Alibaba (BABY) posted strong growth in sales and revenue Thursday morning that exceeded Wall Street forecasts. Total revenue was up nearly 35% from a year ago and the company also posted solid increases in total and mobile users. The stock fell about 1% during early trading on Thursday, but it …
Read More »Germany, Spain record highest daily cases since April
Citizens walk near the pedestrian zone in Guetersloh, western Germany. Ina Fassbender | AFP | Getty Images Germany and Spain have both recorded their highest respective daily rates of coronavirus infections since April, with other countries in the region also reporting a sharp rise in new cases. Several European countries …
Read More »ID.4: Volkswagen begins production of its first all-electric SUV
Volkswagen announced on Thursday that production of the ID.4 compact SUV has begun at its factory in Zwickau, which has been rebuilt at a cost of € 1.2 billion (1.4 billion) to produce 300,000 electric cars a year. produce. The ID.4 could help Volkswagen compete Tesla (TSLA), which already offers …
Read More »Anxiety grows as China’s Three Three Gorges Dam hits top level | World news
Extreme levels of flood danger were announced in China’s Three Gorges Dam, which recorded the largest flood of water in its history, prompting officials to reassure the public that it would not be damaged. Inflows into the world’s largest hydroelectric dam reach 75m liters of water per second, according to …
Read More »COVID-19 has the potential to be as deadly as the 1918 flu
The COVID-19 pandemic has the potential to become more deadly than the 1918 flu pandemic, a new study suggests. Remembered as the deadliest pandemic in recent history, the 1918 flu pandemic infected one third of the world’s population and killed at least 50 million people, 675,000 of them in the …
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