Recent Posts - page 342

• Air France KLM narrows losses, even as Delta variant looms ahead

  By admin1 on July 30, 2021 • ( 0 )

  

  Following an easing of coronavirus travel restrictions along with positive cash flow during the second quarter of this month saw Air France-KLM seeing the first signs of recovery as the airline group narrows down its losses. “Obviously the first quarter was… Read More ›

• Europe Inc Emerge From Pandemic Blues With Strong Results

  By admin2 on July 29, 2021 • ( 0 )

  

  A generally buoyant mood among European companies staging a turnaround from the coronavirus pandemic was reflected in the better than expected financial earnings as reported on Thursday by carmaker Volkswagen, plane maker Airbus and energy major Royal Dutch Shell. The… Read More ›

• Hyundai Motor and LG’s battery unit form JV for sourcing batteries

  By admin1 on July 29, 2021 • ( 0 )

  

  On Thursday, South Korea’s LG Energy Solution and Hyundai Motor Group said, they plan on setting up a joint venture (JV) in Indonesia which will produce batteries for electric vehicles (EV) and plan on investing $1.1 billion each, with both… Read More ›

• Britain’s automotive sector churns up productions, caught up chip shortage whirlpool

  By admin1 on July 29, 2021 • ( 0 )

  

  In the first half of this year, although car production in Britain has risen by nearly a third from last year’s slump, volumes are however down on the five-year average with the coronavirus-induced COVID-19 pandemic continuing to cause staffing and… Read More ›

• SoftBank sells 45 million Uber shares

  By admin1 on July 29, 2021 • ( 0 )

  

  According to a source familiar with the matter at hand, SoftBank is selling around 45 million shares of its holdings in Uber Technologies Inc. With the news reaching the market, Uber’s shares tread downwards by 4.6% to $44 in extended… Read More ›

• Chip Shortage Will Affect iPhone Production, Says Apple, Forecasts Slow Growth

  By admin2 on July 28, 2021 • ( 0 )

  

  Production of iPhones is likely to be affected by the global chip shortage, said Apple Inc on Thursday, while saying that sale of its Macs and iPads have been hit by the shortage. The company also forecast slower revenue growth… Read More ›

• Following Record Quarterly Profit, Microsoft Forecasts Steady Cloud Revenue Growth

  By admin2 on July 28, 2021 • ( 0 )

  

  A boom in demand for its cloud services more than adequately offset a decline in sale of its PCs because of the global chip shortage helped Microsoft Corp to post its most profitable quarter on Tuesday as it comfortably beat… Read More ›

• Adecco Group acquires AKKA Technologies for $2.4 billion

  By admin1 on July 28, 2021 • ( 0 )

  

  On Wednesday, in a statement Adecco Group said, it has agreed to acquire AKKA Technologies for $2.4 billion (2 billion euros) and merge it with its own Modis tech brand. The acquisition’s synergy stems from the fact that AKKA’s its… Read More ›

• VISA reports 27% rise in total revenues to $6.13 billion in third quarter

  By admin1 on July 28, 2021 • ( 0 )

  

  Riding on the back with a boost in domestic spending, which has bounced back to close to pre-pandemic levels, and with international travel on the road to recovery with increased vaccinations across the globe, Visa Inc announced its quarterly profits which… Read More ›

• US could end up in a war in case of a major cyberattack: U.S. President Joe Biden

  By admin1 on July 28, 2021 • ( 0 )

  

  In a significant development U.S. President Joe Biden warned that Washington could end in a “real shooting war” with a “major power” in the event of a significant cyberattack on the United States. The warning comes in the wake of… Read More ›

• ‹ Older Entries
• Newer Entries ›