Business

Mark Mateschitz, the heir to Red Bull, has received a total of $615 million in dividends. It is his first payout since he took over the stake in the Austrian energy drinks company from his father Dietrich Mateschitz, who died last year.…
Read More...

The American pharmaceutical company Pfizer, known for its corona shots, suffered a loss of billions in the third quarter. This was mainly due to collapsed demand for its coronavirus vaccines. The group suffered a loss of 2.4…
Read More...

The G7 countries have agreed on a code of conduct for companies developing artificial intelligence (AI) systems. This is reported by the Reuters news agency, which saw a document from the Group of Seven rich countries, including Germany and…
Read More...

Software group Microsoft was among the big winners on the New York stock exchanges on Wednesday. The company behind the Windows operating system made more profit last quarter than experts had expected. Microsoft benefited from…
Read More...

Consumer prices in China unexpectedly remained unchanged in September compared to a year ago. With an inflation rate of zero percent, the second-largest economy has returned to the brink of deflation, indicating that the country's economic…
Read More...

The World Trade Organization (WTO) has sharply lowered its growth forecasts for goods trade this year. Growth is expected to be over half lower than predicted six months ago. The WTO refers to inflation in the United States and…
Read More...

The stock markets in New York opened slightly higher on Wednesday after heavy losses a day earlier. Investors on Wall Street focused, among other things, on the jobs figure of payroll processor ADP. That turned out much weaker than…
Read More...

Turkish Finance Minister Mehmet Simsek is going to Europe to talk to international investors about more foreign investments in Turkey. He will attend a meeting in London next week hosted by major banks Citigroup and Bank of America and then…
Read More...