Business
-
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 ... -
Selling Expensive Cars Helps Volkswagen Move Forward Despite Chip Shortage
Volkswagen has raised its profit forecast for this year. The company already made more profit in the first half of the year than in ... -
Facebook is Likely to Present Solid Growth Figures Again
Facebook is likely to report solid growth figures again today. Like other social media companies, the Menlo Park-based company has benefited from economies reopening ... -
Amazon Removes 200 Million Fake Reviews
Amazon removed more than 200 million false product reviews from its websites worldwide last year. The company is also increasingly taking legal action against ... -
GM Stops Production of Pickup Trucks Due to Chip Shortage
The American car group General Motors (GM) will stop production of pickup trucks at plants in the United States and Mexico next week due ...
