Business

Opel car brand will close a factory in Germany until early next year due to the significant lack of computer chips that the car sector has been struggling with for some time. The plant in Eisenach in the state of Thuringia will…

Troubled Chinese property developer Evergrande said it plans to sell a 9.99 billion yuan stake in Shengjing Bank on Wednesday. Evergrande must pay 40.7 million euros in bond interest on Wednesday, a deadline that investors are…

The German economy will show strong growth in the third quarter of the year. According to policymakers at the German central bank, Europe's largest economy will benefit from the unwinding of the corona restrictions, with the…

Carlos Ghosn, the former CEO of Renault and Nissan, is no longer a shareholder in Nissan and also wants to get rid of his Renault shares. He let us know now that the reissue of his memoirs is being published. According to Ghosn,…

Chinese real estate giant Evergrande says it has an agreement with investors to repay interest owed. The deadline for that refund was tomorrow. Evergrande is on the brink of bankruptcy, and that is weighing on the stock markets worldwide.…

Stock markets in New York opened higher on Monday, after the recent declines in the US leading indicators. Bargain hunters seem to be hitting Wall Street. Apple managed to recover from Friday's minus when the stock was lowered due…

Europe is working on rules that oblige tablet and smartphone makers to provide (security) updates and spare parts for five years. But Germany wants more. The new rules fit in with the stricter environmental regulations for the…

In the United States, more and more lawsuits are being filed against Philips following the recall of, especially masks to prevent sleep apnea. This is evident from reports on the websites of various specialized law firms after earlier…

The profit of the Russian state oil company Rosneft rose very sharply in the second quarter. This was partly due to rising oil prices. In addition, due to the economic recovery of many large countries from the corona crisis, there is more…

The International Energy Agency (IEA) has lowered its oil demand forecasts. The emergence of the Delta variant of the coronavirus will weaken economic growth, especially in Asian countries. For example, new lockdowns have been introduced in…