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Apple Partner Pegatron Closes Two Chinese Factories Due to Lockdown
Apple partner Pegatron has stopped production at two factories in the Chinese cities of Shanghai and Kunshan due to the strict Chinese corona measures.
An outbreak of the coronavirus has been going on for weeks in the important…
Tesla can Barely Export from China Due to High Demand There
The electric car manufacturer Tesla exported only 60 cars from the factory in Shanghai, which is important for the group, last month.
The total of nearly 66,000 cars produced was almost all for the local Chinese market. However,…
Activision Blizzard Takeover: Billionaires Suspected of Insider Trading
Federal prosecutors and stock regulators are investigating the options US billionaires Barry Diller and David Geffen took on Activision Blizzard stock in January, just days before the video game maker agreed to Microsoft's acquisition. That…
Music Store Bandcamp Bought By Epic Games
The game developer has wanted to be "more than games" for some time and has now taken over one of the best-known independent music platforms. According to Bandcamp itself, nothing changes in the way it works.
You know Epic Games as…
Musk: Tweet about Tesla Delisting was Complete Truth
The tweet sent by Elon Musk in August 2018 about the delisting of electric car maker Tesla was the "complete truth". According to a statement that Musk's lawyers have filed with the court in a case brought by investors against the…
OPEC+ Talks About Oil Production With Uncertainty Omicron Variant
Oil cartel OPEC and its allies, including Russia, will meet on Thursday about production in January. OPEC+, as the alliance is called, is increasing production by 400,000 barrels per day each month.
Analysts have speculated that…
Good Economic Data Ensure Recovery on Asian Stocks
Asian stock markets got off to a mostly positive start in December. In addition, economic data on industrial activity was positive for most countries.
In addition, exports in South Korea grew faster than expected and appear to be…
China Cancels Some Air France Flights After Corona Cases
The Chinese aviation authority has suspended four Air France flights from Paris to Tianjin due to a number of infections on a previous flight.
About eleven passengers on an Air France flight are said to have tested positive for…
Tesla Boss Musk Hints at Selling More Shares
Elon Musk has hinted at the sale of even more Tesla shares. The chief executive of the electric car manufacturer did this in a series of tweets with US Senator Bernie Sanders, who had repeated an earlier call for the super-rich to pay more…
Evergrande Rises, Tencent Falls on the Hong Kong Stock Exchange
Evergrande rose sharply higher on the Hong Kong stock exchange on Thursday. Investors reacted with relief to reports that the ailing Chinese real estate developer managed to avoid default again in the nick of time.
The Chinese…