Browsing Category
Business
Chinese Export Growth Slows to Lowest Level in Two Years
Chinese export growth slowed to its lowest level in nearly two years in April due to the severe corona lockdowns in Shanghai and other parts of the country.
Partly due to factory closures and supply chain problems, the growth in…
Bloomberg: Four European Customers Pay Gazprom in Rubles
Four European buyers of Russian gas have already settled in rubles. Bloomberg reported this based on an anonymous insider at state gas company Gazprom.
In addition, ten European companies are said to have opened an account with…
European Parliament Backs USB-C as a Universal Charger
A universal charger for small and medium-sized electronic devices will be launched in a few years' time on the European market. That is certain now that, after the Member States, the European Parliament has also sided with the Commission's…
ICS: Higher Freight Costs Due to Ukraine War Push Up Food Prices
The war in Ukraine is making it more expensive worldwide to transport bulk goods such as grain, and those costs will remain high for the time being. This effect comes on top of the already sharp rise in wheat prices, warns the International…
Chinese Economy Slows in March Due to Coronavirus Revival
Chinese economy growth slowed in March due to a resurgence of the coronavirus. Consumption, among other things, declined due to strict lockdown measures and the consequences of the war in Ukraine, which points to a worsening outlook.…
Cloudflare Acquires App Scanner Vectrix
Cloudflare, best known for its network security services, has announced that it has acquired Vectrix. That company specializes in detecting threats in SaaS applications.
With the acquisition of Vectrix, CloudFlare aims to…
American Merchants can Now Use iPhone as a Payment Terminal
Merchants in the United States will now be able to use an iPhone as a payment terminal without the need for additional equipment. Tech giant Apple on Tuesday announced this.
Apple has only provided payment services to buyers…
Shell Allowed to Search for Oil off the Coast of South Africa by Judge
Oil and gas company Shell is allowed to conduct seismic surveys off the east coast of South Africa to search for oil. A South African judge has decided that.
Greenpeace and other environmental groups wanted to prevent the…
Unilever Expects Commodity Prices to Rise Further
Laundry and food group Unilever expects the rise in raw material prices to continue until the middle of next year. "The top has not yet been reached," said CEO Alan Jope.
The company behind brands such as Dove, Knorr and Magnum has…
Evergrande Crisis Now no Risk to China’s Economy, According to IMF
The Chinese economy is not running any significant risks for the time being due to the crisis at real estate group Evergrande.
According to the International Monetary Fund (IMF), President Xi Jinping's government has mitigated the…