The EU is preparing to use subsidies to support European companies which it sees as being at risk of being wiped out by American competition that is supported by US government aid, according to a […]
Federal Reserve policy meeting minutes show that a “substantial majority” of officials beleive it will soon be time to slow the rate of interest rate increases. The minutes show the central bank now appears poised […]
The world’s biggest publicly listed bitcoin miner by computing power, Core Scientific (CORZ), announced that it may run out of money before year’s end. At the end of October, the company had $32.2 million in […]
Business daily Nikkei Asia is reporting that strategists have noted central banks all over the globe have stepped up their gold purchases due to Russia’s assets being frozen under Western sanctions earlier this year. So […]
On Wednesday, Reuters reported that the Group of Seven (G7) nations is now considering imposing a price cap on Russian sea-borne crude in the range of $65-70 per barrel. EU leaders met on Wednesday to […]
Volkswagen has struck a deal with metalworking union IG Metall for the western German factories of the automaker. The deal will closely follow an earlier deal which was struck with the wider metal engineering industry, […]
Apple’s main iPhone manufacturing plant in China saw violent protests erupt as workers clashed with security personnel, due to harsh measures implemented to quell a Covid-19 outbreak. The Foxconn Technology Group plant ground to a […]
According to the office of South Korean President Yoon Suk Yeol, Tesla CEO Elon Musk has said he considers South Korea to be a top candidate for investment globally. The statement came following a virtual […]
On Tuesday the Securities and Exchange Commission officially charged Goldman Sachs Asset Management with violating its policies and procedures with respect to investing in Environmental, Socially-oriented, and Governance-oriented investments. The regulator fined the company $4 […]
California has an ambitious plan to force its trucking fleet to transition to all electric vehicles by 2035. However many are saying the move may be hampered by a lack of infrastructure, such as charging […]
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