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Last Flight of Italian Airline Alitalia
After the last flight from Sardinia to Rome, the existence of the Italian airline Alitalia will come to an end after Thursday. According to the timetable, the aircraft from Cagliari will land in Rome at 23:10, closing this chapter in…
Lego No Longer Targeting Sets Advertising to Boys or Girls
Toy manufacturer LEGO will no longer focus specifically on boys or girls when promoting sets. In this way, the Danish company wants to help break gender roles. This puts an end to years of gender-based marketing of Lego.
The known…
Cautious Optimism in China Over Trade Relations with US
The Chinese scientific research institute CASS sees a positive signal in an appeal to China from the American trade representative Katherine Tai. That says the institute in the Chinese state newspaper The Global Times.
Tai on…
Small Pluses at Wall Street Opening After Price Fall the Day Before
The stock exchanges in New York opened on Friday mainly with small gains on the first trading day of October. On Thursday, heavy price losses were still visible for the Dow-Jones index and the broad-based S&P 500.
Investors on…
Evergrande Pays Back Money to Equity Investors
China Evergrande Group has begun to repay some of its outstanding debt from buyers of investment products. Earlier, they protested for weeks against missed payments by the debt-plagued project developer.
A debt of 260 billion euros…
Electric Sister Brand Volvo Cars to New York Stock Exchange
Polestar, the electric sister brand of Swedish automaker Volvo Cars, will be listed on the New York Stock Exchange. In addition, a price tag on Polestar of 20 billion dollars.
Nasdaq's IPO on the technology exchange is via a merger…
Consumer Prices in Japan Up for the First Time in 13 Months
Japanese consumer prices rose for the first time in 13 months in August. This puts an end to the longest period of price declines in the country since 2011.
The price increase was mainly due to rising prices for hotels, certain…
Tesla Wants Higher Fines for Exceeding Maximum Consumption of Cars
Tesla wants US automakers to quickly pay higher fines if their vehicles use too much fuel. The maker of electric cars puts pressure on the US government to make rules relaxed by former President Donald Trump stricter again.
It…
China Will Not Build Coal Plants Abroad, Important Step in Fight Against Global Warming
China will not build coal plants abroad. President Xi announced in his speech to the United Nations General Assembly.
An important decision to reduce global CO2 emissions, although coal remains the primary source of energy in China…
UK Energy Companies Need Government Support
UK energy companies need government support. Smaller energy companies, in particular, are currently experiencing difficulties due to declining gas stocks and rising prices, which are weighing heavily on their financial results.
The…