Tesla is pausing its plans to make battery cells in Germany! Giga-Berlin has to wait for a while, as Tesla is looking at qualifying for U.S. electric vehicle and battery manufacturing tax credits,
High energy costs are hurting manufacturing and continue to fuel consumer-price inflation! European Union factory output dropped 2.3% in July on the month. Tweet on the Negative outlook of the German economy 22/23
The yen fell to nearly 145 yen to the dollar today! Immediately after the U.S. inflation figures suggested that the Federal Reserve might raise interest rates faster than previously expected, widening the interest-rate
Individual investors scooped up a net $2.05 billion of U.S. stocks and exchange-traded funds on Tuesday! The second-largest daily sum this year, according to Vanda Research data. Their buying trailed only the $2.58
Ethereum users expect the big network upgrade to start today, (Wednesday) The so-called “merge” has garnered so much interest, that it even has its own Google widget ticking down the remaining time. Tweet
Meta Chief Executive, Mark Zuckerberg is betting the social-media giant’s near-term future is on Reels, or the short-video feature he is touting as the company’s answer to TikTok rival from China! Tweet on
Food prices continued their relentless climb in August! According to the Labor Department, with groceries up 0.7% over the prior month and food at dining establishments up 0.9%. Over the past year, groceries
Google has announced that its proposed $5.4 billion bid to buy cybersecurity firm Mandiant is now complete. The internet giant revealed plans to acquire publicly traded Mandiant back in March, less than a
Mark Zuckerberg and Priscilla Chan Sold San Francisco Home for $31 Million! The deal is the most expensive in the city so far this year! Mark Zuckerberg and Priscilla Chan have sold one
Volkswagen presented a concept car for an all-electric off-road SUV in Ticino, Switzerland, called the ID.XTREME The ID.XTREME uses Volkswagen’s modular electric drive matrix (MEB). The team under Mr. Rekewerth (the Head of
