According to the journal Automobilwoche, Mercedes will spend billions of dollars upgrading its factories in China, Germany, and Hungary over the next few years as
Category: WORLD NEWS
Swiss government invokes emergency provisions as UBS takes over Credit Suisse in a $1b all-share deal.
A bid of up to $1 billion has been made by UBS to purchase Credit Suisse. According to the Financial Times, the proposed all-share merger
UK minister in Rwanda to fine-tune the $170m migrant deportation agreement mired in legal challenges.
The controversial plan to send some asylum seekers to Rwanda was supported by the U.K. government, according to the interior minister of Britain, who arrived
Miami Beach spring break shooting resulted in 1 fatality and 1 injury.
One person was killed, another was injured, and hundreds more spring breakers were forced to flee for cover as gunfire erupted in a busy section
Microsoft enhances the office suite with AI tools to boost productivity.
Microsoft is incorporating AI tools into its office suite, which includes Word, Excel, and Outlook emails. Copilot, the new tool announced by the firm on
First Republic gets a $30b bailout package from JP Morgan Chase & 10 other big banks.
A $30 billion rescue package for First Republic Bank was revealed by 11 of the largest U.S. banks on Thursday in an effort to keep
U.S. stifling TikTok after the Biden administration called for its sale. – China.
As a result of allegations that the Biden administration was urging TikTok’s Chinese owners to sell their shares in the well-known video-sharing app, China accused
Credit Suisse gets bailout of $54b to stem the global financial crisis.
The announcement by Credit Suisse that it would borrow up to $54 billion from the Swiss central bank to support its finances saw its shares
Samsung to invest $230b to build the world’s largest semiconductor cluster.
In an ambitious South Korean national project to establish the largest semiconductor production base in the vicinity of the nation’s capital, Seoul, Samsung Electronics announced
Meta cuts 10,000 jobs in 2nd round of layoffs as Big Tech advert income collapses.
As uncertainty about the state of the world economy hits the technology sector particularly hard, Facebook parent firm Meta is cutting 10,000 jobs, about equal
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