Trump admitted defeat After a long refusal to defeat, Donald Trump said his administration would admit defeat and start working with Joe Biden’s team. The Republican team will thus admit defeat and the transfer of power can begin. On the other hand, the current president has pledged to continue to challenge his electoral loss. Trump […]
The European Union is introducing tariffs Following an annual survey, the European Commission has come to the preliminary view that Amazon has infringed EU competition rules by using non-public sales data that it collects on its website to inform its products and services. “We need to ensure that dual-market platforms with market power, such as […]
Agreement between Nvidia and Arm in jeopardy An almost certain $40 billion deal between the British chip company Arm, owned by SoftBank and Nvidia. The reason is Allen Wu, CEO of Arm China, which controls almost 17 per cent of its shares. Allen Wu took control of a key investment company last November and currently […]
When will the ECB provide incentives? Ignazio Visco, who heads the ECB and as governor of the Italian central bank, gave a closer look at EU direction in an interview with Bloomberg. According to him, the ECB should ensure that the stimulus is not set too soon. The bank must consider the risks associated with […]
Concerns are growing in Germany Germany is currently experiencing growing concerns about the growth of the German economy in October due to increasing growth in coronavirus infections. As the results of the survey published today by the ZEW Institute show. The confidence index fell to 56.1 points from 77.4 points in September. On the other […]
Warning associated with the second wave The second wave of coronavirus, which is slowly hitting more eurozone countries, could delay the economic recovery in the eurozone, Christine Lagarde, the president of the European Central Bank, said today. This is due to the growing number of new cases of coronavirus infection in many European countries, with […]
Listing of Siemens Energy Siemens AG listed Siemens Energy on the Frankfurt Stock Exchange on September 28. The launch was a merger of Siemens Gamesa Renewable Energy with its Gas and Power divisions. This strategic step aimed to reduce the risk of Siemens AG due to the growing demand for conventional energy equipment and the […]
German debt will rise to alarming levels In response to the closure of the economy due to the coronavirus, Germany has taken several costly measures to mitigate the effects of the crisis. Among other things, it took a reduction in value-added tax for half a year, decided to provide families with a one-time contribution of […]
The largest software IPO Snowflake has raised the largest initial public offering for Wall Street’s latest huge demand for cloud computing companies. Snowflake’s stock price exceeded its original target price range of $100 to $110, which alone rose more than a quarter earlier this week. The company’s market value is more than two and a […]
AstraZeneca has stopped testing the vaccine AstraZeneca, in collaboration with Oxford University working on the development of a vaccine against COVID-19, suspended testing in humans after one of those tested suspected a serious adverse reaction. Following this, the British drug manufacturer voluntarily suspended the tests and stated that it was working to re-evaluate the incident […]
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