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Latest news

Investors will be compensated

The world's most famous stock exchange has malfunctioned. This caused rapid fluctuations in share prices and left traders in shock. They are demanding the losses incurred as a result of the incident back. These can run into millions of dollars.

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Xpeng will compete with Tesla in Europe

Automaker Xpeng Inc is a Chinese company that designs, develops, manufactures and sells smart electric vehicles. In the Chinese market, Xpeng's target group is the mid-range and high-end segment.

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Toyota is the world's best-selling car company again

The well-known Japanese carmaker has successfully maintained the top spot in sales of its products for the third year in a row. Total sales, including subsidiaries Hino Motors and Daihatsu, reached 10.5 million vehicles. This is down 0.1% from last year, with international sales reaching a record 8.6 million. Domestic sales fell 9.6% to 1.9 million vehicles.

 

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China helped to swiss watchmaker

In a statement released Tuesday, Swatch Group expressed optimism about the Chinese market's recovery from the COVID-19 fallout and the return of Chinese tourists abroad. Its eponymous mass-market plastic watches have already outperformed January 2022's sales levels in China, the manufacturer of luxury Omega, Tissot, and Longines timepieces said. New have been reported also at Twitter.

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Siemens to supply trains to India

Advanced technology and high train durability is what not only India but also other countries need today in terms of train services. German engineering company Siemens seems to be able to meet these requirements as it has recently signed a major contract to supply and service freight trains in India worth €3 billion. This is the most significant or the most valuable delivery in the company's operating history.

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Pay cut for Apple CEO

Criticism from groups such as Institutional Shareholder Services over the previous pay package for CEO Tim Cook has become an issue for the iconic brand. The BBC also reported the news on its Twitter account.

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.97% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.