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 fund an economic package featuring temporary cuts to income tax,…
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 MoreForeign holdings of U.S. Treasuries rose in July, data from the Treasury Department showed on Monday. China holdings plunged for the second month, but the country still held the most U.S. debt among all foreign countries, as shown in the visualization below. The circles represent the monetary value of treasury…
Read MoreModerna 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 MoreTech 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 MoreOracle 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 MoreThe 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 MoreMG 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 MoreIntroduction: In an exciting development for Ireland’s research community, Prof Philip Nolan has been appointed to lead a newly established research funding agency. With his distinguished career in academia and extensive experience in research, Prof Nolan is poised to play a pivotal role in shaping the future of Irish research…
Read MoreThe 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 MoreFord Motor Company has announced two key deals that will secure the supply of critical minerals for its electric vehicle (EV) batteries. The agreements will not only ensure a steady supply of these minerals but will also help Ford in its mission to become carbon neutral by 2050. The automaker…
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