Tropical Storm Kompasu, which is hitting the coast in southern China, is causing further problems in the supply chain. Due to the storm, it is […]
Category: Business
Samsung Profits from Sales of Foldable Smartphones
Samsung Electronics benefited from strong demand for its foldable smartphones in the third quarter. The South Korean group also managed to increase its profitability thanks […]
Democrats Appear to Agree to US Debt Ceiling Hike
Democrats and Republicans in the US Senate appear to be getting closer to an agreement on the level of the US debt ceiling. A […]
Difficult Supplies Lead to Sharp Decline in German Factory Orders
German industry received far fewer new orders in August than a month earlier. This indicates that the material shortages and longer delivery times, which many […]
Qatar to Build Four New Tankers for Transporting Natural Gas
Qatar has placed an order with a Chinese shipbuilder for four new tankers to transport liquefied natural gas (LNG). Qatar wants to respond to […]
Order Receipt Chip Company ASMI Well Above Its Own Expectations
Order intake from Dutch chip supplier ASM International (ASMI) will be significantly higher in the third quarter than previously expected. ASMI said this in the […]
EU and US Trade Summit in Pittsburgh to Continue Anyway
The planned trade summit between European member states and the United States, which is scheduled for next week in Pittsburgh, USA, will continue. The […]
Real Estate Giant Evergrande Skyrockets on Hong Kong Stock Exchange
Shares of ailing Chinese real estate group China Evergrande Group shot up Thursday. Investors in Hong Kong returned from a day off and were still […]
Taxi Company Uber is Expected to be Close to A Profitable Business
Taxi company and meal delivery company Uber seems close to the moment when the American company is finally really profitable. In a new forecast, […]
Apple Releases Software Update for Security Vulnerability
Tech company Apple calls on all users of the more than 1.6 billion Apple products to perform a software update immediately. This was after a […]