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Renault will sell its majority stake in Russian carmaker AvtoVAZ to a Russian scientific institute. The French car group confirmed this on Monday. A Russian minister already stated that AvtoVAZ, the company behind the car brand…
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Billionaire Jeff Bezos has accused US President Joe Biden of deception on Twitter. Biden linked high inflation to the relatively low taxes paid by the richest companies on the social medium. Bezos, the founder of online store group…
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The European Union will not just tear up the trade deal with the United Kingdom, even if the British unilaterally decide to cancel the Northern Ireland agreements. This is what British Brexit Chances Minister Jacob Rees-Mogg told BBC Radio.…
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The United Kingdom's economy contracted slightly in March as households curbed their spending due to high inflation. According to the British National Statistics Office, there was a 0.1 percent contraction compared to a month earlier.…
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Oil and gas group Shell wants to increase the number of charging stations for electric cars in the United Kingdom tenfold in the coming years. The expansion of the charging infrastructure is part of a broader investment plan for cleaner…
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Match Group, the company behind dating apps such as Tinder and OkCupid, has sued Google in the US state of California for alleged abuse of power within its Play Store. In that app store for Android phones, apps must process payments through…
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Technology companies were again under pressure on the New York stock exchanges on Monday. Concerns about high inflation and rising interest rates gripped the markets. Higher interest rates are generally bad news for equities,…
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Consulting and engineering company Arcadis is designing a new factory for charging stations for the American company Wallbox. The factory will be located in Arlington, Texas. Wallbox produces smart charging systems for vehicles,…
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Under Armor plunged 21 percent on the New York stock exchange on Friday. The sportswear seller struggled with supply chain problems and the lockdowns in China last quarter. As a result, the sports brand suffered an unexpected loss. …
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Adidas lost 400 million euros in turnover in the first quarter. That is because corona lockdowns in Vietnam caused problems in the supply chain, the German sports brand says. As a result, products were often less readily available,…
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