Peres Daily Staff

Xpeng Among Other Chinese Auto Startups See A Delivery Spike In Q1 Despite Headwinds

Amid a grapple with different headwinds such as a spike in the cost of raw materials and Covid-19 reinvigoration, Chinese…

4 years ago

China’s Biggest Messaging App WeChat Shuts Down NFT Accounts

WeChat, a Chinese messaging app owned by Tencent, on Wednesday suspended some accounts associated with the trading of non-fungible tokens…

4 years ago

Vietnam’s VinFast Signs Preliminary Deal To Invest $2B In North Carolina EV Plant

Vietnam's new automaker VinFast, under Vingroup, said on Tuesday it will invest $2 billion in building its first US factory…

4 years ago

US Signs Deal With The UK to End Steel And Aluminum Tariffs

The two nations reached an agreement on Tuesday after a meeting between Gina Raimondo, US commerce secretary and Anne-Marie Trevelyan,…

4 years ago

Russia And Ukraine Are Powerhouses In The Global Trade Of Food And Agricultural Products, Implications Posed By The Crisis

Prior to the ongoing Russia-Ukraine crisis, global food prices had reached an all-time high stemming from a wide array of…

4 years ago

Russian Oil Ban By EU Heightens, Some Members Of The Bloc Spurn

As Russia’s strikes on Ukraine seem incessant, the EU is retaliating by joining other countries (notably the US) for the…

4 years ago

Berkshire Hathaway To Acquire Alleghany Corporation For $11.6 Billion

Berkshire Hathaway and Alleghany Corporation, on March 21, 2022, entered into a definitive agreement for which Berkshire is set to…

4 years ago

Aramco Hits $110 Billion In Profit, A 124% Increase Compared To 2020

Saudi’s Aramco 2021 full-year profits hit a new record as the company registered a 124% increase to $110 billion compared…

4 years ago

Telegram Ban In Brazil Forthcoming, CEO Asks Court To Delay Ruling

Brazilian Supreme Court Justice Alexandre de Moraes, on Friday, sought the help of tech giants Apple and Google to block…

4 years ago

Google To Acquire Cybersecurity Firm Mandiant, Marking Google’s Second-Biggest Acquisition

Mandiant, Inc announced that it had entered into an agreement to be acquired by Google LLC  in an all-cash transaction…

4 years ago