August 29 2022 🕓 2 min
Honda to build $4.4 billion battery factory in the US
Honda will not build the new lithium-ion battery factory alone. It will work with the Korean company LG Energy Solution.
Tag: US
Audio article August 24 2022 🕓 2 min
USA has become the largest exporter of LNG
This was helped by record supplies to Europe and Asia due to energy shortages. But the biggest problem is pipeline capacity.
August 12 2022 🕓 2 min
Chinese companies are leaving the US stock market
Some of China's biggest companies are exiting the US stock market. The problem is audits and the current situation.
August 9 2022 🕓 2 min
Micron announces big investment of $40 billion
Micron Technology is set to expand its semiconductor production in a major way and create up to 40,000 new jobs.
August 8 2022 🕓 3 min
US Senate passes large social and climate package
President Joe Biden said the package would make a major cut in greenhouse gas emissions and reduce drug prices for the seniors.
August 7 2022 🕓 2 min
Berkshire Hathaway reported a loss of $43.8 billion
The company was mainly affected by the situation on the stock markets. However, despite this, the company posted a positive operating profit.
August 5 2022 🕓 2 min
Allianz’s net profit down 23% in the Q2
This was partly due to a restructuring charge of around €140 million to wind down part of its US business, which has been linked to fraud.
August 4 2022 🕓 2 min
Venezuela’s oil export drops by almost 30%
Compared to June, Venezuela's exports fell by almost 30% in July. This is mainly due to power outages and lack of investment.
August 3 2022 🕓 2 min
CATL will not invest in the US for now
CATL postpones investment in US battery production. This is due to the deteriorating situation between the US and China.
August 3 2022 🕓 2 min
Uber achieves positive free cash flow
US company Uber Technologies achieved positive free cash flow in the second quarter. This was the first time in its history.
August 1 2022 🕓 2 min
Pfizer increased quarterly net profit by 78%
Pfizer reported big increases in Q2 earnings and nearly all key metrics almost entirely due to its Covid vaccine and antiviral pill.
July 29 2022 🕓 2 min
Amazon had a good quarter
Amazon has shown an increase in sales in the last quarter and expects a positive development in the future, which pleased investors.