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RobertGok

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Meta is investing more than $50 billion in the expansion of its data centre in Louisiana

The US company Meta is increasing the capacity of its data centre in Richland Parish, Louisiana, to 5 GW, according to the company’s blog. Investment...

Germany has funded the purchase of 50,000 attack drones for Ukraine

Germany has funded the purchase of 50,000 attack drones for Ukraine, according to Reuters. It is noted that this order is one of the largest...

Delta Air Lines saw its net profit fall by 25 per cent in the second quarter

Delta Air Lines, one of the largest airlines in the US, saw its net profit fall by 25 per cent in the second quarter,...

SK Hynix has listed its ADRs on the Nasdaq for a record $26.5 billion

South Korean chipmaker SK Hynix Inc. has listed American Depositary Receipts (ADRs) on the Nasdaq stock exchange, raising $26.5 billion. The size of the offering...

Samsung and SK Hynix are to build two chip factories each

South Korean President Lee Jae-mang has announced a plan to develop the country’s semiconductor manufacturing sector and expand its artificial intelligence infrastructure through large-scale...

Rocket Lab is acquiring Iridium Communications in an $8 billion deal

The US space company Rocket Lab Corp. has agreed to acquire the satellite communications operator Iridium Communications Inc. for approximately $8 billion, including debt,...

Retail sales in Japan rose by 5.3% in May

Retail sales in Japan rose by 5.3 per cent in May compared with the same month last year, according to the country’s Ministry of...

Volkswagen may cut up to 100,000 jobs worldwide

Oliver Blume, Chief Executive of the German Volkswagen Group, plans to cut up to 100,000 jobs worldwide over the next few years and to...

Kurt’s party won 53 seats in the Kosovo parliament

According to *The Serbian Economist*, the Vetëvendosje movement led by incumbent Prime Minister Albin Kurti came first in Kosovo’s snap parliamentary elections, but failed...

Global cocaine production has reached an all-time high

Global cocaine production has reached an all-time high: in 2024, around 4.1 thousand tonnes of pure cocaine were produced in South America, according to...

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