With rising tensions related to the Ukraine crisis, the European Central Bank is preparing banks for a possible Russian-sponsored cyber attack, according to two people familiar with the situation, as the continent prepared for the financial consequences of any conflict…. Read More ›
Sustainability
‘Strong Momentum’ In Domestic Markets Helps BNP Paribas Beat Quarterly Performance Expectations
BNP Paribas’ net profit for the fourth quarter of 2021 exceeded forecasts by analysts, thanks to strong activity in domestic markets, the lender said. For the quarter, the bank’s net income attributable to shareholders was 2.31 billion euros ($2.63 billion)…. Read More ›
US And Japan Strike Agreement To Eliminate Steel Tariffs Imposed During Trump-Era
The United States and Japan have come to an agreement to reduce tariffs imposed by Trump on the import of about 1.25 million metric tonnes of Japanese steel imports each year. Under the terms of the agreement, Japan promises to… Read More ›
Apple Could Launch iPhone SE 2022 And iPad In March: Reports
On March 8, Apple is set to release a plethora of new items. According to Bloomberg, Apple is planning to release a new low-cost 5G iPhone, an iPad, and a new Mac. This would be Apple’s first product launch in… Read More ›
Automakers And Chip Makers Have Different Forecasts For End Of Semiconductor Shortage
Auto giants such as General Motors, Ford Motor, and Hyundai Motor estimate that the global semiconductor chip shortage that has been ongoing for almost two years will ease to an extent by the second half of 2022. However, makers of chips for auto companies forecast… Read More ›
With Rise In Transportation Costs, Competition For Cargo Planes Is Also Increasing
As the shipping supply problem deepened last summer, an Italian cargo plane was quickly filled with thousands of lipsticks. They had a tight timetable to get to the United States. Mehir Sethi, CEO, and founder of True + Luscious, a… Read More ›
Boris Johnson Promises A Rewrite Of EU Legislation Will Promote Growth
Boris Johnson, the UK Prime Minister, has promised that a plan to change EU legislation that will be copied over after Brexit will encourage businesses to invest in the country. A “Brexit Freedoms Bill,” according to the prime minister, will… Read More ›
Media Firms Should Gear Up As Investors Are No Longer Impressed With Streaming Video
Media and entertainment corporations have been dead intent on demonstrating to Wall Street that they have a strong streaming video plan to battle traditional pay-TV declines for the past two years. The theory was that taking more of a customer’s… Read More ›
Musk Predicts Robots Will Be A Bigger Industry Than Tesla Cars
Elon Musk prefers to have a single focus at a time, and it appears that robots will be his focus this year. On a Tesla earnings call, he told investors that his fledgling robot ambitions had “the potential to be… Read More ›
US Warns That A Russian Strike On Ukraine Would Be “Horrific”
A Russian invasion of Ukraine, according to US General Mark Milley, would be “horrific” and result in a large number of casualties. The build-up of 100,000 Russian troops along Ukraine’s border, according to Gen. Milley, is the highest since the… Read More ›