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Tesla's Elon Musk unveils the largest factory in the world - BizNews
2022年4月14日 · Tesla’s Gigafactory Texas was unveiled to the public in the company’s spectacular Cyber Rodeo keynote event held in the very building.
Alphabet’s Q3 earnings surge on cloud growth and AI ... - BizNews
2024年10月30日 · The Other Bets division remains unprofitable, losing $1.1 billion in the quarter, but Alphabet has been working to narrow those losses. Ruth Porat, Alphabet’s former longtime CFO who famously instilled a greater spirit of fiscal discipline in the company, recently transitioned into a new role as president and chief investment officer.
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Nissan and Honda in merger talks to create auto giant ... - BizNews
2024年12月18日 · French automaker Renault SA will also necessarily have a say in any deal, considering it owns 36% of Nissan — a holdover from a longstanding alliance between it, Nissan and Mitsubishi Motors Corp. Renault is open to Nissan pursuing merger talks with Honda as the French automaker seeks way to insulate itself from the crisis plaguing its partner, according to people familiar with the situation.
Existential threat to rules-breaking Safair coming to a head
2024年11月19日 · Irish-owned Safair, which dominates South Africa’s domestic airline sector with a 60% market share, is facing a life-threatening challenge. Cemair founder and CEO Miles vd Molen explains in this interview that after being found guilty on the same charge a decade ago, Safair is once again accused of breaking SA’s local ownership rules.
BN portfolios - BizNews.com
We run two model share portfolios as a service to Premium subscribers – the BizNews Webtrader portfolio, which was started in December 2014; and the BizNews Shyft portfolio since December 2022.. Every month, Premium subscribers are invited to attend an interactive webinar at which Alec Hogg delivers a presentation updating developments at the companies held in the portfolio.
China unveils major stimulus package to revive slowing economy
2024年9月24日 · Details of Pan’s Package: The seven-day reverse repurchase rate will be lowered to 1.5% from 1.7%RRR lowered by 0.5 percentage points, unleashing 1 trillion yuan in liquidityPBOC didn’t specify when RRR cut takes effectMLF expected to be cut by 0.3 percentage pointsMinimum down-payment ratio cut to 15% for second-home buyers, from 25%China may cut the RRR further this year by another 0.25 ...
Musk’s political push: Influence, power, and conflicts ... - BizNews
2024年11月7日 · While Musk’s vision and knack for raising capital were critical during long years of losses, so too was government help. The Department of Energy’s Loan Programs Office lent Tesla $465 million at a critical moment in 2010, since repaid. Above all, consumer tax credits have been crucial in reducing the upfront price for EV adopters, with President Joe Biden’s Inflation Reduction Act ...