Chip Company ASMI Invests 100 Million Dollars in South Korea
Chip specialist ASMI will invest USD 100 million in its production and innovation centre in Dongtan, South Korea, in the…
Intel is Cutting Top Wages
The American chip manufacturer Intel, struggling with rapidly declining revenues, is slashing the salaries of the top of the company.…
Sony is Reducing Production of the Latest VR Glasses Due to Disappointing Demand
Tech company Sony has had to significantly reduce the previous production target for the latest virtual reality headset for the…
Ryanair Reports Record Profits on Higher Prices and Strong Demand
Ryanair posted a record profit last quarter and is expected to continue to make a lot of profit this year…
Regulator Investigates Claims Musk About Self-Driving Cars
The US stock market regulator SEC is again investigating Elon Musk, the CEO of Tesla. This time around, its role…
Minister: India Will Soon Account for a Quarter of Apple Production
Apple plans to increase its production in India further. So said India’s Commerce Minister. According to him, Apple wants a…
Ryanair Weakens Green Claim After Regulator Criticism
Ryanair falsely assumed passengers could fly greener with the budget airline for a while. This is the conclusion of the…
Elon Musk Lawyer Defends Tweet About Delisting Tesla
Elon Musk’s tweet about taking the electric car maker Tesla private was “hasty” but “irrefutably true.” That’s what Musk’s lawyer…
Tourism in the EU Almost at Pre-Corona Level
The tourism industry in the European Union is almost as busy as it was in the last year before the…
China Extracted More Coal Than Ever Last Year
China has extracted a record amount of coal in the past year. A total of 4.5 billion tons of coal…