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Business
Wells Fargo Sets Aside 1.1 Billion for Potential Loan Losses
US bank Wells Fargo has set aside $1.1 billion in the first quarter of this year that may be needed to absorb…
Air France-KLM Loses Case to Quash EU Cartel Fine
Air France, KLM and Martinair still have to pay more than 325 million euros in fines because of prohibited…
Volkswagen Factory in Spain has to Suspend Production Due to Protest from Truck…
The factory of the German car group Volkswagen in Pamplona, in northern Spain, has suspended production due to…
Eurozone Service Sector Grew Slightly Less Quickly
Eurozone service sector activity grew slightly less rapidly in February than previously indicated. This is evident…
Uber Settles Case Against Google Subsidiary Waymo Over Theft of Company Secrets
Uber has settled with Google subsidiary Waymo, which focuses on producing self-driving cars. The case revolves…
Oil, Coal and Natural Gas Still Account for 83 Percent of Global Energy…
The global hunger for energy is still largely satisfied by fossil energy sources, even though renewables are…
Pfizer Expects Annual Revenue of Over $100 Billion, But Analysts are Disappointed
Pharmaceutical company Pfizer, which has developed both a corona vaccine and an oral therapy to treat COVID-19,…
Turkey’s Highest Inflation Rate in Nearly 20 Years: Rises to Record High of…
Turkey has recorded a record inflation rate of 36.08 percent in the past month. That is 15 percent higher than in…
Huawei and Motorola Launch New Foldable Phones in China
Chinese tech group Huawei Technologies and subsidiary Honor have recently introduced plans for new foldable phones…
British Engine Manufacturer Rolls-Royce Plans to Build Small Nuclear Reactors
British engine manufacturer Rolls-Royce plans to build small nuclear reactors in the United Kingdom. Rolls-Royce,…