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economy Archives - Page 2 of 19 - ViewusGlobal

#economy (372 Posts)

  • Microsoft Shareholders Push for Bitcoin: Could Tech Giant Join Crypto Craze? Microsoft's board opposes a Bitcoin investment proposal at the upcoming shareholders meeting, citing volatility and stability concerns.
  • Palladium Prices Spike 9.5% on Potential G7 Sanctions Against Russia’s Metals Palladium prices surged 9.5% after the U.S. proposed G7 sanctions on Russian minerals, raising supply concerns amid market anxiety.
  • Tesla Breaks Records Again – 7 Million EVs in Just 12 Months Tesla hits 7M EVs produced, all pure electric, bolstered by Shanghai Gigafactory. Q3 net profit rises to $2.17B amid growth.
  • North Korea's Mining Sector Boosted by Expanded Machinery Production for Apatite North Korea's machinery industry boosts production of equipment for apatite mining, including pumps and mining wagons.
  • WTI Crude Rebounds After Middle East Tensions and China’s Rate Cut As military tensions escalated in the Middle East, the price of West Texas Intermediate (WTI) crude oil surged in the New York oil market.
  • Gold Hits Record High as Middle East Tensions and U.S. Election Fuel Demand Gold and silver prices surge amid election uncertainty and geopolitical risks, with gold reaching record highs of $2,740.
  • China and Turkey Set to Dominate Rare Earth Market with New Partnership China and Turkey signed an MOU to enhance cooperation in rare earth mining, aiming to strengthen global supply chains.
  • Musk Eyes Global Dominance: Tesla Semi Truck Heading for Europe and Beyond Elon Musk aims for the Tesla Semi truck to become a global product, with potential production in Europe and China by 2026.
  • Nvidia Slips 5% After U.S. Considers New AI Chip Export Restrictions Semiconductor stocks took a sharp hit on the New York Stock Exchange, with Nvidia, a leader in AI chips, seeing a nearly 5% drop.
  • Nvidia Takes Aim at Apple, Gunning for Top Market Cap Spot Nvidia's stock surged, reaching new highs on the New York Stock Exchange and edging closer to overtaking Apple...
  • Inside North Korea’s Failing Coal Mines: 50-Year-Old Equipment, Production Crashes Despite the government's propaganda, many coal mines struggle with production delays due to outdated equipment.
  • Bill Gates Funds Next-Gen Wind Power That Could Slash Costs by 25% Bill Gates invests in wind power startup Airloom Energy, which raised $13.75 million to develop innovative vertical blade technology.
  • Tesla Hits Record 249K Deliveries in China Amid EV Subsidy Surge At a rally in Pennsylvania, Trump and Musk celebrated Tesla's record deliveries in China while excitement grows for the robotaxi reveal.
  • China’s BYD and Tesla Battle for EV Supremacy as Global Sales Hit 10 Million By August this year, the global number of registered EVs has approached 10 million, marking a 20% increase compared to last year.
  • $2.1 Trillion Needed by 2050 to Meet Raw Material Demand By 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
  • Buffett Goes All-In on Japan with New Samurai Bond Issuance Warren Buffett leads Berkshire Hathaway in a second Samurai bond issuance, emphasizing a strategic focus on Japan's market.
  • $5 Billion Fallout Expected as U.S. Dockworkers Launch Historic Port Strike Dockworkers' strike threatens U.S. ports, significantly risking $5 billion economic fallout and disrupting global supply chains.
  • Domestic First: China Urges Firms to Skip NVIDIA and Buy Local Semiconductors China urges its businesses to favor domestic semiconductor chips over NVIDIA's AI processors to bolster its chip industry.
  • Middle East-North Africa Strengthens Its Position with 7.5% of Global Crypto Trades MENA region has played a significant role in the crypto market. From July 2023 to June 2024, it represented 7.5% of total trading volume.
  • US Job Market Shows Signs of Recovery with Lower New Jobless Claims On Thursday, the U.S. Department of Labor reported that new unemployment claims totaled 218,000 from September 15 to 21.
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