-
Israel, UAE, Bahrain vaccination and an infection tendencies
Two women in face masks walk along a shopping area on April 19, 2021 in Dubai, United Arab Emirates. Francois Nel | Getty Images News | Getty Images Vaccination campaigns in several Middle East nations raced ahead of the rest of the world at the beginning of 2021. Israel, the United Arab Emirates and Bahrain…
-
Sebastian Coes on Japan Video games
Sebastian Coe, Chair of the London Organizing Committee of the Olympic and Paralympic Games, delivers a speech during the opening ceremony of the IOC session at London’s Royal Opera House, Monday 23 July 2012. (AP Photo / Lefteris Pitarakis) Lefteris Pitarakis LONDON – The Tokyo Olympics should be held as there is no major health…
-
Automotive SPACs attempt to show their price to Wall Road amid bubble
Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Electric vehicle start-ups that went public through SPAC deals over the past year are trying to prove their worth to Wall Street as investors grow increasingly skeptical of their future and securities regulators scrutinize their books. Canoo and Lordstown Motors…
-
Toyota leads US gross sales for GM, anticipated to turn into America’s top-selling automaker
Toyota Motor outperformed General Motors in the US for the first quarter and is expected to be America’s best-selling automaker. The Japanese automaker reported sales of 688,813 vehicles in the US from April through June on Thursday. That compares to GM at 688,236 vehicles during the second quarter. Toyota exceeded analysts’ expectations, while GM slightly…
-
GM’s income within the second quarter is up 40%, however is barely under analysts’ expectations
DETROIT – General Motors ‘US vehicle sales in the second quarter were slightly below analysts’ expectations as a persistent shortage of semiconductor chips impacted vehicle production and dealer inventories. The Detroit automaker reported second-quarter sales of 688,236 vehicles on Thursday, 39.7% more than a year earlier, as the coronavirus pandemic caused Americans to seek shelter…
-
Trump Group CFO Allen Weisselberg pleads not responsible to tax crimes
The Trump Organization’s long-time chief financial officer Allen Weisselberg pleaded not guilty Thursday to tax-related crimes that include scheme to defraud and grand larceny in a Manhattan court, where the company also was hit with related criminal charges. A 15-count indictment says the Trump Organization and Weisselberg devised a scheme to compensate Weisselberg and other…
-
New Covid wave has arrived in Europe, WHO says
Scotland fans arrive at King’s Cross Station on June 17, 2021 in London, England. Soccer games, taking place during the Euros, have been blamed for a rise in Covid cases numbers. Rob Pinney | Getty Images Sport | Getty Images A new wave of coronavirus cases could soon arrive in Europe, the World Health Organization…
-
CureVac desires to “go forward” with Covid vaccine regardless of research outcomes
An employee of the German biopharmaceutical company CureVac will demonstrate research on a vaccine against the coronavirus (COVID-19) disease in a laboratory in Tübingen on March 12, 2020. Andreas Gebert | REUTERS LONDON – CureVac plans to continue work on its Covid-19 vaccine despite disappointing results from clinical studies showing the vaccine is only 48%…
-
Nio shakes off chip scarcity with greater than 8,000 deliveries in June
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC BEIJING — Chinese electric car start-up Nio said Thursday it delivered more than 8,000 cars in one month for the first time. The company delivered 8,083 vehicles in June, bringing the second-quarter total to 21,896 cars, according to a…
-
Sustainable investing now not means decrease returns
The CEO of banking giant Credit Suisse told CNBC that the coronavirus pandemic has “greatly accelerated the trend towards ESG and sustainability” and sought to highlight investment opportunity across the board. “The demand we see – from both our residential and institutional customers – for ESG-compliant products is growing all the time,” said Thomas Gottstein,…