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26 May, 2022
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Tesla sold a record 70,847 China-made vehicles in Dec

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Category: Business

Tesla sold a record 70,847 China-made vehicles in Dec

January 20, 2022January 14, 2022 ogle-appcom

U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association (CPCA) showed on Tuesday. Tesla’s December sales, which Read more

Business

Cerberus’ German bank sale likely just the beginning

January 19, 2022January 14, 2022 ogle-appcom

Cerberus’ sale this week of part of its sizeable holdings in Deutsche Bank (DBKGn.DE) and Commerzbank (CBKG.DE) is likely the first step to a full exit from the lenders by the U.S. investor, said two people with knowledge of the Read more

Business

German court to rule in row over funding for cruise shipbuilder MV Werften

January 18, 2022January 14, 2022 ogle-appcom

A German court will rule next week in a case brought by Genting Group against a German regional government after a row over funding for cruise shipbuilder MV Werften, which filed for insolvency on Monday. Genting, led by Malaysian tycoon Read more

Business

NFT sales hit $25 billion in 2021, but growth shows signs of slowing

January 17, 2022January 14, 2022 ogle-appcom

From cartoon apes to video clips, sales of NFTs reached some $25 billion in 2021 as the speculative crypto asset exploded in popularity, data from market tracker DappRadar shows, although there were signs of growth slowing towards the end of Read more

Business

Ethiopian Airlines is profitable as cargo demand booms, CEO says

January 16, 2022January 14, 2022 ogle-appcom

Ethiopian Airlines is profitable and cash positive, underpinned by booming demand for air cargo, its chief executive said on Tuesday. The air freight market has been a rare bright spot for airlines over the past two years, with rates rising Read more

Business

World Bank demands faster G20 debt relief as poor nations squeezed

January 15, 2022January 14, 2022 ogle-appcom

Poorer developing nations need faster G20 debt relief, the World Bank said on Tuesday, redoubling its calls for China, the world’s largest creditor, and private sector creditors, to reverse course and participate fully in debt relief efforts. The pandemic-induced recession Read more

Business

Blackstone-backed Candle Media acquires Faraway Road Productions

January 14, 2022January 14, 2022 ogle-appcom

Blackstone-backed Candle Media is buying Faraway Road Productions, the Israeli studio behind popular Netflix series “Fauda” and the upcoming feature film “Siege of Bethlehem,” continuing a media industry buying binge, Blackstone said on Tuesday. Terms were not publicly disclosed. One Read more

Business

Recent Posts

  • Kidderminster keen to stun Reading and show TV snub is wrong call
  • Research could help veterans transition to civilian life
  • Tesla sold a record 70,847 China-made vehicles in Dec
  • Google says Apple ‘should not benefit from bullying’ created by iMessage lock-in
  • Seemingly innocent house on sale for £590k with strip club hidden in the basement

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