Chinese stock markets were up on Monday. Investors appear to be confident that the further lifting of the corona measures in Beijing will lead to a rebound in economic activity. Investors came back from a long weekend. Stocks related to the electric car industry were especially among the winners. […]
Sony Aims to Acquire More Game Studios
Published on :Maker of game console PlayStation Sony aims to acquire more game studios and wants to increase investments in, among other things, live services and mobile and PC applications. That said the head of the game department of the Japanese company. According to Jim Ryan, chairman of Sony Interactive Entertainment, […]
Saudi Arabia Stands Behind Oil Partner Russia
Published on :Despite the war in Ukraine, Russia’s role in the OPEC+ oil cartel will not change substantially. That message was sent by Saudi Arabia, the largest oil-producing country in OPEC +. In addition to OPEC members, there are also some allies such as Russia and Kazakhstan, the British business newspaper […]
Newspaper: Musk Uses SpaceX Stake to Pay for Twitter Deal
Published on :Billionaire Elon Musk may sell part of his stake in space company SpaceX to finance the acquisition of social media company Twitter. The American newspaper New York Post states, based on insiders, that shares of SpaceX will be sold this week via a so-called private placement. Musk would be […]
US and EU Work Together to Combat Chip Shortage
Published on :The United States and the European Union are expected to develop a plan on Monday to tackle disruptions in the semiconductor chain. These are important for the production of computer chips, among other things, of which there is a significant shortage due to previous disruptions due to the pandemic. […]
Chip Shortage Continues to Affect Sony and Nintendo
Published on :Sony and Nintendo come with less good numbers than expected. Although the demand for game consoles is high, their makers cannot build enough copies due to a lack of parts. The shortage would last until next year. Nintendo was able to sell a fifth fewer copies – 23.1 million […]
Internet and Games Company Tencent Falls on Lower Hong Kong Stock Market
Published on :In Hong Kong, where investors returned after a long weekend, Chinese internet and games company Tencent was under pressure on Tuesday. The markets were still reacting to the new rules of the Chinese internet regulator to protect minors better when playing games and following live streams on the internet. […]
Chinese Export Growth Slows to Lowest Level in Two Years
Published on :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 Chinese goods exports slowed last month to 3.9 percent […]
Bloomberg: Four European Customers Pay Gazprom in Rubles
Published on :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 Gazprombank to pay for gas from Russia in rubles. Russian President Vladimir […]
European Parliament Backs USB-C as a Universal Charger
Published on :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 proposal. In the future, all smartphones, tablets, headphones and other […]