German construction industry misses targets amid housing crisis

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2024-05-23 14:08:42

Poland invests $2.5 billion into fortifying border with Russia and Belarus

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2024-05-18 17:07:22

Rave reviews for 'bold, brilliant' Billie Eilish

Critics call the album "explicit, sapphic and her best work yet", plus "confident and non-conformist".
2024-05-17 16:08:19

A Chinese Truck Company Is Diving Into Eight-Cylinder Motorcycles

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2024-05-16 23:06:33

Cow dung's key role in India's energy industry

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2024-05-14 02:06:44

German company launches and recovers test rocket in Australia

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2024-05-13 21:07:49

German building industry workers go on first strike in years

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2024-05-13 20:08:28

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2024-05-13 16:09:04

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2024-05-13 16:08:59

Brazil Rolls Out $9.9 Billion Plan to Help Victims of Massive Floods

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2024-05-09 19:08:19

Pro-Palestinian protests heap pressure on Biden from left and right

Joe Biden is caught between students demanding peace, and Americans concerned the unrest is disrupting education.
2024-05-04 20:08:03

German industry urges market reforms at start of Hanover Fair

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2024-04-22 17:08:55

Almost a quarter of kids aged 5-7 have smartphones

The regulator calls the data a "wake up call", and says parents and industry need to do more.
2024-04-19 07:09:30

Almost a quarter of kids aged 5-7 have smartphones

The regulator calls the data a "wake up call", and says parents and industry need to do more.
2024-04-19 04:06:56

Apple CEO says company is 'looking at' manufacturing in Indonesia

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2024-04-17 08:08:57

Evergrande chief sold $1.1 billion of personal assets to prop up company: reports

Evergrande chairman Xu Jiayin has sold more than 7 billion yuan ($1.1 billion) worth of personal assets to prop up his embattled company, Chinese state media reported this week.
2021-11-17 10:06:34

Two Canadian railroads launch bidding war for rare access to Mexico

All aboard! There's a bidding war in the railroad industry. Canadian National is offering to buy Kansas City Southern for $33.7 billion, topping a $25 billion bid from rival Canadian Pacific.
2021-04-20 18:05:39

An Israeli cowboy hopes cattle-herding drones will modernize the livestock industry

Noam Azran and his company BeeFree Agro hope to modernize the livestock industry by using autonomous drone technology.
2023-02-25 22:07:43

Computer Space and beyond: 50 years of gaming

From an arcade game to a multi-billion pound industry, the BBC charts the ups and downs of video games.
2021-08-21 02:06:17

Virgin Galactic shares tumble as company says it's raising $425 million in debt

Shares of Virgin Galactic ? the space tourism company that carried its billionaire founder, Richard Branson, to the edge of space last summer ? took a major price hit on Thursday after the company announced it's raising as much as half a billion dollars in debt.
2022-01-13 18:06:06

Pedro Sanchez: Spanish PM vows to abolish prostitution

The UN estimates Spain's sex industry has become worth ?3.7 billion since decriminalisation in 1995.
2021-10-17 20:06:33

Ford makes biggest single manufacturing investment ever on electric vehicles

Ford Motor Co. and South Korea-based energy company SK Innovations are investing $11.4 billion to build two new enormous manufacturing campuses for electric vehicles, creating more than 10,000 new jobs and representing Ford's largest-ever single manufacturing investment in the company's 118-year history.
2021-09-28 03:05:46

A surprising tech company could be next to join the Dow

Chip giant Nvidia is the ninth-most valuable company in the S&P 500. With a market capitalization of almost $500 billion, the company is now worth nearly as much as semiconductor rivals Intel, Advanced Micro Devices and Qualcomm ? combined. Could Nvidia soon wind up listed on the venerable Dow, too?
2021-07-27 16:05:43

Elon Musk sells $4 billion worth of Tesla shares

Tesla CEO Elon Musk sold $4.8 billion worth of the electric automaker's stock on Tuesday, the day after the Twitter board agreed to sell the company to him in a deal valuing the social media platform at $44 billion.
2022-04-29 15:06:22

Germany will borrow nearly $200 billion to cap consumers' energy bills

The German government announced it plans to borrow ?200 billion ($195 billion) to cap natural gas prices for households and businesses. That's a bigger price tag than the ?150 billion ($165 billion) the UK government is expected to borrow to finance its own price cap.
2022-09-30 00:08:26

Can a love coach help you find a man by Christmas?

