Tesla shares soared 14% on Monday due to speculation that they will be added to the S&P 500. However, the shares reverted to red briefly in the afternoon on a wild day of trading before reverting to green before that the market closed. Tesla shares near $ 1,800 on S&P …
Read More »A deep look at the dynamics of Chinese airlines
The Chinese aviation industry has grown at an impressive rate in recent years. Driven by the abolition of the minimum fare and high economic growth, the number of passengers has skyrocketed. These factors have created an opportunity for new players to enter the market. With depressed air travel in most …
Read More »Fast food, farm and airport workers to attack on Monday over racial injustice, union says
Clay County Sheriff Darryl Daniels discusses the protests and riots in Portland, Oregon and across the country, and how local leaders are responding. The International Service Employees Union says tens of thousands of workers across the United States will participate in “Strike for Black Lives” on Monday and leave their …
Read More »Xpeng raises $ 500 million even when consumers in China’s electric vehicle market
(Bloomberg) – Electric vehicle maker Xpeng Motors raised around $ 500 million from a group of risky investors, showing that Chinese startups with promising car models can attract funds even when industry sales drop. Investors in the C + Series financing round include Aspex Management, Sequoia Capital China, Hillhouse Capital …
Read More »United Arab Emirates has successfully launched the first Mars mission in the Arab world
The Hope probe took off from the Tanegashima Space Center in Japan, after a delay last week due to bad weather. The solid rocket was successfully separated from the launch vehicle, and the probe has established two-way communication with the ground segment in Dubai. The Al Amal probe, as it …
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