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‘A declaration of bankruptcy’: Unions lash out as Volkswagen weighs possible German plant closures

September 4, 2024 by admin

Management at German automotive giant Volkswagen is set to go toe-to-toe with workers on Wednesday as leaders are set to present details about possible cuts.

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Mongolia was meant to arrest Russia’s President Putin last night. It didn’t, and now it’s in trouble

September 3, 2024 by admin

Mongolia, as a member of the International Criminal Court, should have arrested the Russian president as soon as he landed on Mongolian soil Monday evening.

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UK suspends some arms export licenses to Israel

September 2, 2024 by admin

British Foreign Minister David Lammy said Monday that the country would immediately suspend some arms export licenses to Israel.

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What’s stalling China’s stock market recovery, according to KraneShares’ CIO

August 31, 2024 by admin

With investors fleeing Chinese stocks over growth concerns, the case for fiscal intervention could be stronger than ever.

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Brazil’s top court orders nationwide suspension of Elon Musk’s X

August 30, 2024 by admin

Brazil’s supreme court on Friday ordered a nationwide suspension of Elon Musk’s social network X after the company vowed to defy earlier court orders.

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Warren Buffett leads Berkshire Hathaway to new heights at age 94

August 30, 2024 by admin

“It’s been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight,” Oaktree’s Howard Marks said.

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Dell beats estimates as server sales soar 80%, riding AI wave

August 29, 2024 by admin

Dell said it recorded $3.1 billion of AI server sales in the quarter, up from $1.7 billion in the May quarter.

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Nvidia reports 122% revenue growth on surging demand for data center chips

August 28, 2024 by admin

Nvidia reported second fiscal-quarter earnings Wednesday after the bell.

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Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report

August 27, 2024 by admin

Nvidia has been the primary beneficiary of the AI boom, as a handful of the richest technology companies order billions of dollars of the company’s processors.

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Apple announces iPhone event for Sept. 9

August 26, 2024 by admin

The launch event will be streamed on Apple’s website and YouTube.

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