stefankot

Delivering the Best News to you!

Why is Toyota being sued by supplier Nippon Steel?

Japan’s Nippon Steel Corp is suing customer Toyota Motor Corp (7203.T) to stop it manufacturing and selling vehicles that contain specialised steel made by rival supplier Baoshan Iron & Steel

Read More

Britain fines Facebook $70 mln for breaching order in Giphy deal

Britain’s competition regulator has fined Facebook (FB.O) 50.5 million pounds ($69.6 million) for breaching an order imposed during its investigation into the U.S. social media giant’s purchase of GIF platform

Read More

Micron considering new U.S. memory chip factory as it gears up spending

Micron Technology Inc (MU.O) said on Wednesday it is considering building a new memory factory in the United States but that state and federal subsidies will be needed to offset

Read More

Riding the crypto rollercoaster: Bitcoin nears record high

Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first U.S. bitcoin futures exchange-traded fund that investors think could make the

Read More

Wage dispute deepens at German public banks as inflation fears persist

A labour dispute at Germany’s public-sector banks deepened on Wednesday after a third round of talks failed to reach agreement, with inflation fears prompting unions to stand firm over demands

Read More

Swiss court rejects Google appeal over cloud contract

A Swiss court has dismissed Google’s (GOOGL.O) bid to block the award of a government cloud computing contract worth up to 110 million Swiss francs ($119 million) to rival bidders.

Read More

Burberry’s new CEO Akeroyd returns to British roots

British fashion house Burberry (BRBY.L) named Jonathan Akeroyd as its new chief executive officer from next April, poaching the boss of Milan-based Gianni Versace and former Alexander McQueen head to

Read More