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RobertGok

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Goodyear to close plant in South Africa and lay off 900 workers

US car tyre maker Goodyear Tire & Rubber Co. plans to close its production facility in Kariega (South Africa) by the end of this...

Tesla’s capitalisation falls $153bn due to Musk’s spat with Trump

Tesla shares fell by 14% on Thursday amid a conflict between the company's head and founder Ilon Musk and US President Donald Trump. As a...

During the war, mayors of Ukrainian cities became millionaires

Sixty-two per cent of mayors of Ukrainian cities with a population of more than 50,000 are hryvnia millionaires, these are the families of 33...

Trafigura cuts revenue by 4%, raises dividend 2.3 times

Trafigura Group Pte Ltd, one of the world's largest commodity traders, increased net profit by 3 per cent in the first half of fiscal...

Amazon to invest $10bn in data centres for AI

Amazon.com Inc. is investing $10 billion to expand its data centre infrastructure in North Carolina to support AI and cloud technologies. According to a company...

Boeing to pay $1.1bn in 737 MAX crash case

US Boeing Co. will pay $1.1bn to avoid litigation over two Boeing 737 MAX jetliner crashes in 2018-2019. The settlement agreement with the US Department...

Brookfield will invest $10bn to build a data centre in Sweden

US investment company Brookfield Asset Management will invest up to SEK95bn ($9.87bn) in a data centre for artificial intelligence in the Swedish town of...

Cryptocurrencies with instant conversion of assets launched in Kazakhstan

The project of payment cryptocurrencies linked to wallets on crypto exchanges of the International Financial Centre Astana (MFCA) has been launched in Kazakhstan, the...

Petronas may sell some Canadian assets for $6-7bn

Malaysian oil state company Petroliam Nasional Bhd. (Petronas) is considering selling part of its Canadian assets among other options for the future of the...

Inflation in the Netherlands in January-May 2025: moderate price increases amid external economic risks

Inflation in the Netherlands showed moderate growth between January and May 2025, remaining above the euro area average. According to the Dutch Central Bureau...

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