Business
-
Japanese Newspaper: Toyota Cuts Deep in Production Due to Chip Shortage
Car manufacturer Toyota is significantly reducing its production worldwide due to chip shortages that particularly plague the car industry. The Japanese company’s production target ... -
Tesla is Looking for Relationship Managers to Polish Reputation in China
Tesla is looking for relationship managers to strengthen ties with the Chinese authorities and to polish the reputation of the Chinese. This is apparent ... -
Bloomberg: Aramco has Billions to Spare for Indian Reliance Share
Saudi Arabia’s state oil company Saudi Aramco is willing to pay tens of billions of dollars for a stake in the oil refineries and ... -
Bill Gates Willing to Invest Billions in the US Infrastructure Plan
Microsoft founder Bill Gates promises to invest almost 1.3 billion euros in projects in the US through his climate fund if the US government ... -
China Telecom Faces Largest IPO This Year
China Telecom faces the largest IPO this year. With its IPO in Shanghai, the company could raise to 54 billion yuan. The upcoming listing ... -
Space Company Virgin Galactic Doubles Price Tag
Virgin Galactic, the space company of billionaire Richard Branson, again sells tickets for a space trip. The prices start at 450,000 dollars. The new ... -
Factory Orders Boost Recovery of German Economy
German factory orders rose in June. This shows that the recovery of Europe’s largest economy is accelerating. Moreover, the scaling back of the corona ... -
Google Accuses of Thwarting Competition Through Deal with Facebook
Google is accused in the US of having thwarted innovation from other companies through a deal with Facebook. That agreement allowed Google to maintain ... -
BMW Makes Big Profit But Also Comes With Warning
BMW made a significant profit in the past quarter. The German automaker delivered many more cars compared to last year when the coronavirus outbreak ... -
European Industry Takes on A Lot of New Staff
European industry is hiring new workers in record time. In doing so, companies are trying to keep pace with the strong order growth, which ...