Nio displays strong earnings as it is ready for a big production push
November 11, 2022: -On Thursday, Chinese electric vehicle maker Nio reported a loss of $577.9 million for the third quarter, hugely more …
Month: November 2022
The crypto industry may collapse if Binance supports FTX returns
November 11, 2022: -On Wednesday, Binance is backing out of its planning to acquire FTX, the company said, leaving Sam Bankman …
Lordstown to improve EV production with Foxconn acquisition
November 09, 2022: -On Tuesday, Struggling electric truck startup Lordstown Motors is planning to deliver the initial examples …
Ukraine is in trouble which runs out of air defenses, as Russia is launching drone attacks
November 09, 2022: -Ukraine is at risk of running out of air defense weapons and needs urgent support from the West to …
Almost 5% growth in Indonesia supply entry for Blibli
November 09, 2022: -On Tuesday, shares of Indonesian e-commerce company Blibli increased 4.9% in its stock demand …
Snap and Meta reached up after the FCC commissioner counted that the U.S. should refuse TikTok
November 3, 2022: -Shares of U.S. colonial media companies Snap and Meta spiked on the news that a Federal Communications …
Amazon has been selling off its market cap below $1 trillion
November 3, 2022: -Amazon has exited the trillion-dollar club. On Tuesday, shares of the e-retailer are coming down …
With 4,000 new employees, IRS is committed to better customer service
November 2, 2022: The IRS said it had passed a milestone of hiring 4,000 new customer service workers as the agency prepares for …
China’s factory activity decreased, bogged down by more Covid controls
November 2, 2022: On Monday, China’s factory activity decreased in October due to frequent Covid outbreaks, the National Bureau …
Eurozone inflation reaches a historic high of 10.7% as developmental delays
November 2, 2022: In October, Eurozone inflation increased above the 10% level, focusing on the severity of the living …