Business

There will still be a shortage of oil this year, but that will change next year. Then there will be more oil than there is demand, oil cartel OPEC has put together with some friendly countries. The so-called OPEC+ presented its…

Google would pay nearly $15 billion to Apple this year to be the default search engine on iOS. An amount that increases significantly every year and entails risks for both parties. The figure comes from research firm Bernstein that…

The price of oil rose sharply on Monday. The recovery comes after the most extended series of price falls in more than three years. The financial markets are more optimistic now that the economic superpower China appears to be able…

The stock markets in New York opened lower on Tuesday, partly due to concerns about the economic recovery from the corona crisis due to the advance of the Delta variant. Supermarket group Walmart and DIY chain Home Depot were among…

The Greek economy will emerge from the double blow of both the corona pandemic and the massive forest fires in the country. This is mainly due to better-than-expected income from tourism. That expectation expressed the Greek Finance…

The oil-producing countries united in the oil cartel OPEC are not tampering with the earlier forecasts regarding global oil demand. Not even now that the highly contagious Delta variant of the coronavirus is spreading worldwide, potentially…

Elon Musk is the richest person on Earth again. Tesla CEO has surpassed rival Jeff Bezos as his stock has increased in value. Musk has a net worth of $194 billion, according to Bloomberg's billionaire index. That's $100 million…

US stocks opened on Friday with mixed results. An important monthly jobs report pointed to a strong recovery in the labour market. American companies are hiring more and more staff, and unemployment in the world's largest economy is falling…

Along with significant automakers, President Joe Biden aims for 40 to 50 percent of new cars sold by 2030 to be vehicles that do not produce exhaust gases. He wants to reduce the use of fossil fuels in this way and is supported by a…

Neuralink, the American businessman Elon Musk, researches brain implants that can communicate with devices and has extra cash in hand. Neuralink wants to develop a wearable chip that can be placed behind the ear. This should ensure…