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 dangers so that the Chinese economy is not affected by the impending collapse […]
One of the largest airports in Europe, Heathrow in London, may only increase its fares to a limited extent. With the higher fares, the airport hoped to make up for losses due to corona restrictions, much to the dismay of airlines and the British aviation authority. At Schiphol, too, […]
New Zealand is set to quadruple its spending on international climate aid. In doing so, the country wants to do something about what it claims to be a “sadly inadequate” response to climate change’s challenges to the world. On Monday, Prime Minister Jacinda Ardern announced that her country’s budget […]
The number of new cars sold in the European Union fell by more than 23 percent in September compared to the same month in 2020. The biggest problem for car manufacturers is the persistent shortage of chips, according to the European automotive industry association ACEA. Last month, 718,598 cars […]
The death toll from Tropical Storm Kompasu in the Philippines has more than doubled. According to the national disaster service, at least thirty people have died as a result of flooding and landslides. There are thirteen missings. Most of the deaths were in the northern province of Ilocos Sur. […]
The Israeli cloud security specialist Wiz has raised a capital of 250 million dollars. After the close of this Series C financing round, the company now has a valuation of six billion dollars. The Tel Aviv-based cloud security startup plans to invest its Series C proceeds in expanded support […]
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 temporarily impossible to load and unload containers at the Yantian port in Shenzhen, the technology capital of China. The number of ships waiting to […]
The European Union is currently surveying competitors of Microsoft Teams. A sign that a competition lawsuit may be coming. According to Reuters, questionnaires have been sent to Teams competitors. Europe also wants to know whether the integration of Teams in Microsoft Office gives the former more weight in the […]
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 to the high prices of computer chips. Samsung sold more than a million foldable phones in South Korea. The company launched its latest range […]
Democrats and Republicans in the US Senate appear to be getting closer to an agreement on the level of the US debt ceiling. A proposal from Republican Senate faction Mitch McConnell was well received by Democrats on Wednesday, although it is still unclear whether they will approve. As a […]
