Business

World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

Which countries are powering ahead with electric car registrations?

Which countries are powering ahead with electric car registrations?

Registrations of battery-electric cars declined by 1% in the EU last month, to 156,408 units, the European Automobile Manufacturers’ Association…
French car maker Renault posts 1.9% rise in first-half sales volume

French car maker Renault posts 1.9% rise in first-half sales volume

Last year Renault sold 1,133,478 vehicles globally with almost three-quarters of that being European sales, and this year the company…
US-China trade war fears hits Microsoft and Apple share price

US-China trade war fears hits Microsoft and Apple share price

The China-US artificial intelligence trade war could intensify with speculation that Washington is thinking of tightening the export and sales…
Volvo exceeds revenue expectations for Q2, but lowers sales forecast

Volvo exceeds revenue expectations for Q2, but lowers sales forecast

Automotive giant Volvo released its Q2 2024 earnings on Thursday morning, seeing operating earnings come in quite significantly above market…
Nokia sees double-digit fall in Q2 profit with weak sales in 5G market

Nokia sees double-digit fall in Q2 profit with weak sales in 5G market

Wireless and fixed-network equipment maker Nokia on Thursday reported a double-digit fall in profit and sales in the second quarter…
Pound, euro, and gold surge as US dollar weakens on Fed rate cut expectations

Pound, euro, and gold surge as US dollar weakens on Fed rate cut expectations

In recent weeks, substantial trends have emerged in the foreign exchange markets due to a slump in the US dollar,…
ASML shares plunge as geopolitics overshadow strong earnings

ASML shares plunge as geopolitics overshadow strong earnings

Europe’s largest tech firm, ASML, reported second-quarter earnings that surpassed market expectations. However, the Netherlands-based company was hit by stricter…
Dutch authorities fine Santander over ‘irresponsible’ lending

Dutch authorities fine Santander over ‘irresponsible’ lending

The Financial Markets Authority (AFM) in the Netherlands has fined Santander bank some €3.7 million for providing irresponsible loans. The…
Germany set to close one of country’s busiest railway routes for five months

Germany set to close one of country’s busiest railway routes for five months

Germany has closed its 70-kilometre railway operating between Frankfurt to Mannheim. The railway is to remain closed until 14 December…
Germany: Cabinet finally agrees draft budget for 2025

Germany: Cabinet finally agrees draft budget for 2025

After months of argument, the German government has finally agreed budget plans for 2025, according to Reuters. There remains a…
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