European shares fell Tuesday as Airbus dropped on profit warning, pulling down aerospace stocks, while tech slid following Wall Street. STOXX 600 for the entire continent…
Author: Gazet International
Apple may face a sizable fine if EU antitrust investigators find it violated the bloc’s digital regulations.The iPhone manufacturer is also subject to an additional inquiry…
Backed by Microsoft, OpenAI acquires Rockset, a search and database analytics company, for an undisclosed sum. Vector search, a feature that Rockset provides, has seen a…
During his China visit starting Friday, Economy Minister Robert Habeck will stress Germany’s trade commitment, though analysts favor U.S.-German ties. Habeck will explain the EU’s duties…
IG Metall, Germany’s leading union, announced Friday that wage negotiations in October will seek a 7% salary increase from Volkswagen.The leading industrial union in Germany, stated…
Nippon Steel’s U.S. Steel acquisition might raise decarbonization costs; activists urge addressing the impact on climate goals. Nippon Steel offered $15 billion for U.S. Steel; however,…
As demand rises in Germany, Europe’s largest economy, Amazon announced a 10 billion euro ($10.75 billion) investment on Wednesday. This investment underscores Amazon’s commitment to expanding…
China’s securities regulator approved Momenta Global Limited’s US IPO, as stated on Monday. Momenta intends to issue shares, listing on Nasdaq or NYSE, as stated by…
Nvidia Surpasses Microsoft as Most Valuable CompanyOn Tuesday, Nvidia overtook Microsoft as the most valuable company, due to its high-end processors crucial for AI dominance.In a…
Retail Sales and Economic OutlookU.S. retail sales barely rose in May; meanwhile, April’s data was revised lower, indicating weak Q2 economic activity.Inflation and higher interest rates…