According to people familiar with the matter, Argo AI, a self driving start-up invested by Ford and Volkswagen , is cooperating with investment banks to prepare for the listing, which may be carried out as soon as this year. The company’s valuation is expected to exceed $7 billion.The five-year-old companyContinue Reading
The latest survey found that nearly 60% of American youth plan to use their savings during the epidemic period to buy houses. This will undoubtedly further bubble risk for the overheated American real estate market.A recent survey of more than 1200 millennials (born between 1982 and 2000) and generation ZContinue Reading
According to CNBC, the Federal Aviation Administration (FAA) said that a Boeing 737 cargo plane made a forced landing near the coast of Honolulu on Friday local time when the pilot reported engine problems and all crew members were finally rescued. It should be noted that the freighter does notContinue Reading
The Gates Foundation announced on Wednesday that it will spend $2.1 billion over the next five years to promote global gender equality.The news came weeks after the foundation’s co chairmen, Melinda Gates and Bill Gates, announced their divorce. At the same time, government officials from all over the world areContinue Reading
Brazil’s central bank announced an interest rate increase of 75 basis points on the evening of 16 local time, raising the country’s benchmark interest rate from the current 3.5% to 4.25%. This is the third consecutive interest rate increase by the Central Bank of Brazil this year, which is inContinue Reading
According to bnamerica, Peru’s mining production is showing a strong recovery.Data from Peru’s Ministry of energy and mines show that compared with the same period last year, which was seriously affected by the epidemic, the country’s copper production increased by 10%, silver by 25%, lead by 15% and molybdenum byContinue Reading
On Friday, crude oil futures closed at their highest level in two years. WTI futures for July delivery on the New York Mercantile Exchange rose 81 cents, or 1.2%, to $69.62 a barrel. Last week, WTI crude oil rose 5%; Brent crude oil futures in London, the benchmark of globalContinue Reading
Yellen, the US Treasury Secretary, said that the recent upward trend in prices will fade, while the US labor market has improved, but it still has a long way to go before it reaches the level of COVID-19. Speaking at a news conference in London after the G7 finance ministers’Continue Reading
On June 30, local time, the European Commission issued a notice saying that the EU established a European Defense Fund of 1.2 billion euros (9.36 billion yuan), which will reward 26 new defense industry cooperation projects, with a total value of 158million euros. Two other major capacity enhancement projects receivedContinue Reading
On Monday, during electronic trading in Asia, international crude oil futures fell, falling from their highs in several years, as investors waited for the outcome of negotiations on Iran’s nuclear agreement, which would increase crude oil supply. as of 23.18 CET, the global benchmark Brent crude oil for August fellContinue Reading
