close to reaching the 2021 all-time-high level near 69,000.00.

Tue, 05 Mar 2024 11:30:04 GMT

New companies face EU tech laws

The European Commission has revealed that the social media platforms TikTok and X and the hotel website booking.com could meet the EU criteria that would subject the firms to the union's tech regulation.

Tue, 05 Mar 2024 09:30:05 GMT

Toyota invests in Brazil

The Brazilian Vice President and Industry Minister Geraldo Alckmin has stated that Toyota is set to invest $2.2 billion in Brazil.

Tue, 05 Mar 2024 07:35:03 GMT

Indian government scolds Google

The Indian Information Technology Minister Ashwini Vaishnaw has stated that Google's removal of some apps in India cannot be allowed.

Tue, 05 Mar 2024 07:30:04 GMT

GM recalls trucks

General Motors Company has announced that it is recalling 820,000 pickup trucks due to a tailgate issue.

Tue, 05 Mar 2024 05:30:03 GMT

NVidia CEO comments on human tests

The Chief Executive Officer of NVidia Jensen Huang has recently stated that Ai could pass human tests during the next five years.

Tue, 05 Mar 2024 03:30:03 GMT

Nissan and Fisker consider partnership

Reuters has reported that the electric vehicle company Fisker has been in talks with Nissan. The advance talks could result in Nissan acquiring an EV truck.

Mon, 04 Mar 2024 21:30:03 GMT

Chile bets on lithium

The Finance Minister of Chile Mario Marcel has revealed that the country intends to allow and develop additional three or four lithium projects by 2026.

Mon, 04 Mar 2024 19:30:04 GMT

Airbus evaluates new acquisition

Reuters has reported that Airbus has been considering the acquisition of a Spirit AeroSystems factory in Northern Ireland.

Mon, 04 Mar 2024 16:02:24 GMT

Apple receives major fine

The US tech company has been fined by the European Union regulators with a 1.84 billion Euro fine for unfair competition in the music streaming market. Apple is accused of thwarting the fair market by using App store restrictions.

Mon, 04 Mar 2024 15:35:03 GMT

NVidia reaches new record

The chipmaker NVidia has continued to gain value, as the total market capitalization of the company has reached above the $2 trillion benchmark.

Mon, 04 Mar 2024 15:30:04 GMT

Norfolk Southern suffers due to train accident

The stock price of the US rail company Norfolk Southern is expected to decline at the start of Monday's trading session due to an accident occurring during the weekend. A train has derailed and spilled diesel with plastic pellets into a river.

Mon, 04 Mar 2024 13:30:03 GMT

Fitch downgrades NY Community Bancorp

The US rating agency Fitch has downgraded the New York Community Bank to BB+ rating, as the bank experiences weakness.

Mon, 04 Mar 2024 11:15:29 GMT

Bitcoin reaches 65,000.00

The price for Bitcoin has extended its recovery, as on Monday morning the digital currency reached above the 65,000.00 mark.

Mon, 04 Mar 2024 09:30:04 GMT

Dell experiences growth

The stock price of Dell has surged by more than 20% due to the company reporting higher than expected 2023 financial results and future demand expectations.

Mon, 04 Mar 2024 07:30:05 GMT

ADM reveals weakness

Archer Daniels Midland has revealed that the company is set to publish an issue with material weakness in the company's internal control of financial reporting.

Mon, 04 Mar 2024 05:30:03 GMT

Factories look for growth

In February, producers around the world have encountered struggles to grow their output, as a demand in China has affected the whole world.

Mon, 04 Mar 2024 03:30:04 GMT

NYCB stock declines

The share prices of the New York Community Bancorp have plummeted due to bad loan review results.

Fri, 01 Mar 2024 21:30:04 GMT

Thailand bans cannabis

The government of Thailand has announced that it would ban recreational cannabis by the end of the year. The decision is set to end the existence of a $1.2 billion cannabis shop industry.

Fri, 01 Mar 2024 19:30:03 GMT

Brazil's economy up 2.9% in 2023 but stagnates in Q4

In 2023, the Gross Domestic Product of Brazil has increased by 2.9%. However, the economy appears to have stagnated in the last quarter of the year.

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