Tokyo Stocks Surge as Nvidia Boosts Semiconductor Sector; Yen Hits 38-Year Low

Tokyo stocks surged on Wednesday, driven by a rally in US tech stocks, particularly NVIDIA. The Nikkei 225 rose by 1.26%, while the yen hit its lowest level in 38 years against the dollar.

Business

Paris Stock Exchange Surges Amid National Rally Gains: What Investors Need to Know

2024-07-01T06:59:02.708Z

The Paris Stock Exchange is set to open sharply higher following the first round of legislative elections. With the National Rally gaining significant ground, investors are closely watching market reactions and the bond spread between France and Germany.

2024/6/25

Business

European Commission Targets Microsoft and Apple for Competition Violations

2024-06-25T17:07:18.977Z

The European Commission is investigating Microsoft and Apple for potential competition violations. Microsoft faces scrutiny over its Teams integration, while Apple's App Store rules are under fire. Both companies could face hefty fines.

Business

Lufthansa Imposes Environmental Surcharges on European Flights to Meet Climate Goals

2024-06-25T15:26:52.932Z

Lufthansa will impose environmental surcharges ranging from 1 to 72 euros on European flights starting January 1, 2025, to cover the rising costs of regulatory climate protection requirements. Learn how this impacts ticket prices and the airline's strategy.

Business

Tragic Factory Fire Exposes Urgent Need for Certified Lithium Battery Fire Extinguishers

2024-06-25T12:37:07.355Z

A deadly factory fire in Hwaseong, South Korea, caused by exploding lithium batteries, has highlighted the urgent need for certified fire extinguishers and better safety measures. The incident resulted in 22 deaths, mostly migrant workers.

Business

McKinsey Study: 24% of German Electric Car Owners Regret Purchase, China Proposes Tariff Cuts to Aid German Auto Industry

2024-06-25T03:27:48.987Z

A McKinsey study reveals that 24% of German electric car owners regret their purchase, citing high costs and inadequate charging infrastructure. Meanwhile, China proposes tariff cuts to benefit German luxury car manufacturers amid looming EU tariffs on Chinese electric vehicles.

Business

Boeing Faces Potential Criminal Charges Over 737 Max, Threatening Financial Stability

2024-06-25T02:16:56.317Z

US prosecutors recommend criminal charges against Boeing over 737 Max safety issues, threatening the company's financial stability and reputation. The decision is expected by July 7.