Tag: Economy
U.S. stocks edge lower as markets await new economic data
U.S. stocks edged slightly lower today as investors await new data on the state of the U.S. economy.
Performance of major stock indices
U.S. stocks edged...
According to Trump, CNN should be sold if its parent company...
US President Donald Trump has spoken out in favor of selling the CNN news channel if its parent company Warner Bros. Discovery changes ownership....
Netflix agrees to acquire part of Warner Bros. Discovery for $72...
American streaming platform operator Netflix has agreed to acquire part of Warner Bros. Discovery for $72 billion. The company announced this today in a...
Tesla sales continue to decline in Europe, but break records in...
American electric car manufacturer Tesla saw a sharp year-on-year decline in sales in major European markets in November. This is despite the launch of...
Bloomberg: Cheap Chinese auto parts flood the German market
Cheap Chinese auto parts are flooding the German market and increasing pressure on local manufacturers, who are already struggling with weak demand and high...
Computer manufacturer Lenovo’s quarterly profit fell by five percent, while sales...
Chinese company Lenovo, the world's largest computer manufacturer, saw its net profit fall by five percent to USD 340 million in the second financial...
AkzoNobel to Merge with U.S. Competitor Axalta Coating
Dutch paint and coatings manufacturer AkzoNobel will merge with its smaller American competitor, Axalta Coating Systems. The share-swap transaction will create a company valued...
T-Mobile increased its operating profit by 8.9 percent to CZK 10.13...
Operator T-Mobile increased its operating profit by 8.9 percent year-on-year to CZK 10.13 billion in the first three quarters of this year. Revenues rose...
Generative AI could disrupt the internet advertising model, warns web creator
The multibillion-dollar advertising model that underpins the internet economy could collapse due to the rise of generative artificial intelligence (AI) and so-called large language...
BP’s quarterly profit fell slightly but exceeded expectations
British oil and gas company BP's underlying profit fell slightly in the third quarter to $2.21 billion (CZK 46.7 billion) from $2.27 billion in...
