Newsletter
Will the iPhone be banned in the EU?
From the end of 2024, all electronic devices such as cell phones, tablets, e-readers, digital cameras, headphones and portable speakers must be able to be charged using a standard USB-C charging cable. But Apple, which has been equipping its iPhones with its …
Apple defies industry trend: iPhone sales rise
The U.S. tech giant Apple has again grown strongly in the second quarter of fiscal year 2023. In particular, sales of the new iPhone model contributed to the fact that the decline in quarterly revenues compared to the previous year was only half as high as …
Shell and Equinor earnings exceed forecasts
Energy giants Shell and Equinor beat their first-quarter earnings expectations. Both companies used leverage from their trading divisions to offset lower oil and gas prices. The trend continues in the industry after Exxon Mobil, Chevron and BP also posted …
Gold prices remain stable above USD 2,000
Gold prices remained just above the key USD 2,000 per ounce level on Wednesday as investors turned their attention to the Federal Reserve's interest rate decision. Spot gold traded in a narrow range of USD 5.48 and remained at USD 2,017.09 per ounce after …
First Republic Bank fights for existence
The US regional bank First Republic is currently fighting for survival. After the collapse of two U.S. regional banks in March, the banking crisis seemed to be over - but now another financial institution in the U.S. is tottering. In a panic reaction, …
Silver Lake plans acquisition of Software AG
U.S. financial investor Silver Lake has submitted a takeover bid for Software AG. The offer amounts to €30 per share and represents a takeover volume of €2.2 billion. The takeover is considered friendly and is supported by the company's management. The …
E.ON: Germany on the way to the 2030 hydrogen target
German energy company E.ON has given a more optimistic assessment of the green hydrogen market in an update to its report. Germany is aiming to reach a capacity of 10 gigawatts of green hydrogen by 2030. This energy is to be produced from renewable sources …
IKEA invests in new US locations
Swedish furniture chain IKEA will invest around $2.2 billion in the U.S. market over the next three years. The Ingka Group, which operates the IKEA stores, is thus planning the largest investment in a single country in the company's history. The goal is to …
Tesla lowers prices again in the USA
Tesla has again lowered the prices of some of its Model Y and Model 3 electric vehicles in the US. This is the sixth price reduction that the company has made this year. The price reduction affects the Model Y Long Range and Performance, whose price is reduced …
Apple opens first store in India
Apple has opened its first store in India and is planning a "major expansion" in the country. Group CEO Tim Cook personally opened the store in Mumbai and hundreds of people attended the opening. Apple is not only hoping to drive consumer spending in India, …