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BYD builds factory in Turkey to expand into Europe

Istanbul, July 8, 2024 - Chinese automaker BYD, one of the world's largest electric vehicle (EV) manufacturers, is expanding its operations into Europe. The...

China’s central bank skips gold buying for second straight month: Ending 18-month streak

China's central bank (PBOC) has once again refrained from increasing its gold reserves in June, ending an 18-month buying spree that had pushed gold...

BYD acquires 20% stake in Thai distributor Rever Automotive

Bangkok, July 6, 2024 – Chinese automaker BYD is strengthening its position in the Thai market by acquiring a 20% stake in Rever Automotive,...

US Stock Market Hits Record Highs as Investors Cheer Cooling Labor Market

New York, July 6, 2024 - US stocks ended Friday (July 5) on a high note, with the S&P 500 and Nasdaq Composite indexes...

Swiss National Bank Blames Credit Suisse Management for Collapse

The Swiss National Bank (SNB) places the entire responsibility for Credit Suisse's collapse on the bank's management. In an interview with Le Temps, SNB...

Airbus Deliveries Up Slightly in First Half, Down in Second Quarter

Paris, July 5 (TASR) - Airbus achieved modest growth in aircraft deliveries for the first half of 2024, but saw a decline in the...

Canada Unemployment Rate Rises to Near 2.5-Year High: Labor Market Challenges Persist

Ottawa, July 5 - Canada's labor market is facing headwinds as the unemployment rate rose to 6.4% in June, the highest level since January...

Ryanair and Wizz Air Face Crackdown in Hungary Over Flight Delays and Cancellations

Hungary's government has taken aim at low-cost airlines Ryanair and Wizz Air over a spate of flight delays and cancellations, launching investigations into whether...

Dark secret of vaccine and pharmaceutical companies exposed

Investigate Europe has revealed that the 15 biggest pharmaceutical companies in the world operate more than 1,300 subsidiaries in tax havens. This hidden maneuver...

Canada’s Trade Stumbles as Weak Exports Deepen Deficit

Ottawa, July 4, 2024 - Canada's trade growth is showing signs of slowing down. May saw exports fall to their lowest level in...

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