British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income. Revolut reported a record…
Browsing: Business
Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock, while Airbus pursued the supplier’s European operations.The 737 MAX crisis ended the two-decade independence…
Amazon exceeded $2 trillion in market value Wednesday, joining six U.S. firms, as AI confidence and interest rate cuts boosted tech stocks. The stock surged 3.4%…
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…
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…
NATO coalition confirms first round of enterprises receiving funds from €1 billion innovation fund.Months after Russia’s invasion, the alliance pledged to invest in defence technologies and…
Hyundai Motor Co. Launches a New Chapter with IPO Hyundai Motor Co. to sell 17.5% shares on Mumbai exchange, potentially the country’s largest offering.The parent company…
During Monday’s Apple developer conference, the company discussed more than just integrating ChatGPT and other cutting-edge AI technologies into its software. Additionally, the goal was to…