The global shortage of semiconductors will limit car production in Germany “at least until 2024”. This is apparent from an analysis by the consultancy Alix […]
Category: Business
European Companies are Frantically Searching for New Emergency Loans
Companies struggling with high inflation and rising operating costs desperately seek new short-term liquidity. The extent to which companies are now looking is comparable to […]
Boeing Loses Billions Due to Contracts Without Inflation Adjustment
Boeing plunged deep into the red last quarter due to setbacks in its defence branch. This is because, partly due to the high inflation, Boeing […]
Wall Street Mixed Ahead of Microsoft and Alphabet Figures
Stock markets in New York showed a mixed picture after the opening bell on Tuesday after the strong recovery in the past two trading days. […]
UK Chancellor of the Exchequer Reverses Tax Cuts
New British Chancellor of the Exchequer, Jeremy Hunt, is reversing almost all of his predecessor’s tax cuts. According to Hunt, borrowing money to pay for […]
iPhone Refurbisher Swappie Reaches One Million Customers
Swappie, the specialist in purchasing and selling refurbished iPhones, has just given the millionth device a second life. However, the Finnish company still sees a […]
Billions Loss for Parent Company TikTok
TikTok’s parent company, ByteDance, suffered a billion-dollar loss last year. The Chinese tech group behind the popular movie app grew rapidly but also spent a […]
Expensive Energy and High Interest Rates Slow Down World Trade According to WTO
Higher interest rates and sharply increased prices for energy and fertilizers will have a major impact on world trade next year. According to the World […]
Development Bank Wants to Tackle Asia With Billions of Food Crisis
The Asian Development Bank wants to tackle the food crisis on the continent with the financing of at least $ 14 billion until 2025. In […]
Gas Price Drops Significantly Due to Energy Measures in Countries
The European gas price fell to its lowest level in almost two months on Monday. The decrease follows the measures that more and more European […]