Things have gotten considerably more complicated for Elon Musk and Tesla in the past few years so right now might be a good time to take a look back at one of the billionaire’s lighter moments.Somehow, it’s been five years...
U.S. stock index futures were trading lower on Wednesday, as investors looked for fresh catalysts to move the market higher and waited to hear from a cluster of Federal Reserve speakers. How are stock-index futures trading? S&P 500 futures ES00,...
Trade between China and the United States reached a record high in 2022, Politico reported, indicating the world’s two largest economies are more interconnected than ever, despite rising concerns of their impending ‘decoupling’. The United States imported $538.8 billion...
Société Générale reported a 35 per cent drop in fourth-quarter net income on Wednesday, as the bank increased its provisions for bad loans fivefold in expectation of customers struggling to repay their debts.France’s third-biggest bank comfortably beat analyst expectations in...
Japan has revealed it sold $48 billion worth of the US currency in a bid to support the under-pressure yen in October. Ministry of Finance (MOF) data released on Tuesday showed it made record interventions in the foreign exchange...
Another day, another solar EV car startup in dire straits, but this one is getting creative when it comes to raising funds. Sono Motors is a German automotive startup founded in 2016 by three friends who wanted to bring a mid-size...
Movie-theater chain and meme-stock darling AMC Entertainment Holdings Inc. has announced “Sightline at AMC,” with ticket pricing based on sightlines to the movie screen within the auditorium. AMC’s stock AMC, +11.84% rose 5.7% Monday, compared with the S&P 500 index’s...
BP announced plans to boost spending and increase returns to shareholders after its profits more than doubled to almost $28bn in 2022, the highest annual earnings in the company’s 114-year history.The group’s underlying profits for last year were $27.7bn, eclipsing...
Two recently introduced cell phones offer additional safety considerations for use in industrial environments. The first is i.safe MOBILE’s IS540.1, which is described as the world's first ATEX and IECEx Zone 1/21-approved and explosion-proof 5G smartphone. Features include:A high-performance chipset from...
U.S. Agriculture Department officials on Friday proposed new nutrition standards for school meals, including the first limits on added sugars, with a focus on sweetened foods such as cereals, yogurt, flavored milk and breakfast pastries.The plan announced by Agriculture Secretary...
