China’s BYD H1 profit triples as deliveries break record
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China’s BYD H1 profit triples as deliveries break record

[1/2]Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. REUTERS/Nick Carey/File Photo Acquire Licensing RightsBEIJING, Aug 28 (Reuters) – China’s BYD Co Ltd (002594.SZ), on Monday said first-half profit… […]

US fines American Airlines for keeping passengers on tarmac
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US fines American Airlines for keeping passengers on tarmac

American airlines jets sit at gates at Washington’s Reagan National airport in Washington, U.S. April 29, 2020. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsAug 28 (Reuters) – The United States Transportation Department (USDOT) on Monday fined American Airlines (AAL.O) $4.1 million for unlawfully keeping thousands of passengers on the tarmac for hours, the largest-ever penalty for… […]

Meet Tomi: The Project Fighting to Democratize Blockchain & Web3
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Meet Tomi: The Project Fighting to Democratize Blockchain & Web3

Tomi is a Web3 company focused on developing solutions to help make the vision of Web3 a reality.The core team became interested in the idea of launching a project for Web3 after they saw how the government was affecting the neutrality of the internet by confiscating private property, allowing data silos to operate freely, and… […]

The Merge: Ethereum Is Now A Proof-of-Stake Network, What’s Next?
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The Merge: Ethereum Is Now A Proof-of-Stake Network, What’s Next?

Ethereum’s history-making moment: The Merge was successfully deployed.After years of delays, the Ethereum network finally closed the chapter of the Proof-of-Work consensus mechanism and built its Proof-of-Stake empire.The Merge – the high-anticipated upgrade – was successfully deployed on the blockchain on Sept. 15 at 06:42:42 UTC at block 15,537,393.Party Time!Unlike most updates, the activation of… […]

Credit Suisse posted $4 billion loss in 2Q, Sonntagszeitung reports
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Credit Suisse posted $4 billion loss in 2Q, Sonntagszeitung reports

UBS Group and Credit Suisse logos are seen in this illustration taken March 18, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsBERLIN, Aug 27 (Reuters) – Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report… […]

China’s Sinopec’s interim profit down 20.1% on lower oil prices
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China’s Sinopec’s interim profit down 20.1% on lower oil prices

The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing RightsInterim earnings of $4.82 bln, down 20% yr/yrH1 fuel sales up 18.5% yr/yrPlans steady H2 refinery throughput at 127 mln TH2 capex seen up… […]