Budget airline Ryanair stops a controversial test for South African passengers, CEO Michael O’Leary has announced. The prize fighter asked travellers with a South African […]
Category: Business
TSMC: No Plans for European Chip Factory
TSMC, the world’s largest chip maker, says it has no concrete plans to build a new factory in Europe. In the US, the price tag […]
Beijing’s Corona Easing is Good for Investors’ Mood
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 […]
Sony Aims to Acquire More Game Studios
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 […]
Saudi Arabia Stands Behind Oil Partner Russia
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 […]
Newspaper: Musk Uses SpaceX Stake to Pay for Twitter Deal
Billionaire Elon Musk may sell part of his stake in space company SpaceX to finance the acquisition of social media company Twitter. The American […]
US and EU Work Together to Combat Chip Shortage
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 […]
Chip Shortage Continues to Affect Sony and Nintendo
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 […]
Internet and Games Company Tencent Falls on Lower Hong Kong Stock Market
In Hong Kong, where investors returned after a long weekend, Chinese internet and games company Tencent was under pressure on Tuesday. The markets were […]
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 […]