Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk electric vehicle maker off to its worst start to any year.
The company has lost more than $94 billion in market valuation in just the first two weeks of 2024. It's not hard to figure out why, as the Austin, Texas-based EV maker has been pounded by a barrage of negative news: an about-face on EVs from the car rental giant Hertz Global Holdings Inc., yet another price cut for its cars made in China, and signs of rising labor costs.
US consumer electronics giant Apple is offering Chinese consumers discounts of up to 800 yuan (US$113) on a range of products, from iPhones to MacBooks, in a move to fend off intensifying competition from local rivals such as Huawei Technologies ahead of the Lunar New Year.
Boston se adentra en el prime. La empresa española de moda masculina, propiedad de Mayoral, abrirá su primera tienda en el high street donostiarra. Con esta apertura, la compañía suma seis puntos de venta en el País Vasco. La operación ha sido intermediada por Areizaga Inmobiliaria.
Germany is on track for its first two-year recession since the early 2000s after its economy shrank in 2023 amid the impact of higher energy costs and weaker industrial demand.
The German national statistics office said “multiple crises” affecting the economy had contributed to a 0.3% fall in gross domestic product (GDP) in 2023, compared with the previous year, as higher interest rates and elevated living costs took their toll.
El informe del USDA de este viernes 12 presentó un panorama bajista para la soja, con existencias finales mundiales y estadounidenses estimadas por encima de las expectativas comerciales.
Even as obesity and diabetes heavyweights Eli Lilly and Novo Nordisk command headlines with their global manufacturing expansions, Boehringer Ingelheim is getting in on the action.
Thursday, Boehringer Ingelheim pledged 120 million euros ($131 million) to expand a plant in Koropi, Greece, to crank out more doses of new and existing medicines.
Los barcos gasistas cataríes dejarán de atravesar el mar Rojo para llevar el combustible a sus clientes finales, sobre todo europeos. Qatar Energy ha anunciado este lunes que se unirá al resto de grandes nombres del transporte que llevan semanas evitando esa ruta para no ser objeto de ataques de las milicias hutíes frente a las costas de Yemen, aliados de Irán y contrarios a los ataques israelíes sobre Gaza.