Browsing Category
Business
First International Tender for European Gas Launched
Europe is launching an international tender for the joint purchase of gas for the first time. It concerns 77 companies from the EU and other European countries that want to buy gas for a total volume of 11.625 billion cubic meters (bcm).…
Read More...
Read More...
Nintendo Foresees Further Declining Sales of Switch Game Computers
Games company Nintendo expects to sell considerably fewer Switch game computers this year than in the previous year.
The company behind Mario and Pokémon expects to be able to sell 15 million of those devices in the financial year…
Read More...
Read More...
German Recession Threatens After Decline in Industrial Production
Germany's industrial production fell much more than expected in March. This was mainly due to a weak performance in the country's important auto sector. The weakening production is fueling fears that the largest economy in Europe is still…
Read More...
Read More...
Unexpectedly Many Jobs in the United States
The US labour market was tighter in April than economists had expected. Employers hired more people than in the previous month, while experts expected a decrease in new jobs. In addition, unemployment remained low, while a slight increase…
Read More...
Read More...
Moderna Earns More From Corona Vaccines Than Expected
Biotech company Moderna posted much lower sales in the first three months of the year than a year earlier, as demand for its vaccine against the coronavirus has fallen sharply. Experts had expected an even stronger decline.
The…
Read More...
Read More...
Starbucks Drops on Expectant Wall Street After Numbersv
On Wednesday, Starbucks was among the biggest fallers on the New York stock exchanges. The coffee chain saw turnover and profit rise sharply last quarter, partly thanks to price increases.
Despite the higher prices, the number of…
Read More...
Read More...
Record Profit for Uber Due to Demand for Taxi Rides and Meals
Tech company Uber Technologies saw demand for taxi rides and meals ordered through its apps rise sharply in the first quarter of this year.
Operating profit skyrocketed to an all-time high, from $168 million in the first quarter of…
Read More...
Read More...
LEGO Only Sees Going Public as a Last Option
The Danish family company LEGO will only consider an IPO as a very last option, where no one in the family would want to run the toy company anymore.
Thomas Kirk Kristiansen, who belongs to the fourth generation of the family…
Read More...
Read More...