The Chief Executive Officer of Tesla Elon Musk has revealed in an interview that his use of Ketamine has been benefiting Tesla investors.
The tech company Super Micro Computers has joined the S&P 500 company list, as its value has surged due to demand for AI servers and close cooperation with NVidia.
The US tech giant NVidia has revealed a new AI chip, the B200, which is set to be 30 times faster at some tasks than the preceding chips.
The weight loss drug producer Novo Nordisk has revealed that it would place more grants outside of the home country of Denmark.
BYD, the Chinese electric vehicle producer, continues to reveal upgraded car models with lower prices. Most recently the Destroyer 07 hybrid has received a makeover and an 11.3% reduction in price.
The founder of the Vietnamese electric vehicle producer VinFast has created a new company named V-Green. The firm is set to develop new EV charging stations.
The Bank of Japan has hiked its base interest rate from the -0.10 rate up to +0.10. This it he first rate hike in Japan in 17 years. The event has ended the eight years of negative interest rates in Japan.
The pharmacy giant Pfizer has reduced its stock holdings in the toothpaste Sensodyne maker Haleon from 32% to 24%. These news caused a decline of Haleon's share price.
Bloomberg has revealed to the world that Apple and Google are negotiating a deal that would benefit Google. Namely, Apple intends to use Google's Gemini to power iPhone AI features.
Recent comments made by Bank of England policy makers have hinted that on Thursday the central bank is set to keep the Pound's base interest rate unchanged. Policymakers are looking for more confirmation that inflation has slowed down.
After the US legislators voted to force ByteDance to sell TikTok or be banned, advertisers have expressed views that they would move to other platforms for advertising in the United States.
Reuters has reported that Japanese banks have been training staff for a potential Bank of Japan rate hike.
Various analysts surveyed by Reuters have come to a consensus that the Bank of Japan would end its negative rate policy in April. However, some expect policy tightening already on Tuesday.
The stock price of Tesla has surged by almost 7.00% during Monday's early trading hours. Markets have reacted to the news of upcoming Model Y price increase in various countries. Tesla has announced that starting from March 22 it would increase Model Y prices in several European countries by around 2,000 Euros.
Reuters has reports that the initial public offering of Reddit has been oversubscribed by potential buyers by five times more than the company intended to attract.
Swisscom have acquired Vodafone Italia for a total of 8 billion Euros. The acquired firm is set to be merged with Swisscom's Italian daughter company Fastweb.
The largest German real estate corporation has revealed staggering losses. The firm has lost 6.76 billion EUR in 2023, compared to 669 million EUR in 2022.
A union of top Japanese firms have decided to increase wages by an average of 5.28% in 2024. The increase is set to boost inflation and pressure the Bank of Japan to tighten monetary policy.
The Japanese automakers Nissan and Honda have agreed to cooperate in the production of key parts of electric vehicles. In addition, the companies would work together on AI in auto software platforms.
Despite government measures to support the real estate market, in February Chinese new home prices extended their decline. Prices have been declining for eight months straight.
Reuters has reported that Chinese wheat buyers have been postponing or cancelling their orders from Australia due to a global surplus of the commodity.
US Commerce Department has reported that the US firm inventories have remained unchanged in January as stocks increases have been offset by a decline at the wholesalers and manufacturing levels.
European Union antitrust regulators have allowed Cisco to acquire the cybersecurity company Splunk for a total of $28 billion.
In an effort to boosts its rare-disease drug portfolio, AstraZeneca intends to acquire Amolyt Pharma for a total of $1.05 billion.