Foxconn
Posted in Big Business Latest

Foxconn targets EV chip market with purchase of $90.8 million wafer plant from Macronix

Foxconn said on Thursday it has bought a chip plant…

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Posted in Big Business Latest

Nintendo quarterly sales slump for its flagship Switch console

Japan’s Nintendo Co Ltd said on Thursday sales of its…

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Biden sets target for 50% EVs by 2030

U.S. President Joe Biden will sign an executive order on…

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ByteDance to lay off staff and close businesses over China tutoring clampdown

TikTok owner ByteDance told employees on Thursday that it planned…

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uber
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Uber posts $509 million loss on driver incentives

Uber Technologies Inc on Wednesday reported widening losses as it…

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India threatens Flipkart with $1.35 billion fine

India’s financial-crime agency has asked Walmart’s Flipkart and its founders…

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Bayer
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Bayer buys biopharma firm Vividion Therapeutics for up to $2 billion

Bayer on Thursday said it acquired U.S.-based biopharmaceuticals company Vividion…

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Adidas hikes outlook despite hit to China sales

German sportswear company Adidas raised its outlook for full-year sales…

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siemens
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Siemens beats quarter forecasts, raises profit guidance for third time

Siemens became the latest industrial firm to report a post-pandemic…

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Posted in Crime Latest

Interpol declares Gloria Osei, husband, Muyiwa Folorunsho, wanted for alleged investment fraud

A Nigerian couple who gained notoriety in 2019, Gloria Igberaese…

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