The Hong Kong stock market rose sharply on Thursday. Profits were also made on the other stock exchanges in the Asian region. Investors brushed aside concerns about the rapid advance of the Delta variant of the coronavirus and took advantage of the positive mood on Wall Street. The interest […]
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LeBron James Talks to Nike about Springhill Sale
Basketball player LeBron James is in talks with sports brand Nike and other interested parties about a sale of his production company Springhill Company. This is reported by the Bloomberg news agency based on insiders. Tech website The Information, which previously reported on a possible sale, wrote that the […]
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European Commission Puts Digital Tax on Hold Until October
The European Commission is suspending the preparation of its proposal for the introduction of a digital tax until October. With this decision, the Commission wants to provide ample scope for the completion of the international agreement on the taxation of multinationals. Last weekend, the G20 finance ministers reached an […]
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Strong Recovery for Nikkei After New Wall Street Highs
The stock market in Tokyo showed a strong recovery on Monday after recent losses. Investors brushed aside concerns about the advance of the Delta variant of the coronavirus and moved on to the new all-time highs on Wall Street last Friday. The other important stock market indicators in the […]
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Opel Breathes New Life into Iconic Manta with Electric Model
Automaker Opel is introducing a new variant of the iconic Manta. The automaker plans to start production of the all-electric Manta-e by the middle of this decade. Opel previously presented a kind of study model of the Manta-e. According to the car manufacturer, the reactions after the unveiling were […]
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Shell Will Pay Out More Money to Shareholders
Oil and gas group Shell will pay out more money to shareholders, now that the economic recovery from the corona crisis and high energy prices are being greatly benefited. Shell reported this in an update on the course of business in the second quarter. The Anglo-Dutch company plans to increase […]
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No Forced Labour in the Production of Raw Materials for Solar Panels in China
Forced labour is not used in China’s Xinjiang province to produce raw materials and materials for solar panels. That says the Chinese solar panel industry association after the United States imposed restrictions on imports of those raw materials last week because of suspicions of forced labour. Many of those […]
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United Airlines Orders Hundreds of Aircraft from Boeing and Airbus
United Airlines has ordered 270 new aircraft from Boeing and Airbus. The American Boeing is allowed to supply two hundred aircraft of the type 737 MAX, and Airbus receives an order for seventy units of the type A321neo. In total, United’s order is worth about $15 billion, market experts […]
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Shareholders Toshiba Oppose Reappointment Chairman
Toshiba shareholders voted Friday against the reappointment of Japanese technology and electronics group chairman Osamu Nagayama. That came after revelations about Nagayama’s attempts to influence the vote on proposals from activist investors. It is rare for shareholders in Japan to so openly oppose directors. Earlier this month, an investigation […]
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Nikkei Crashes Amid US Interest Rate Fears
The stock market in Tokyo fell sharply on Monday. Investors sold their shares amid fears of a faster-than-expected rate hike in the United States. The US Federal Reserve (Fed) said last week that interest rates are likely to rise sooner than expected, and the head of the central bank […]