Amazon exceeded $2 trillion in market value Wednesday, joining six U.S. firms, as AI confidence and interest rate cuts boosted tech stocks. The stock surged 3.4%…
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IG Metall, Germany’s leading union, announced Friday that wage negotiations in October will seek a 7% salary increase from Volkswagen.The leading industrial union in Germany, stated…
As demand rises in Germany, Europe’s largest economy, Amazon announced a 10 billion euro ($10.75 billion) investment on Wednesday. This investment underscores Amazon’s commitment to expanding…
Hyundai Motor Co. Launches a New Chapter with IPO Hyundai Motor Co. to sell 17.5% shares on Mumbai exchange, potentially the country’s largest offering.The parent company…
HSBC Adds 300 Employees in China After Acquiring Citi’s Wealth Business Date: June 11, 2024Location: ChinaHSBC Expands Workforce in ChinaThe Asia-focused lender, HSBC, announced on Tuesday…
China has established its third planned state-backed investment fund to support its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion). This move…
On Thursday, the president’s office of South Korea announced that the nation unveiled a 26 trillion won ($19 billion) support package for its crucial semiconductor industry. …
On Wednesday, Amazon Web Services (AWS) announced its plan to invest 7.8 billion euros ($8.44 billion) in Germany through 2040, as part of its effort to…
On Monday, Amazon announced that it would establish more than 3,000 permanent jobs in France. Additionally, the company declared it would invest over 1.2 billion euros…
Kuala Lumpur – On Monday, the government announced that Malaysia will build Southeast Asia’s largest integrated circuit design park. It will offer incentives such as tax…