News of New York

IKEA's $1.1 Billion Strategy: Slashing Prices Amid Global Deflation for Crisis Resilience
29 November 2023
3562
The IKEA Effect For those accustomed to frequent shopping, the recent years may have involved skillful navigation through store aisles and bracing for potential price increases on beloved items like sandwiches, eggs, or home decor. Encouragingly, a ...
Stock futures rise early in the week
27 September 2021
3420
Futures rise US stock futures rose ahead of the release of data expected to show an increase in demand for durable goods. S&P 500 futures rose 0.3 per cent and Dow Jones Industrial Average futures rose 0.5 per cent. Contracts do not necessarily...
Tesla begins delivering Model Y to Europe ahead of plans
26 August 2021
3889
Model Y in Europe Tesla (TSLA) continues to achieve its goal of expanding sales in more markets. The first Model Ys appeared in Europe earlier this month. Tesla (TSLA) this month began mass deliveries of...
Bayer's quarterly net profit jumped 40%
12 May 2021
4305
Bayer earnings The net profit of German chemical and pharmaceutical concern Bayer AG jumped 40% to EUR 2.09 billion in the first quarter, compared to EUR 1.49 billion in the same period of ...
Deutsche Telekom's quarterly net profit up 2%
12 May 2021
4481
Deutsche Telekom AG net profit Deutsche Telekom AG (DE:DTEGn), Europe's largest telecommunications company, posted net profit of €936 million in January-March 2021, compared to €916 million in the same period in 2020 (up 2.2%), the company...
Chinese electric car makers prepare for European market expansion
22 April 2021
5004
Market expansion in Europe Nio plans to start shipping its electric cars to Europe in May; its competitor XPeng has already delivered its first 300 electric cars to Norway. Analysts predict that Europe will become ...
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