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Hundreds of COVID-19 cases detected at Tesla plant in the US
15 March 2021
3564
COVID-19 at Tesla factory Musk restarted operations near San Francisco last May, despite a quarantine imposed by state authorities. He was supported by former President Trump. After that, a COVID-19 ...
Beijing accuses Alibaba of dishonest business
15 March 2021
3455
Unfair business The Chinese authorities intend to impose the largest antitrust fine in the country's history on Internet platform Alibaba. This was reported by The Wall Street Journal (WSJ). According to WSJ sources, Alibaba is to be fine...
American optimism about the economic situation and the COVID-19 epidemic
15 March 2021
3262
Despite the fact that the one-year pandemic throughout the world and America, including, continues, according to a recent poll, Americans look to the future with great optimism and hope. As more and more vaccines become available, this optimism also...
Norges Bank bought shares in major electric car companies
15 March 2021
4120
Buying shares The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter. The world's largest company by market capitalisation Apple (AAPL) and electric car makers Te...
US court ruling suspends ban on investment in China's Xiaomi
13 March 2021
3719
Investment in Xiaomi A court in Washington has temporarily blocked enforcement of a US ban on investments in Chinese company Xiaomi, calling the decision to blacklist the tech giant "deeply flawed". The Wall Street Journal reported this on Friday. ...
Gett wants to enter the market by linking up with SPAC
12 March 2021
3810
Entering the market Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
General Electric shares fell 15% in 3 days
12 March 2021
3619
The company's share price U.S. shares of General Electric Co (NYSE:GE). have fallen 14.6 percent in the past three days after coming close to a 3-year high on March 8. The company made a number of announcements this week that impacted inv...
Vir Biotechnology is ready to present a new drug for COVID-19
12 March 2021
3775
New drug from COVID-19 Vir Biotechnology (NASDAQ:VIR) shares jumped more than 30% in trading in New York. Shares rose after the company said its experimental treatment COVID-19, being deve...
Inflation in the U.S. rose in February due to higher petrol prices
12 March 2021
3524
US inflation The US Labor Department said on Wednesday that consumer prices in February rose at the fastest rate in six months. Economists forecast core inflation to reach 2.5 per cent in the spring, but said the increa...
Oracle's quarterly report beat Wall Street estimates
12 March 2021
3469
Oracle's report and forecasts Oracle shares fell on Wednesday after the close of trading as the company gave a fourth-quarter outlook below analysts' expectations. However, Oracle's revenue and profit growth accelerated in the third quarter and the ...
Trading on the stock exchange brought in $25bn to Elon Musk in 24 hours
10 March 2021
3641
Elon Musk's fortune Earlier, the entrepreneur's fortune in terms of his ownership stake in Tesla had fallen by $27bn. Shares in the Tesla company owned by Elon Musk continue to rise significantly in trading on Wednesday, boosting the entrepreneur's...
Tesla shares up 20% on strong sales in China in February
10 March 2021
3633
Tesla sales in China Tesla shares rose sharply on Tuesday after the company posted an 18% rise in sales of its electric cars in February compared with January, contrasting with a ...
Amazon chief plans to spend $10bn on climate change by 2030
10 March 2021
3619
Investing in an environmental fund Amazon CEO Jeff Bezos plans to spend the $10 billion he has invested in the Bezos Earth Fund by 2030. This was reported by ABC television channel on Wednesday, citing a statement by the director of t...
Epic Games sues Google in Australia for consumer rights infringement
10 March 2021
4689
Consumer rights infringement Video game developer Epic Games filed a complaint in the Federal Court of Australia on Wednesday against a branch of technology giant Google, accusing it of violating local consumer protection law. It...
Nasdaq has had its best day in four months
10 March 2021
3558
Best day in four months US stock indices ended Tuesday's trading up, with the Nasdaq Composite having its best session in four months amid a rebound in shares of major technology companies following a sell-off the day before. The Dow Jones Industri...
Venture capital investments in women's startups
9 March 2021
3507
Analyzing the reporting year 2020 for women's startups and the impact of the pandemic on them, data were obtained from the agencies that are worth considering in detail. If we consider women investors, then it should be noted that this phenomenon ha...
Xpeng's revenues quadrupled
9 March 2021
4769
Xpeng earnings and losses Xpeng reported better-than-expected quarterly earnings, but losses exceeded analysts' estimates. Xpeng is building a third plant in China and is preparing to launch a new electric sedan with autonomous driving by the end of...
The fate of Coney Island
8 March 2021
4788
Hoping for the best As City Councilman Mark Treyger pointed out, for the residents and businesses of Brooklyn's Coney Island neighborhood, which he represents, last year was very challenging. He said: "The epidemic and its aftermath led to the local...
SEC urged court to reject XRP holders' petition
8 March 2021
3663
Petition rejection The US Securities and Exchange Commission (SEC) has filed a motion to dismiss Ripple's XRP token holders application. The document has been sent to the Rhode Island District Court. In early January 2021, a group of investors dema...
Netflix buys movie with Christian Bale for $ 55 million
8 March 2021
3634
Buying a film The highest-profile business news from the Sundance Film Festival in early February was the purchase of the film Coda by online platform Apple TV+. The streaming service paid $25 million for the film about a talented girl singer from a...
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