Business
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British Politicians Want to Tackle Banks That Invest in Oil
A group of UK parliamentarians have called on the Bank of England (BoE) to tackle banks’ investments in fossil fuels by making them pay ... -
German Newspaper: 1.1 Billion Euros German Subsidy for Tesla
Car manufacturer Tesla receives a subsidy of more than 1.1 billion euros from Germany to realise its battery cell factory in Grünheide near Berlin. ... -
Australia’s Economy Grew Before Strict Lockdowns Went into Effect
Australia’s economy grew in the second quarter before facing strict lockdowns with combating the corona pandemic. Economists, therefore, expect that the economy will be ... -
Eurozone Inflation Rises to Highest Level Since 2011
Inflation in the eurozone rose to 3 percent year on year in August. That is the highest level since the end of 2011. The ... -
Computer Manufacturer HP Feels Slow in Growth Due to Chip Shortage
Computer and printer manufacturer HP Inc. suffered from the global chip shortage last quarter. As a result, the American company cannot take full advantage ... -
South Korea Raises Interest Rates Against Overheating Economy
South Korea has raised interest rates to prevent the economy from overheating. It is the first time in nearly three years that the Bank ... -
German Economy Benefits from Consumer Buying Appetite
The German economy grew slightly faster in the second quarter of this year than originally estimated. The recovery in Europe’s largest economy was fueled, ... -
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 ...
