Mainland Banks Plunge on Goldman Sachs Downgrade
Mainland Banks Plummet on Hong Kong Stock Market Shanghai/Hong Kong – In a significant development, mainland banks experienced a sharp decline in the Hong Kong stock market on Thursday. The cause for concern was sparked by Goldman Sachs’ decision to downgrade its investment positions regarding Agricultural Bank of China and several others. On the 5th […]
Saudi Aramco, last year’s net profit increased by 46% year on year, the highest | Reuters
Saudi Arabia’s state-owned oil company Saudi Aramco posted a record net profit of $161.1 billion in 2022, up 46% from the previous year, according to a report released on March 12. Prices were Soaring energy, increased sales, and expanded refining margins provide tailwinds. FILE PHOTO: An oil facility in Abqaiq, Saudi Arabia, December 2019. REUTERS/Maxim […]
Chinese EV companies maintain prices even after subsidies end US Tesla too | Reuters
On January 5, electric vehicle (EV) makers Tesla, China Xpeng Motor, and SAIC-GM-Wuling Automobile will start selling electric vehicles (EVs) this year despite the government ending subsidies for electric vehicles (EVs) at the end of the last year We have no choice but to either keep the selling price unchanged in May or instead strengthen […]
East Elek expects sharp drop in profits this season Semiconductor manufacturers delay investment | Reuters
TOKYO (Reuters) – Tokyo Electron said on Thursday it had revised its consolidated operating profit forecast for the fiscal year ending March 31, 2023, to 546 billion yen, down 8.9% from a year earlier. Earnings were expected to increase 19.5% to 716 billion yen, but profits are forecast to fall. In addition to the impact […]
Twitter struggles to retain heavy users = internal data | Reuters
Twitter is struggling to retain its most active users, which it calls “heavy tweeters.” Reuters confirmed the contents of the internal investigation documents. Photo of the Twitter logo. FILE PHOTO: The New York Stock Exchange in June 2022. REUTERS/Brendan McDermid (Reuters) – Twitter is struggling to retain its most active users, whom it calls “heavy […]
Bed and Bathtub CFO in the United States falls to his demise from a skyscraper in NY | Reuters
Gustavo Arnal, chief economical officer (CFO) of Mattress, Bathtub and Further than, died on September 2 just after slipping from a skyscraper in New York Metropolis. The photo is the company emblem. REUTERS/Andrew Kelly (Reuters) – Gustavo Arnal, the main financial officer of Bed, Tub & Outside of, died following falling from a skyscraper in […]
Twitter unexpectedly declines in second quarter due to turmoil over Musk’s acquisition | Reuters
[２２日 ロイター] ――In the second quarter financial results announced by US Twitter on the 22nd, sales decreased unexpectedly and a net loss was recorded. In addition to the weak digital advertising market, there was turmoil over Elon Musk’s $ 44 billion acquisition. In the second quarter financial results announced by US Twitter on the 22nd, […]
U.S. Twitter, Mr. Musk appointed U.S. law firm Wactel in lawsuit = Reuters | Reuters
On July 10, Twitter, a U.S. short-text posting site, has filed a lawsuit against Elon Musk, CEO of Tesla, a major U.S. electric vehicle company, who withdrew its acquisition plan.・ Lipton Rosen & Katz was appointed. Taken on April 28 (2022 Reuters / Dado Ruvic / Illustration) [１０日 ロイター] –Twitter, a US short-text posting site, […]
US Tesla, analysis of “whac-a-mole” state due to a series of problems also suffered sales decline | Reuters
On July 5, Wall Street analysts said the company’s production stagnation and rising inflation faced a decline in second-quarter sales of electric vehicle (EV) giant Tesla for the first time in two years. We analyzed that a series of problems could hit profits directly. March representative photo taken at Tesla factory in Grünheide, Germany (2022 […]
UK car sales down 24% year-on-year in June, low for 26 years | Reuters
According to data released by the British Automobile Manufacturers Association (SMMT) on July 5, the number of new car registrations in June decreased by 24% from the previous year to 140,958 units, the lowest in 26 years since 1996 in June. It became a standard. Taken in October 2020 at a distributor in Cheshire, England […]
