Unit 1 of the UAE’s Barakah plant – the Arab world’s first nuclear power plant – is connected to the national power grid, in a historic moment, enabling it to supply clean electricity to millions of inhabitants and help the country’s confidence reduce oil-rich fossil fuels. “This is a major …
Read More »Lowe’s (LOW) Q2 2020 income top estimates
Buyers wearing protective masks are waiting in line on Wednesday, May 20, 2020 at a Lowe’s Cos. Store in San Bruno, California, USA. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday blew past Wall Street forecasts with a 30% increase in revenue and a 68.7% jump in …
Read More »Target (TGT) Q2 2020 revenue omitted estimates
Target on Wednesday blew up any forecast on Wall Street for its fiscal second quarter as it drew millions of new customers online, setting a record for sales from the same store that boosted profits by a staggering 80.3% to $ 1.7 billion. Sales online and to stores that have …
Read More »Trump supports Oracle’s bid to buy TikTok from ByteDance in the US
US President Donald Trump speaks before signing a trade agreement between the US and China on January 15, 2020, at a ceremony in the East Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images President Donald Trump said that US enterprise software giant Oracle …
Read More »Exclusive: GM bet on electric Cadillacs and micro vans to return China’s slide
SHANGHAI (Reuters) – General Motors (GM.N) renews its Chinese line-up with a greater emphasis on electric cars and smart-drive technology to put a slump in sales after more than two decades of growth in a country that contributes nearly a fifth of its profits. PHILO PHOTO: A new GM Cadillac …
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