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Ford aims at cooperation with VW in the EV space

Ford aims at cooperation with VW in the EV space

Ford Motor (NYSE: F) is about to sign a licensing deal with Volkswagen. The aim is to use the company's electric car technology in the development of a new model to conquer the European market. The two companies have made great strides in the talks so far and …

May 9, 2021• 2 min
The new TikTok CEO is the former CFO of ByteDance

The new TikTok CEO is the former CFO of ByteDance

Shou Zi Chew (Chinese name 周 受 资), who recently became ByteDance's Chief Financial Officer, will also serve as TikTok's Chief Executive Officer. Meanwhile, Vanessa Pappas, TikTok's interim boss, has been named chief operating officer, Bloomberg reports. TikTok …

May 8, 2021• 1 min
Hemp looks back at a long history in Australia

Hemp looks back at a long history in Australia

When a huge patch of Cannabis sativa was discovered growing wild in the Hunter Valley, about 100 miles north of Sydney, it sparked the birth of the pot counterculture in Australia. But the roots of the plant are much older, going back to Australia's …

May 8, 2021• 3 min
Latin American Oil Majors feel the heat of the latest Covid wave

Latin American Oil Majors feel the heat of the latest Covid wave

Despite lengthy lockdowns and closed borders across South America, the continent is one of the hardest hit by the COVID-19 pandemic. Three countries, Brazil, Argentina and Colombia are in the top 12 countries with the most cases, while Brazil and Colombia are …

May 7, 2021• 3 min
Twitter to introduce option for high-res photos

Twitter to introduce option for high-res photos

Twitter Inc. (NYSE: TWTR) has finally allowed users with higher-resolution photos to share. The company says it has channeled many of its efforts and resources into a testing program designed to ensure improved service delivery. Just recently, Twitter revealed …

May 7, 2021• 1 min
Crown Cooperation becomes one of Canada´s first craft cannabis resellers

Crown Cooperation becomes one of Canada´s first craft cannabis resellers

Ontario's provincial cannabis wholesaler and online retailer has launched its highly anticipated Craft category. On Thursday the homepage of the Crown Corporation was dedicated to the new name, with the definition of the shop, what craft means and links to …

May 6, 2021• 2 min
Janet Yellen denies that inflation is coming

Janet Yellen denies that inflation is coming

US Treasury Secretary Janet Yellen on Sunday dampened concerns that President Joe Biden's plans for infrastructure, jobs and families will cause inflation, saying spending will be staggered over a decade. "It's pretty evenly spread over eight to ten years," …

May 6, 2021• 2 min
Exxon meets earnings expectations

Exxon meets earnings expectations

Exxon Mobil Corp outperformed Wall Street earnings estimates on Friday with its first profit in five quarters, helped by higher oil prices and strong chemical margins. Exxon (NYSE: XOM) and its competitors' earnings have soared this year, with crude oil prices …

May 5, 2021• 3 min
Amazon helps SMU company in India

Amazon helps SMU company in India

Amazon India is committed to helping 10 million small and medium-sized businesses in India through digital transformation. This will provide modern software solutions for these companies. Amazon Web Services (AWS), a cloud platform, has introduced the Amazon …

May 5, 2021• 2 min
Intel invests 600 million dollars in Israel

Intel invests 600 million dollars in Israel

Intel Corp (NASDAQ: INTC) said Sunday that it will invest another $ 600 million in Israel to expand its research and development (R&D) and confirmed it will spend $ 10 billion on a new chip factory. The announcement came during a one-day visit by Intel Chief …

May 4, 2021• 2 min