It's a multi-billion-dollar industry and one that makes bold promises. Do love coaches actually deliver?
2021-09-28 02:06:04

Electric car startups want to avoid same fate as Britain's 1890s bike bubble

Amazon and Ford reported this week they lost a combined $12.3 billion in the last three months due to their investments in electric vehicle company Rivian. The losses dampened hopes that any electric vehicle company will inevitably turn into gold.
2022-04-30 18:07:43

László Palkovics secures perfect NER-deal just after stepping away from the ministerial seat

Led by former minister László Palkovics, the Széchenyi University Group from Gyõr announced in late August that they were moving into the Villányi Gardens office building in Budapest. The completely renovated 2,500 square meter building was leased in its entirety for 5+5 years by companies under the supervision of the former Minister of Technology and Industry. The property was leased out by a newly established company, Gardens Property 2023 Ltd. The company didn
2023-11-14 13:09:26

Hear what weakened First Republic Bank and triggered $30B bailout

First Republic Bank, facing a crisis of confidence from investors and customers, is set to receive a $30 billion lifeline from a group of America's largest banks. The bank's problems underscored continued worries about the banking system in the aftermath of the collapse of Silicon Valley Bank and Signature Bank. CNN's Christine Romans explains how the cash infusion is meant to head off a domino effect of more bank failures and demonstrate the industry still has a solid foundation.
2023-03-17 20:07:35

Supreme Court opens door to significant increase in compensation for college student athletes

A unanimous Supreme Court said on Monday that student athletes could receive education-related payments in a case that could reshape college sports by allowing more money from a billion-dollar industry to go to the players.
2021-06-21 17:05:41

Elon Musk: Zero pay but tens of billions in stock options in 2020

Tesla CEO Elon Musk got $0 in pay in 2020, according to a company filing, but he did receive stock options during the year that are now worth $22 billion.
2021-08-14 19:05:40

New docuseries charts the spectacular rise and fall of multilevel marketing company LuLaRoe

How did a leggings company that began in a family home ascend to billion-dollar growth, then burn out as fast as it started?
2021-09-13 20:06:15

Jack Dorsey's Square to acquire Australian buy now, pay later platform for $29 billion

Jack Dorsey's Square is spending $29 billion on an Australian buy now, pay later firm ? a massive purchase that will help his company build out its global payments empire.
2021-08-02 09:05:43

Ford to lose $3 billion from EV sales to consumers

Ford said it will lose $3 billion on its sales of electric vehicles to consumers this year, but it still expects to hit the profit targets it set for this year of between $9 billion and $11 billion.
2023-03-23 23:07:19

'Data is the new gold': A Slovenian company wants to be the IMDb of the music industry

Viberate gathers data from major streaming sites, ticket vendors and radio stations around the world to help musicians develop their careers.
2022-02-02 14:13:39

'Data is the new gold': A Slovenian company wants to be the IMDb of the music industry

Viberate gathers data from major streaming sites, ticket vendors and radio stations around the world to help musicians develop their careers.
2022-02-02 14:13:40

Evergrande's billionaire founder has been bailing out the business. That can't continue

Evergrande is staring down about $8 billion worth of debt obligations due to foreign investors over the next year. The company's billionaire founder and chairman may have to pay at least some of that out of his own pocket.
2021-11-10 10:09:52

'Data is the new gold': A Slovenian company wants to be the IMDb of the music industry

When DJ Umek, one of Slovenia's most prolific DJs and producers, was starting out in the 1990s, he found himself with few ways to measure how his career was growing. "As an artist, you had to rely on your feelings and only feelings," he recalls.
2022-02-01 15:05:52

Spending on international transfer fees nearly tripled in 10 years, FIFA says

Spending on international transfer fees over the last decade increased from $2.66 billion in 2012 to a peak of $7.35 billion in 2019, while players' agents received $3.5 billion in commissions, a study by world governing body FIFA said.
2021-08-31 12:05:45

Taiwan's TSMC is pouring $100 billion into chipmaking over the next three years

Taiwan Semiconductor Manufacturing Company, the world's largest contract chipmaker, announced Thursday that it expects to pour $100 billion into advanced chips over the next three years to keep up with rising demand.
2021-04-01 08:05:47

Bill Ackman's SPAC buys 10% of the music giant behind Kanye West

Vivendi has agreed to sell 10% of Universal Music to a so-called blank check company backed by hedge fund billionaire Bill Ackman for about $4 billion.
2021-06-21 19:05:39

Coinbase is worth $65 billion -- and it's probably heading higher

Cryptocurrency exchange Coinbase Global is set to go public Wednesday at a valuation of a whopping $65 billion, as the company takes advantage of surging demand (and prices) for bitcoin, ethereum and other digital currencies.
2021-04-14 15:05:41

Jeff Bezos offers NASA $2 billion to get Blue Origin back in the moon race

Jeff Bezos wants to spot NASA up to $2 billion in a bid to reignite the battle for space between his rocket company Blue Origin and Elon Musk's SpaceX.
2021-07-27 15:05:55

This cruise line just canceled its latest ship launch

As summer heats up, the travel industry is struggling to cope -- and one company has seen the writing on the wall, canceling the launch of a new cruise ship.
2022-06-08 19:10:57

Binance withdrawals jump to $3 billion in 24 hours, research firm says

Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as the world's largest cryptocurrency exchange confronted investor jitters amid a deluge of negative headlines about the industry.
2022-12-14 12:07:57

Daily Mail and Mail Online publisher quits stock market after 90 years

A billionaire British aristocrat is taking the publisher of the Daily Mail and Mail Online private after agreeing to buy out minority shareholders in a deal valuing the company at ?885 million ($1.2 billion).
2021-12-17 17:05:59

