Euro Area and EU Swing Into Trade Deficit in November as Imports Widen
(Eurostat) Euro area posted a trade deficit of 1.5 billion euros in November 2021, the first negative balance since January 2014 and a fall from a surplus of 25 billion…
Meta’s Facebook Faces a $3.2 Billion Fine in Class Action Suit over Market Dominance
(Reuters) Meta’s social media giant Facebook is targeted in a class-action lawsuit in the UK over market dominance that could lead to a fine of up to 2.3 billion pounds…
China’s Trade Surplus Hits a Record $676 Billion in 2021 After a Jump in December
(NBS) China posted a trade surplus of $676.43 billion in 2021, up from $523.99 billion in the prior year and the highest on the series record since 1950. In the…
Nvidia Becoming a Go-To Chip Maker for Chinese EV Makers in Catch up With Tesla
(CNBC) US chip giant Nvidia is riding on new successes in China as top EV startups, including Nio and Xpeng, turn to it for their supplies to rival market leader…
Tesla Starts Accepting DOGE for Eligible Products at its Stores
(Tesla) Tesla has said it will accept Dogecoin payments for certain products at its stores, saying they are not allowing any other crypto. The company says shoppers can purchase the…
Ford Enters the $100 Billion Club as Investors Bet on its EV Prospects
(Bloomberg) Ford Motor Co. shares rose up to 3.84% on Thursday to trade at $25.40 apiece, helping the company to top the $100 billion market capitalization. The new milestone by…
Virgin Galactic’s Announced $500 Million Debt Dents Stock
(Virgin Galactic) Shares of Virgin Galactic plunged more than 15% on Thursday after the company said it eyes $500 million debt. The company will float $425 million convertible senior notes…
US Jobless Claims Makes an Advance of 23,000 in the First Week of the Year
(Department of Labor) US jobless claims for the week that ended January 8 totaled 230,000, up 23,000 from the previous week. On a four-week moving average, jobless claims rose by…
Cannabis Compounds Found to Stop Covid-19 Virus, Oregon University Study
(NIH) Researchers affiliated with Oregon State University have found that compounds found in cannabis blocks the virus that causes Covid-19 from invading the cells. The researchers say that two cannabinoid…
Swiss National Bank Announces a Successful Test of “Wholesale” CBDC with 5 Banks
(SNB) The Swiss National Bank says it has used a digital version of currency to settle transactions with five different banks. Known as Project Helvetia, the trials were conducted in…
TSMC Announces $44B Capex to Address Chip Issues as Q421 Income Hits a Record
(TSMC) TSMC intends to invest $40 billion to $44 billion in 2022 to address chip issues, with the shortages propelling it to a record NT$166.23 billion or $6 billion net…
Cruise Operator Genting Stock More than Halves in Resumed Trading on Debt Issues
(CNBC) Genting Hong Kong shares fell more than 50% on Thursday after resuming trading since it was halted four days ago. The fall in the cruise operator’s stock happened after…
- Go to the previous page
- 1
- …
- 290
- 291
- 292
- 293
- 294
- 295
- 296
- …
- 476
- Go to the next page