How Is The Lending Sector Performing During Record-Low Interest Rates?
After nearly quarterly losses of $13 billion in 2020, Banco Santander SA (NYSE:SAN) reported net income of $2.5 billion in Q2 2021, beating analysts’...
Chinese Products Are Facing New Logistics Problems
Companies in China are facing new logistics problems that are increasing container shipping costs up to five times. The pandemic and trade disruptions...
Logistics Twist: Amazon Is Delivering Packages Of Its Competitors
Amazon Inc (NASDAQ:AMZN) has started delivering packages of the likes of eBay Inc (NASDAQ:EBAY) and Etsy Inc (NASDAQ:ETSY) through its MFC division. W...
How To Invest Your Pandemic Savings In Times of Uncertainty
For those looking at investing their pandemic savings, stocks could be a solid option because, based on past performance, “the market has outrun infla...
Ford To Spend More On EVs Than On ICE Vehicles In 2023
Ford Motor Company (NYSE:F) is set to invest more in electric vehicles than on internal combustion engines as of 2023, according to a top executive. Q...
Toyota Lobbying Against EV Adoption In U.S. Congress
Toyota Motor Corp (NYSE:TM) (TYO:7203), the largest automotive manufacturer, is being accused by critics of lobbying against the adoption of electric...
HSBC Increased Profit By 268% In The First Half Of 2021
HSBC Holdings plc (NYSE:HSBC) earned $7.2 billion in the first half of the year, which represents a 268% increased profit compared to the same period...
AstraZeneca, Still Unsure Of Need For COVID-19 Booster
Pascal Soriot, CEO of AstraZeneca plc (NASDAQ:AZN), said the company still doesn’t know if a third dose of its COVID-19 vaccine will be necessary to m...
Boeing reports earnings for the first time in nearly two years
The general spread of COVID-19 vaccines globally is seen as the main driver of the company's encouraging second-quarter results.
Boeing Reports Profit For The First Time in Almost Two Years
Boeing Co (NYSE:BA) reported profit for the first time in six quarters, thanks to the travel industry comeback and the increased deliveries of its bes...
Nium Valuation Surpassed $1 Billion After Series D Round
Nium, the business-to-business payments processor based in Singapore, has raised $200 million in a Series D round led by Riverwood Capital. The compan...
Ford, Amazon to Invest $2.5 Billion in Start-Up Rivian
Ford Motor Company (NYSE:F) and Amazon Inc (NASDAQ:AMZN) have announced a $2,5 billion investment round in the Michigan-based electric cars start-up R...
Philip Morris To Stop Selling Marlboro in The U.K. in 10 Years
The Marlboro cigarette brand will disappear from U.K. shelves 10 years from now, after more than a century of taking up tobacco shop space. Q2 2021 he...
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