The $500 billion global beauty industry is grappling with sustainability challenges

The escalating climate crisis is shifting many people's purchasing patterns and this extends to the $500 billion dollar global beauty industry which is grappling with a range of sustainability challenges across product manufacturing, packaging and disposal.
2023-04-03 19:07:36

Leaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal

Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two Nevada properties in a $6.25 billion deal.
2021-03-03 14:05:39

Spending on international transfer fees nearly tripled in 10 years, FIFA says

Spending on international transfer fees over the last decade increased from $2.66 billion in 2012 to a peak of $7.35 billion in 2019, while players' agents received $3.5 billion in commissions, a study by world governing body FIFA said.
2021-08-31 12:05:41

Roblox goes public and is instantly worth more than $40 billion

Investors weren't making the trademark "oof" Roblox death sound Wednesday. Shares of the popular video game platform debuted on Wall Street and promptly surged more than 40% to $64.50, valuing the company at about $42 billion.
2021-03-10 22:05:39

Afterpay lets you buy now and pay later. Square just bought it for $29 billion

Jack Dorsey's Square is spending $29 billion on an Australian buy now, pay later firm ? a massive purchase that will help his company build out its global payments empire.
2021-08-02 16:05:42

Why Starbucks stopped rewarding its stockholders

Just three weeks ago, Starbucks announced that it had big plans to lavish its shareholders with new rewards. The company said it was reinstating its stock buyback program, touting a $20 billion commitment over the next three years.
2022-04-05 16:30:46

More than a billion sparrows in the world, study finds

At least 50 billion individual wild birds are on the planet, including 1.6 billion house sparrows, scientists say.
2021-05-18 07:06:30

Zoom buys Five9 in $14.7 billion deal to prepare for a post-pandemic world

Zoom, the video-conferencing platform that became hugely popular during the Covid-19 pandemic, is spending a whopping $14.7 billion on cloud-based software company Five9 to boost its appeal with business clients.
2021-07-19 12:05:51

Jeff Bezos offers NASA $2 billion to get Blue Origin back in the moon race

Jeff Bezos wants to spot NASA up to $2 billion in a bid to reignite the battle for space between his rocket company Blue Origin and Elon Musk's SpaceX.
2021-07-28 16:06:02

Amazon to buy One Medical for $3.9 billion as it expands healthcare footprint

Amazon on Thursday said it has entered an agreement to acquire primary healthcare company One Medical in an all-cash deal valued at approximately $3.9 billion.
2022-07-21 20:07:25

Amazon shutters telehealth service

Amazon on Wednesday said it is shuttering its telehealth service, Amazon Care, as the company rethinks its approach for expanding into the health care industry.
2022-08-25 21:06:20

Gas prices are high. Oil CEOs reveal why they're not drilling more

The US oil industry doesn't appear to be in any rush to come to the rescue of Americans struggling with high gas prices. Oil company CEOs say Wall Street is to blame.
2022-03-25 17:17:03

Mondelez to buy energy bar maker Clif Bar for about $3 billion

Mondelez International said on Monday it will buy energy bar maker Clif Bar & Company for $2.9 billion to expand its global snack bar business.
2022-06-21 09:06:15

Tesla shares slide after Elon Musk asks Twitter if he should sell

More than $60 billion was wiped off Tesla's market value early on Monday after millions of Elon Musk's Twitter followers voted in favor of him selling 10% of his shares in the company.
2021-11-08 18:06:01

The explosive Brexit spat that no one is talking about could slam the UK economy

Boris Johnson has spent decades agitating against the European Union and the last five years battling to free the United Kingdom from the shackles of regulation from Brussels. Now he's in the awkward position of finding himself at the mercy of EU leaders for permission to rejoin an international treaty, or risk devastating Britain's multi-billion-dollar legal services industry.
2021-07-28 07:05:42

Tencent cracks down on screen time after Chinese state media says gaming is 'spiritual opium'

Tencent has announced new limits on the amount of time minors can spend playing the company's online games, even as investors worry that China may extend its historic crackdown on the private sector to the gaming industry.
2021-08-03 14:05:44

Energy company wants $15 billion from the Biden administration for blocking the Keystone XL pipeline

TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover more than $15 billion in damages from the United States, claiming the US government breached its free trade obligations when it revoked the permit for the project.
2021-07-04 20:05:41

Intel co-founder Gordon Moore, author of 'Moore's Law' that helped drive computer revolution, dies at 94

Intel co-founder Gordon Moore, a pioneer in the semiconductor industry whose "Moore's Law" predicted a steady rise in computing power for decades, died Friday at the age of 94, the company announced.
2023-03-25 05:06:00

Biden's $1 billion bet to make beef cheaper: When will prices fall?

The White House on Monday offered a solution to surging meat prices: an action plan that includes investing $1 billion of American Rescue Plan funds to boost competition in the industry and promises to ramp up regulation and enforcement of anticompetition laws. But some experts say the move is unlikely to offer relief at the grocery store right away.
2022-01-04 14:05:55


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