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Activist Investor Peltz Gets Board Seat at Unilever
Activist investor Nelson Peltz has won a board seat at laundry and food group Unilever. The well-known American investor has been appointed as a non-executive director, a role comparable to that of a supervisory director.
This will…
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Beijing Denounces US Secretary of State’s China Speech
The Chinese Ministry of Foreign Affairs has criticized the China speech by US Secretary of State Antony Blinken. He is accused by a spokesperson of, among other things, spreading false information and defamation about Beijing's policies.…
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Biden Willing To Use Force To Defend Taiwan
US President Joe Biden says the United States is willing to use force to defend Taiwan against China. He calls that a promise that the country has imposed on itself.
Biden's spokesman toned down his words shortly after the…
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Supermarket Group Target Plummets on Wall Street After Figures
Target lost more than a quarter of its market value on Wall Street on Wednesday. The supermarket group struggled with higher costs for transport and wages and made much less profit last quarter than experts had expected. Target CEO Brian…
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Billionaire Bezos Accuses Biden of Deception About Inflation
Billionaire Jeff Bezos has accused US President Joe Biden of deception on Twitter. Biden linked high inflation to the relatively low taxes paid by the richest companies on the social medium.
Bezos, the founder of online store group…
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Tech Companies Under Pressure on Wall Street Due to Interest Rate Fears
Technology companies were again under pressure on the New York stock exchanges on Monday. Concerns about high inflation and rising interest rates gripped the markets.
Higher interest rates are generally bad news for equities,…
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Millions of Low-Income Americans Get Free Internet
Millions of households in the United States will get free internet. President Joe Biden will announce Monday that 20 major Internet service providers will offer free high-speed Internet connections to low-income households.
The…
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Arcadis Designs American Charging Station Factory
Consulting and engineering company Arcadis is designing a new factory for charging stations for the American company Wallbox. The factory will be located in Arlington, Texas.
Wallbox produces smart charging systems for vehicles,…
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