Business

Elon Musk's tweet about taking the electric car maker Tesla private was "hasty" but "irrefutably true." That's what Musk's lawyer stated in his opening argument to jurors in San Francisco federal court. The jury will soon have to…
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The tourism industry in the European Union is almost as busy as it was in the last year before the corona pandemic. Hotels, bed and breakfasts and other accommodations in the country block provided more than 2.7 billion overnight stays last…
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China has extracted a record amount of coal in the past year. A total of 4.5 billion tons of coal was mined, the Chinese statistics office has calculated. That is an increase of 9 percent compared to 2021. Gas production also…
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China imported fewer computer chips last year than a year earlier, China Customs reports. Corona lockdowns and outbreaks in China partly caused the drop of more than 15 percent. As a result, several factories could not run at full…
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Tesla has now also reduced the prices of its electric cars in the US domestic and key European markets by up to 20 percent. Earlier, the carmaker lowered all its prices in China, the primary car market in the world. The company,…
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In recent times, life worldwide has become a lot more expensive due to increased inflation. Therefore, many employees hope to get a higher salary from their employer. The financial concerns among the Japanese fashion company Uniqlo…
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A large freighter has become stuck in the northern part of the Suez Canal. Tugs are trying to refloat the ship, but it is still unclear how long that could take and what the impact will be on shipping traffic on this important shipping…
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The stock market in Hong Kong rose sharply on Monday. Chinese tech companies, in particular, showed substantial profits, led by Alibaba. In addition, investors processed reports that Chinese tech billionaire Jack Ma is relinquishing control…
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