Samsung considers four sites in U.S. for $17 billion chip plant
Samsung overtakes Intel to become the world’s largest chipmaker Samsung Electronics Co Ltd is considering…
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Losses at Renault: 8 billion and a difficult 2021 due to the coronavirus and semiconductors
Renault reduced its turnover by 21.7% in 2020, to stand at 43,474 million euros, compared…
Airbus reduces losses by 16.8% in 2020, to 1,133 million and will not distribute dividends this year
Airbus expects aircraft deliveries to be stable after 2020 losses Airbus recorded losses of 1,133…
Adidas puts Reebok on sale
Reebok International Limited is an Anglo-American footwear and clothing company The German manufacturer of sporting goods Adidas announced on Tuesday that it will…
Tesla doubles electric car sales in China in 2020
Tesla’s investment in the China market is paying off Tesla Inc’s (NASDAQ: TSLA ) sales in China doubled in…
What recovery? Clothes retailers cut orders while factories fight to survive
Apparel retailers cut orders while Asian factories fight to survive Clothes retailers in Europe and…
Bezos to give Amazon reins to cloud boss Jassy as sales rocket past $100 billion
Jeff Bezos to step down as Amazon CEO Amazon.com Inc founder Jeff Bezos will step…
The Chinese group HNA goes bankrupt
HNA Group Co., Ltd., is a Chinese conglomerate headquartered in Hainan, China. Founded in 2000, it is involved in numerous…
Reddit revolution puts Wall Street in check and sets off regulator and investor alarms
Maximum tension in the dispute between Reddit and vulture funds over GameStop shares The combined…
Apple logs record quarterly smartphone shipments, Huawei in freefall
Apple Does It Again: New Record Quarter In Sales Apple Inc’s smartphone shipments jumped 22%…
Twitter acquires the Revue newsletter platform
Revue – An editorial newsletter tool for writers and publishers Twitter reported on Tuesday that…
Lucid In Talks With Saudi Arabia’s Sovereign Wealth Fund For EV Factory, Governor Confirms
Lucid Motors, Inc. is an American automotive company specializing in electric cars Lucid Motors is in talks with Saudi…