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business Archives - Page 14 of 27 - ViewusGlobal

#business (536 Posts)

  • Fed's Powell hints at interest rate cuts, but adds more evidence needed Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal. 
  • IKEA Shakes Up Fifth Avenue: Next to Chanel and Tiffany, A New Neighbor Arrives An IKEA store is set to open a store on Manhattan's Fifth Avenue in New York, known for its high-end luxury stores.
  • U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave Standard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
  • Ford: We’ll Launch A $30,000 Electric Vehicle in 2027 Ford CEO Jim Farley is attracting attention by revealing that he plans to launch a low-cost electric vehicle (EV) priced at $30,000 in 2027.
  • France Takes Aim at Nvidia: Big Tech Battle Heats Up France is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
  • China Plans to End Discrimination Against Foreign Companies China's economic heavyweight, the Vice-premier has instructed to rectify discrimination against foreign companies.
  • Biden vs. Trump: Epic Showdown or Historic Disaster? President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
  • Buffet's Will Update: $130 Billion for Children's Trust, Sons and Daughter Decide Warren Buffet announced that he would leave almost all of his wealth to a public-interest trust managed by his three children after his death.
  • U.S. Army Strikes $4.5 Billion Deal with Lockheed Martin for Advanced Missile Defense The U.S. Army has signed a multi-year contract worth $4.5 billion for Lockheed Martin's air defense Patriot missile system.
  • NASA's SpaceX $843M Deal: Say Goodbye to the International Space Station On the 28th, BBC reported that NASA selected SpaceX to dismantle the ISS. The contract is worth approximately $843 million.
  • Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
  • UK Auto Market Predicts Massive Expansion by 2035 The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
  • Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
  • Amazon to Roll Out Cheap Goods to Trump Temu and Shein With fierce competition from Chinese e-commerce platforms, Amazon is launching a dedicated section exclusively for ultra-low-priced products.
  • Sneak Peek: Apple's Next Big Thing – The Apple Watch 10th Generation! This new Apple Watch is a special edition for its tenth anniversary and is rumored to be called "Apple Watch X."
  • Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins Volkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
  • Israel Pours $250 Million into National AI Program, Eyes Global Leadership The chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
  • NVIDIA Execs Cash Out, Stock Drops 6% in One Day Amid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
  • Apple Slashes Workforce by 50%: Automation Takes Over iPhone Assembly Apple proposed its supply chain and production automation initiatives, which were postponed due to high initial costs.
  • The AI Bubble: Bursting Soon? Nvidia and Others Lose Ground NVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
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