Peres Daily Staff

Chip Supply Still Flutters, Poses Quagmire Among Tech And Auto Giants

The global shortage of semiconductor chips is lasting more than expected. The crisis which was significantly exacerbated by the Covid-19…

4 years ago

China’s Industrial Profits Soar In Q1, Restrictions Persist In Major Cities

Chinese industrial profits grew in the first quarter despite COVID-19-related headwinds that cuffed major cities in the country.  Data released…

4 years ago

World Military Expenditure At All-Time High, Hits Over $2 Trillion For First Time

The global military expenditure has reached an all-time high, surpassing $2 trillion in 2021, according to a report published by…

4 years ago

Fort Worth, Texas Becomes First City Government To Mine Bitcoin In A Pilot Program

On Tuesday, the council of Fort Worth unanimously approved a small-scale program to mine bitcoin in a new pilot program…

4 years ago

Canadians Are Spending 30% More Than Pre-Covid: New Report

According to a new report, Canadians spend 30 percent more than they did before the COVID-19 pandemic which started over…

4 years ago

2021 Canadian venture capital Disbursements Hit $13.58b, US Investors Behind The Rise

In a recent report published by PitchBook, a financial data and software company, venture capital investment in Canadian startups surpassed…

4 years ago

Taiwan’s Biggest Offshore Wind Farm Generates First Power, Project Expected To Meet The Needs Of 1 Million Households In Taiwan

Danish offshore wind developer Orsted has successfully generated the first power from the Greater Changhua offshore wind project in Taiwan.…

4 years ago

China’s Zero-Tolerance Covid-19 Policy Hits Shanghai, Country’s Q1 GDP Soars

Despite Omicron Variant’s less lethal nature, China has continued imposing stricter measures to combat the virus from spreading. These curbs,…

4 years ago

Intel To Ramp Up Chip Production With The Expanded R&D Factory In Oregon

Monday marked the day of a grand ribbon-cutting ceremony for Intel as the company opened its latest expansion of the…

4 years ago

Volvo Cars’ March Sales Fall 22%, Hit By ‘Lack Of A Specific Type Of Semi-Conductor’

Volvo Cars recorded 58,677 sales in March down from 75,315 in the same month last year representing a 22% decline…

4 years ago