Japan’s Additional Budget Receives Clearance in Lower House

On Friday, Japan passed an extra budget worth around 13.1 trillion yen ($88 billion) aimed at helping households cope with the rising cost of living and corporations boost domestic investment, even amid concerns over the country’s worsening finances. The budget will issue about 8.9 trillion yen in new bonds to…

Read More

Moderna Sees Up to $8 Billion in 2023 COVID Vaccine Sales

Moderna Inc on Thursday raised its annual forecast for Covid-19 vaccine sales to $8 billion, citing expectations of a boost in the fall season as the company’s new updated shots move to a private market from government contracts. The company’s shares rose 6% in premarket trading, the highest since May.…

Read More

Elon Musk Challenges Mark Zuckerberg to a Cage Match

Tech billionaires Elon Musk and Mark Zuckerberg will wrestle in the cage. The Tesla and SpaceX chief and the Facebook owner have been trading jabs over their social media platforms. It’s now all but guaranteed a matchup after Musk challenged Zuckerberg to a fight on Twitter. A cage match between…

Read More

Oracle Considers More Investment in Israel

Oracle Corp (ORCL.N) CEO Safra Katz discussed a possible expansion of the company’s investment activity in Israel during a meeting on Tuesday with Prime Minister Benjamin Netanyahu, his office said. The statement from Netanyahu’s office added that he and Katz also discussed opportunities arising from artificial intelligence. The Israeli-born Katz,…

Read More

Qualcomm Is On The Rise After Daily And Weekly Key Reversals

The stock’s recent earnings report has some investors wondering what’s next for the chipmaker. Earnings are a critical measure for determining the price of a company’s shares, and it’s been found that a company’s share price often correlates to trends in its earnings estimates. As a result, it’s essential to…

Read More

MG Gloster Blackstorm Launched in India

MG Motor India has launched the MG Gloster Blackstorm in the Indian market. This edition model comes in black with red accents on the exterior and is priced at Rs 40.30 lakh (ex-showroom). The company says that this particular variant is inspired by the rugged looks of the SUV, which…

Read More

Elon Musk Says Twitter Is More Productive After Job Cuts

The billionaire, Tesla and SpaceX owner suggests that big tech companies have too much headcount and could make significant cuts without hurting productivity. During an interview at The Wall Street Journal CEO Council, Musk cited the example of Twitter after he took over the social media site last year and…

Read More