Browsing Category
News
Russia: More Military Bases in the West Due to NATO Threat
Russia will set up new military bases in the west in response to the threat posed by NATO expansion, according to Moscow.
Russian Defense Minister Sergey Shoygu said more bases and units will be established in…
Cisco and Kohl’s Slump After Results on Lower Wall Street
Cisco Systems lost a tenth of its market value on Wall Street at the start of the trading day on Thursday. The manufacturer of network equipment and security software recorded less turnover than expected last quarter.…
Fashion Brand Burberry Benefits From Higher Sales Prices
British fashion brand Burberry has done well in the past quarter thanks to higher sales prices for its raincoats and checked handbags. As a result, both profit and turnover increased.
However, Burberry suffers…
Erdogan Continues to Reject Finland and Sweden Joining NATO
The Scandinavian countries Sweden and Finland are striving to join NATO. A majority of Parliament in Stockholm voted in favour of the historic step on Monday. Meanwhile, Turkey is threatening to block the entry of the…
Apple Tests iPhone with Universal USB-C Connection
Apple is said to be testing an iPhone with a USB-C connection. This would bring it into line with the forthcoming European legislation. But the adjustment is not yet for the immediate future.
According to…
Google: Deals With 300 News Media About Paying for Articles
Tech company Google has concluded deals with more than 300 news organizations in the European Union about payment for posting their articles in its search engine.
Alphabet's subsidiary does not disclose how much…
ECB Boss Hints at Possible Interest Rate Hike Next Summer
The European Central Bank (ECB) is expected to raise interest rates in July. ECB president Christine Lagarde hinted at a first interest rate hike next summer.
During a meeting in Slovenia's Ljubljana, Lagarde…
US Tech Companies Sued Over Russian Withdrawal
Dell, Netflix and Apple are being sued in Russia for no longer providing services in the country. In Dell's case, payment was made for never delivered items.
A Moscow court has seized 778,526,223 rubles, nearly…
Nvidia Fined Millions for Hiding Crypto Profits
The SEC fined Nvidia $5.5 million for failing to tell investors how much of their profits depended on crypto miners.
Hardware builder Nvidia has been doing exceptionally well in recent quarters. The company,…
British Airways Struggles With Staff Shortages at Heathrow
Aviation group IAG, the parent company of British Airways, has had to scale back its plans to increase capacity this year due to staff shortages at London's Heathrow airport. This year, the company had hoped to fly at 85…