Month: June 2024
Rivian financial investment a ‘catch-up move’ for Volkswagen that could acquire decades to shell out off, GlobalData’s Mewawalla suggests
Rivian electrical autos sit in a good deal at a Rivian facility in February 22, 2024 in Chicago, Illinois. Scott Olson | Getty Illustrations or photos News | Getty Illustrations or photos Volkswagen’s $5 billion financial commitment in electrical auto startup Rivian is a “capture-up shift” for the German automaker, but could take several years […]
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Masimo activist Politan presents ‘last chance’ for shareholders to force change at med-tech company
Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | AFP | Getty Images Despite voting for change at last year’s annual meeting, shareholders in medical device maker Masimo have seen their governance concerns go largely unresolved, according to activist investor Politan Capital Management. With […]
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China’s EV architect suggests investing in Europe is a way forward
Important Details China’s Ministry of Commerce claimed over the weekend it was launching consultations with the EU about the bloc’s probe into the part of subsidies in Chinese electric powered cars and trucks. “I imagine the governments [of China and the EU] are now contemplating how as a result of negotiations they can merge financial […]
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Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Halfpoint Images | Moment | Getty Images How’s your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has released its annual report, How America Saves 2024. Vanguard and Fidelity are the two biggest sponsors of 401(k) plans, […]
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YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of […]
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WikiLeaks founder Julian Assange lands in Australia soon after U.S. plea offer
WikiLeaks founder Julian Assange leaves the United States Courthouse on June 26, 2024 in Saipan, Northern Mariana Islands. Chung Sung-jun | Getty Pictures News | Getty Images The airplane carrying Julian Assange, who has fought U.S. espionage fees for more than a decade for his whistleblowing initiatives, landed in his indigenous Australia on Wednesday, the […]
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U.S. chip curbs in Middle East just ‘business as common,’ Ooredoo CEO claims immediately after Nvidia offer
Jakub Porzyck | Nurphoto | Getty Photographs Qatari telecoms supplier Ooredoo informed CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. polices and will however make it possible for it to have obtain to the most up-to-date technologies. Ooredoo previously this week signed a partnership with Nvidia, marking the chipmaker’s first […]
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European marketplaces increased as world wide chip shares stabilize
A Trader will work on the floor of the New York Inventory Exchange in New York Town, June 24, 2024. Brendan McDermid | Reuters LONDON — European shares have been increased Wednesday, reversing detrimental sentiment seen in the previous trading session. Significant European bourses have been in green territory, with the pan-European Stoxx 600 previous […]
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Plant-based meat substitutes may be healthier for the heart than real meat
Plant-based meat alternatives, despite being ultraprocessed, may be healthier for the heart than meat, a new report suggests. Angela Weiss | AFP | Getty Images Plant-based meat alternatives, despite being ultraprocessed, may be healthier for the heart than meat, a new report suggests. A review of previous studies found that risk factors for heart disease, […]
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Trade feuds apart, Chinese corporations are committed to the U.S. current market, survey demonstrates
GP: American flag and Chinese flag Matt Anderson Photography | Minute | Getty Photos A new survey of Chinese enterprises in the U.S. has located that a majority remain bullish on the industry very long term regardless of escalating considerations about U.S.-China relations and the broader enterprise setting. The yearly survey done by the China […]
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