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ASML supplier VDL denies reports it is cutting jobs
Market Updates

ASML supplier VDL denies reports it is cutting jobs

AMSTERDAM (Reuters) - Industrial machinery maker VDL, a key supplier to top computer chip equipment maker ASML, on Monday denied a report that it is cutting jobs due to weak demand in semiconductor ma...

  • September 02, 2024 06:56 AM PDT
  • EODHD
Boxing federation chief unveiled as owner of nationalised Russian car dealership
Market Updates

Boxing federation chief unveiled as owner of nationalised Russian car dealership

A car dealership that was seized by the Russian state and subsequently nationalised said on Monday that Umar Kremlev, head of the International Boxing Association, had become its new owner.

  • September 02, 2024 06:38 AM PDT
  • EODHD
Big Tech signals continued AI investments: Is that good news for Bitbot?
Stock Market

Big Tech signals continued AI investments: Is that good news for Bitbot?

The tech giants have reported their earnings, and there’s a clear message for investors: their spending on AI infrastructure is set to increase significantly from here on out. Why? Because the artificial intelligence sector is growing at an unprecedented rate, and companies like Amazon, Microsoft, and Meta Platforms can’t afford to fall behind. Even a […]

  • September 02, 2024 06:36 AM PDT
  • Invezz
Brazil's Petrobras cuts jet fuel prices by around 9%
Market Updates

Brazil's Petrobras cuts jet fuel prices by around 9%

Brazilian state-run oil giant Petrobras lowered jet fuel prices for distributors by around 9% in some key marketing areas starting Sept. 1, data on the company's website showed on Monday.

  • September 02, 2024 06:28 AM PDT
  • EODHD
Volkswagen warns of German plant closures, end to job security scheme
Market Updates

Volkswagen warns of German plant closures, end to job security scheme

Volkswagen said on Monday it can no longer rule out plant closures in Germany as it seeks ways to save several billion euros at its namesake brand in a cost-cutting drive.

  • September 02, 2024 06:23 AM PDT
  • EODHD
Euro zone banks must consider geopolitics in capital plans - ECB
Market Updates

Euro zone banks must consider geopolitics in capital plans - ECB

Euro zone banks should factor in geopolitical risks when they decide how much capital to pay out and where to do business, the European Central Bank's top supervisor Claudia Buch said on Monday.

  • September 02, 2024 06:17 AM PDT
  • EODHD
Comment: The world needs to collaborate to reach net zero. Here’s how the UK can lead the way
Market Updates

Comment: The world needs to collaborate to reach net zero. Here’s how the UK can lead the way

The new UK government is sending clear signals of its commitment to tackle the climate crisis, not least cancelling the ban on building onshore wind development. Sir Kier Starmer made clean energy a c...

  • September 02, 2024 06:14 AM PDT
  • EODHD
Exclusive: U.S. researchers find probable launch site of Russia's new nuclear-powered missile
Market Updates

Exclusive: U.S. researchers find probable launch site of Russia's new nuclear-powered missile

Two U.S. researchers say they have identified the probable deployment site in Russia of the 9M370 Burevestnik, a new nuclear-powered, nuclear-armed cruise missile touted by President Vladimir Putin as...

  • September 02, 2024 06:08 AM PDT
  • EODHD
Maybe You’re Expecting Too Much From Your Airbnb
Market Updates

Maybe You’re Expecting Too Much From Your Airbnb

What do travelers want from an Airbnb right now? The number of short-term rentals on sites such as Airbnb and Vrbo hit a record high in July, according to AirDNA, a market-research firm. Hosts now hav...

  • September 02, 2024 06:00 AM PDT
  • EODHD
New Zealand working on small margins to beat the Springboks
Market Updates

New Zealand working on small margins to beat the Springboks

More clinical work at the breakdown and greater discipline are two of the keys to success for New Zealand flanker Ethan Blackadder as his side prepare to take on South Africa in a second Rugby Champio...

  • September 02, 2024 05:57 AM PDT
  • EODHD
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