The latest in a series of high-level meetings, two top Tesla executives spoke with representatives from India’s investment promotion agency in New Delhi about the company’s aspirations to enter the market, according to reports quoting information from two source with direct knowledge… Read More ›
Month: July 2023
G20 Countries Unable To Agree On Emission Reduction Objectives During Discussions
The Group of 20 (G20) major countries were unable to come to terms on specific goals for reducing harmful emissions on Friday, instead issuing a statement that called the present climate change mitigation efforts “inadequate.” The deadlock, which was the… Read More ›
AstraZeneca Q2 Performance Above Expectations, Although COVID Vaccine Sales Declined
AstraZeneca reported second quarter earnings and sales that exceeded expectations on Friday, offsetting a decline in COVID-19 vaccination sales with a good showing from its blockbuster cancer medications. The Anglo-Swedish pharmaceutical company had its shares rise as far as 4.8%… Read More ›
Agreement Between Argentina And The IMF Staff Level Is Expected To Combine Evaluations Of The $44 Billion Loan
According to four sources, Argentina’s preliminary agreement with the IMF is expected to consolidate evaluations of its $44 billion loan programme, potentially paving the way for streamlining payments to the cash-strapped nation. The third-largest economy in Latin America has been… Read More ›
Investors Are Selling Off China Linked Assets And Investing More In Other Emerging Markets
Global investors are increasingly choosing to avoid China’s markets in favour of those of other rising nations that are either benefiting from or far removed from the geopolitical and growth uncertainties that loom over the world’s second-largest economy. According to… Read More ›
China Export Restrictions Will Reduce Company Revenue, Says US Commerce Secretary
The Biden administration is attempting to precisely target U.S. export restrictions to China, but regulations may cost businesses some income, according to Gina Raimondo, the secretary of commerce, on Wednesday. At a seminar, Raimondo stated that restrictions shouldn’t be so… Read More ›
Microsoft And Google Realize They Have To Spend More Money On AI To Make Money
Future profits from artificial intelligence are anticipated to be significant for tech behemoths like Microsoft and Alphabet. But before profits start to affect the bottom line, expect deeper investments, the corporations said on Tuesday. According to Microsoft, prices increased significantly… Read More ›
Meta, Microsoft, And Hundreds Of Others Own Trademarks To The New Name Twitter Name
Elon Musk, a billionaire, decided to rebrand Twitter as X, but it may be difficult legally because Microsoft and Meta already own the intellectual property rights to that letter. X is a candidate for legal problems because it is used… Read More ›
China’s Real Estate Giants Fall As The Cash Constraint Hits
The real estate sector in China experienced a crisis of confidence on Monday as stocks and bonds dropped to about eight-month lows amid worries about a cash shortage at two of the nation’s largest developers, Country Garden and Dalian Wanda…. Read More ›
China Will Intensify Policy Changes Amid A Difficult Recovery
In the midst of a difficult post-COVID recovery, China’s top leaders committed on Monday to increase policy support for the economy, focusing on increasing domestic demand and indicating additional stimulus measures. The second-largest economy in the world expanded at a… Read More ›