Business - Page 170

The U.S. Commerce Department has unveiled its selection of 31 regional technology hubs, out of a pool of 370 applicants, marking these areas as eligible to receive $500 million in federal funding.

Dutch health technology firm Philips (PHG.AS) saw a 4% drop in its shares on Monday, despite posting robust quarterly earnings and an upgraded 2023 outlook, as concerns persisted over declining new orders.

The surge in demand for appetite-suppressing anti-obesity medications like Novo Nordisk’s Wegovy is generating opportunities for food manufacturers, despite initial concerns in the market. When Walmart recently reported a slight decline in

TotalEnergies, the prominent French energy company, has recently unveiled a strategic partnership with Corio Generation and Rise Light & Power, marking a significant step in the joint development of a cutting-edge wind

Volkswagen (VOWG_p.DE) experienced a notable setback on Monday as its shares plummeted by more than 3%, marking their lowest point since April 2020. This sharp decline came in response to the German

The soaring demand for Novo Nordisk’s Ozempic and similar weight-loss drugs is giving rise to a global epidemic of counterfeit versions, as reported by interviews with law enforcement, anti-counterfeiting experts, and public

Saudi Arabia is actively exploring the possibility of acquiring 54 Rafale fighter jets from the renowned French aerospace company, Dassault Aviation, as reported in the Sunday edition of the esteemed French newspaper,

The United States’ efforts to restrict the export of advanced artificial intelligence (AI) chips to China may create opportunities for Huawei Technologies to expand in its $7 billion domestic market, as analysts

In fiscal year 2023, the U.S. government faced a daunting financial challenge, as it recorded a staggering budget deficit of $1.695 trillion. This alarming figure represented a substantial 23% increase from the

Investors rushed to embrace a leveraged exchange-traded fund (ETF) with a bullish outlook on Tesla (TSLA.O) as the electric vehicle giant’s stock stumbled in the wake of disappointing earnings results. The Direxion