The post China is ‘leaps and bounds ahead’ in robotics, experts says appeared first on Invezz
Sportswear giant Nike reported a sharp drop in second-quarter profit on Friday, overshadowing better-than-expected revenue and earnings and sending its shares down more than 10% in premarket trading, as investors focused on mounting pressure from China and higher costs.The company posted revenue of $12.43 billion for the quarter ended November…
UK-based OXCCU is advancing a game-changing one-step power-to-liquids (PtL) process that could dramatically lower the cost of sustainable aviation fuel (SAF) and accelerate aviation’s path to net-zero, CEO and co-founder Andrew Symes tells Invezz.In this exclusive Invezz interview, Symes – an Oxford University chemistry graduate with deep experience in climate…
Gold prices eased and remained flat on Friday due to a stronger dollar against a basket of major currencies.Meanwhile, silver climbed more than 1% on robust industrial demand, with prices outperforming gold comfortably.Oil prices ticked up on Friday on concerns over lower supply from Venezuela. But prices are set for…
Europe enters the new year grappling with uneven fiscal realities and rising geopolitical strain.Britain shows tentative progress in reining in borrowing as inflation cools, while France remains mired in political gridlock that is worsening an already fragile budget outlook.Further east, Ukraine secures critical debt relief to protect its post-war recovery,…
The Ibovespa rose on Friday morning, December 19, boosted by advances in blue-chip companies and evidence of foreign capital inflows, despite lingering budgetary worries.The benchmark Brazilian stock index began at 157,928.31 points with no change, momentarily falling 0.01% to 157,906.06 points before gaining traction.By 11 a.m., the index had risen…
Global markets closed the week with a mix of policy shocks, earnings fallout, and renewed risk appetite.Japan’s central bank delivered its boldest rate hike in decades, signaling a historic shift away from ultra-easy money.US stocks steadied as tech rebounded despite Nike’s sharp tumble, while regulators cleared a surprise Nvidia-Intel deal.In…
US President Donald Trump announced deals with nine major pharmaceutical companies on Friday to lower US drug prices in exchange for three-year exemptions from threatened tariffs on pharmaceutical imports.The agreements bring the total number of drugmakers aligned with Trump’s pricing initiative to 14 of the 17 companies the administration targeted…
When a single airline carries nearly two-thirds of India’s domestic passengers and two apps handle more than four out of every five UPI transactions, market dominance is no longer an abstract policy; it becomes a monthly line item on your bill.India’s economy has quietly consolidated into oligopolies across essential services.IndiGo’s…
Consumers planning to buy a new PC or smartphone next year may face higher prices, and the reason is increasingly clear: soaring memory costs driven by artificial intelligence demand. Micron Technology’s latest financial results offer a window into how the AI boom is reshaping the global memory market — with…