Browsing Category
Business
Shell Considers Sale of Stake in Largest US Oil Field
Oil and gas company Shell may sell its assets in the largest US oil field. It would be an essential step for the company in the transition to sustainable energy, and insiders told Reuters news agency.
Shell has recently come under…
China Producer Prices Rise at Fastest Pace Since 2008
The prices charged by Chinese manufacturers for their products rose in May at the fastest pace since 2008. Rising raw material prices are to blame for the price increase.
It also creates price pressure worldwide.
Producer prices…
Amazon Builds Data Center in Spain
Amazon will invest 2.5 billion euros in constructing a new data centre in the north of Spain. The building should be operational within a year.
The new location will open in mid-2022 and will be located in the Spanish region of…
Daimler Plans to Ramp Up Mercedes-Benz Production in China
Car manufacturer Daimler wants to increase the production of Mercedes-Benz in China.
According to documents on the Chinese website, the German company, which has a partnership in China with the Chinese BIAC Motor, wants to increase…
Elon Musk: The Biggest Challenge for Tesla is the Chip Shortage
The chip shortage in the global auto sector is currently the biggest challenge for Tesla. That's what CEO Elon Musk said on Twitter.
According to him, companies are now buying up far more computer chips than they need for fear of…
Regulator Examines EU Contracts With Amazon and Microsoft
The European Data Protection Supervisor (EDPS) investigates contracts that Amazon and Microsoft have with European institutions.
These may no longer comply with EU legislation for sending data to countries outside the country…
China Intensifies Campaign Against Rising Commodity Prices
The Chinese government is intensifying a weeks-long campaign to contain the rise in raw material prices. On Sunday, authorities convened the leaders of the largest metal producers.
After the meeting, Beijing threatened severe…
Lufthansa Returns to Tel Aviv After the Ceasefire
German aviation group Lufthansa will start flying again to Israeli Tel Aviv from Sunday, now that Israel and the Palestinians have signed a ceasefire.
More than a week ago, those flights were suspended due to the flaring violence…
1 Million Workers Wanted in the UK: Thousands of European Workers Left Due to Brexit
The United Kingdom is looking for as many as one million employees. "Hundreds of thousands of European employees have left because of Brexit and Corona.
There is a fear that the economy will slow down if the deficit is not…
Stock Markets in Japan Lower Due to Corona Concerns
Stock exchanges in Japan and Taiwan showed heavy losses on Monday amid concerns about the corona situation in both countries.
In Japan, a state of emergency was introduced in three additional regions last Friday. The slow…