Google discontinued the services of its Translate application for China, putting an end to one of the remaining US tech operations in the world’s largest internet-using region. According to reports of Chinese users, the services web page now shows a photo of a generic search bar that redirects to Google’s Hong Kong translation, which is …
Google Shut Down Translation App in China amid Tension Read More »
On Tuesday, the South Korean tech firm Naver Corporation purchased the US apparel resale platform Poshmark for $1.60 billion. This move is a strategic investment to enter the American eCommerce market. The acquisition is projected to end in the first quarter of next year as Naver would acquire all of the issued and outstanding shares …
Arabica coffee faced this week in the red territory, hitting a two-month low, as Brazil’s crops were blessed with beneficial rains. On Monday, the December futures plummeted by 1.20% to $2.09950 per pound, touching their lowest level since early August at $2.08500. Likewise, it declined by 2.71% to $215.55 per metric ton. The commodity was …
Arabica coffee hit a two-month low amid Brazil’s wet weather Read More »
Chinese tech giant Tencent Holdings Ltd. is reportedly changing its strategy on mergers and acquisitions (M&A) by taking an aggressive approach towards investing in overseas gaming companies, as it relies on global expansion to cope with sluggish growth at home. Four sources familiar with the matter stated that the company is now aggressively aiming to …
Tencent Seeks Majority Stakes in Overseas Gaming Firms Read More »
China Petroleum & Chemical Corp. announced on Monday its plans to pull out its American Depository Shares (ADSs) from the London Stock Exchange (LSE), becoming the latest state-owned firm to cut back ADS activities amid the current audit dispute between the US and China. More widely known as Sinopec, the world’s biggest oil refiner by …
Sinopec Plans to Delist ADSs from London by November Read More »
On Sunday, OPEC+ is anticipated to consider cutting crude oil production by over a million barrels a day at its upcoming meeting next week. On October 05, the Organization of Petroleum Exporting Countries and allies will meet in person in Vienna for the first time since March 2020, when the Covid-19 outbreak broke out. The …
OPEC+ to cut crude oil output at October meeting Read More »
With concerns about a potential economic slowdown and global recession, it’s important to ensure that your money grows as much as possible. Professional investors understand that holding different assets can help create a long-term strategy that can fight off inflation. High returns are not a hundred percent certain in the markets. But having a long-term …
6 Essential Things in Investing for the Long Term Read More »
German sports carmaker Porsche AG had a shaky start after Volkswagen listed the company at a €75-billion ($72-billion) valuation in one of Europe’s largest initial public offerings (IPOs). Porsche AG’s stock ended its first session at €82.50 ($80.74) to trade back to its indicated range after hitting a peak of €86.76. That pushed its value …
Porsche AG Shares Ended Flat After Frankfurt Debut Read More »
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