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IEA: Russian Oil Exports to Highest Level in Almost 3 Years
Exports of Russian crude oil and petroleum products rose to their highest level in nearly three years in March, despite Western sanctions against the country over its invasion of Ukraine. This is reported by the International Energy Agency…
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Navigation Company TomTom is Making a Profit Again
Navigation service provider TomTom succeeded in posting a net profit in the first three months of this year after periods of losses that preceded it.
The navigation technology of the Dutch company gained market share among car…
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US Inflation Falls More Than Expected
High inflation in the United States has fallen more than expected. In March, consumer prices rose 5.0 percent compared to the same month last year, the US Department of Labor reported Wednesday.
This is the smallest increase in…
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Chip Sales are Falling Sharply at the Largest Chip Maker in the World
The world's largest chip maker, TSMC, has seen chip sales plummet in the past month. Therefore, Apple's main chip supplier failed to meet analyst expectations for the second quarter. Experts see the figures as a sign of continued weakness…
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CEO JPMorgan Chase: Banking Crisis Seems Over
The crisis that started in the banking sector last month due to the collapse of two regional banks in the United States and then the emergency sale of Credit Suisse to UBS seems to be over.
That said, in an interview with the news…
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German Market Regulator Takes a Closer Look at Apple
The German competition authority places Apple under stricter supervision. This American tech company has a lot of power in several sectors. That is why the maker of iPhones is given a special status that gives market watchdog…
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Virgin Orbit Down Hard on Wall Street After Bankruptcy Filing
Virgin Orbit, the aerospace company of the well-known British businessman and billionaire Richard Branson, fell more than 22 percent on the New York stock exchanges on Tuesday.
The company has filed for bankruptcy after failing to…
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IEA Reports Record Sales of Heat Pumps in Europe
Sales of heat pumps in Europe rose to a record level last year due to sharply higher energy prices. The International Energy Agency (IEA) reports this in a report.
According to the IEA, European sales jumped 40 percent compared to…
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