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iPhone Maker Foxconn Expects to Sell Less This Year
Foxconn, one of the world's largest electronics manufacturers and the maker of Apple's iPhones, expects sales to be lower this year than last year. The Taiwanese company, formally Hon Hai Precision Industry, previously counted on the same…
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WeWork Lost Nearly 23 Percent on the New York Stock Exchanges on Wednesday
WeWork lost nearly 23 percent on the New York stock exchanges on Wednesday. Investors were shocked by the statement of the American office lessor that the company has doubts about the continued existence of the company.
The…
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Burger King Sells More Whoppers and Other Fast Food
In the past quarter, the fast food chain Burger King sold more Whoppers, Twister Fries, Long Chickens and other fast food products.
As a result, the Canadian parent company Restaurant Brands International saw its turnover increase.…
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Saudi Aramco Profit Drops Sharply Due to Lower Oil Prices
The profit of the Saudi state oil group Saudi Aramco fell sharply in the second quarter compared to a year earlier, mainly due to lower oil prices. Profits fell by 38 percent, but there was still an amount of more than $ 30 billion left for…
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The Bank of England (BoE) Raised Interest Rates to Highest Level in Years
The Bank of England (BoE) has raised the key interest rate in the United Kingdom by a quarter of a percentage point to its highest level in years. The central bank wants to combat inflation, which is still high despite the fastest rate…
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Pfizer Turnover Plunged Due to Collapsed Demand for Corona Vaccines
The American pharmaceutical company Pfizer, known for its corona shots, has had a disappointing financial quarter. Due to the collapsed demand for vaccines, turnover fell by more than half in the second quarter.
As a result, Pfizer…
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Prime Minister Rishi Sunak Wants to Invest Millions in North Sea CO2 Storage
British Prime Minister Rishi Sunak plans to provide millions of pounds in grants to a project to store CO2 in the North Sea. The Sunday Times newspaper reports this.
Sunak was due to go to the east of Scotland on Monday to explain…
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Elon Musk: Monthly Active Users X to Over 541 Million
The number of monthly active users of the online messaging service X, until recently Twitter, has risen to more than 541 million, according to CEO Elon Musk. That, he says, is a “new high”.
Musk reported the figure in a chart on X.…
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