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Jaguar Land Rover Loses Due to Chip Shortage
Jaguar Land Rover has made a loss in the past quarter. The global chip shortage, which plagues the entire car sector, also bothered Jaguar. Sales of the British carmaker were disappointing because far fewer vehicles could be produced than…
China Puts Seven Americans on Sanctions List
China has put seven Americans on a sanctions list. Beijing is thus striking back at an earlier American decision to warn companies that doing business in Hong Kong poses dangers.
For example, former Secretary of Commerce of the…
EU Countries are Still Donating Few Covid 19 Vaccines to Poorer Countries
European Union countries have so far donated 4 million vaccines against Covid-19 to poor countries. That is less than 3 percent of the 160 million corona vaccines that would be donated to contain the pandemic. This is evident from documents…
Kanye West Back on Instagram After Three Years
Kanye West (44) has made a comeback on Instagram in the run-up to the release of his new album. The rapper posted something on the social medium for the first time in about three years.
West returned with a series of photos of him…
German Economy Back to Old Level This Quarter
The German economy will probably be back to pre-coronavirus levels in the third quarter. According to the German central bank, the economy grew strongly in the second quarter, and even more, substantial growth is expected for the current…
Greenland Stops Searching for Oil
Greenland will stop looking for oil and gas. According to Greenland, the impact on the climate from the exploration drilling is too significant. As a result, new licenses for test drilling are no longer issued.
This ends about 50…
Crypto Exchange Binance Must Also Cease Operations in Italy
Crypto exchange Binance is also not allowed to offer services in Italy. This was announced by the Italian financial regulator Consob. Italy is yet another country to take action against Binance, one of the largest exchanges in the world for…
President Bolsonaro in Hospital After Ten Days of Hiccups
Brazilian President Jair Bolsonaro is suffering from abdominal pain and has been hospitalized. The 66-year-old conservative populist has been suffering from hiccups for more than ten days.
Bolsonaro is in good shape, his office…
Company Behind Pepsi Benefits from Reopening US Nightlife
Food group PepsiCo has posted sharply higher sales in the second quarter. The company did exceptionally well with the Pepsi soft drink brand, which sold much more now that movie theatres, restaurants and sports stadiums in the United States…
Intel Wants to Spread European Chip Production Across EU Member States
Chip manufacturer Intel proposes to spread its investments worth 20 billion dollars in a semiconductor factory across several EU Member States, including Belgium. The company hopes this will increase support for its project.
This…