#AsahiKasei plans to spend about 200 #billion #yen ($1.3 billion) to build a battery component factory in #Canada, the #Nikkei newspaper said on Wednesday. The plant is being built primarily to supply #Honda (NYSE:#HMC) Motor’s electric vehicle production in Canada, the newspaper said. ($1 = 154.8000 yen) .#everyday_information #forex #option #Binary_Option #trading #trader #goldstocks #forextrader […]

Achieving her career ambitions in #Spain has proved remarkably easy for #SaraHernandez, a systems architect from Venezuela who found her skills were in hot demand when she arrived in #Madrid. #Spain may have #Europe’s highest unemployment rate but moving to Madrid in 2021 after seven years in Chile, where she worked in less qualified positions

#HongKong shares of SenseTime (HK:#0020) rose sharply on Wednesday after the #Chineseunicorn released an updated #model of its in-house generative AI model #SenseNova.  #SenseTime Group Inc (HK:#80020) shares rose as much as 36%, and were trading up 28% at HK$0.73 by 22:25 ET (02:25 GMT). The gain dwarfed an over 1% rise in the #HangSeng index. Sensetime

#Tesla said on Tuesday it would introduce “new models” by early 2025 using its current platforms and production lines as it retreated from more ambitious plans to produce an all-new model that had been expected to cost $25,000. The talk of new offerings on a faster timeline sent Tesla (NASDAQ:#TSLA) shares soaring in after-hours trading,

#Asianstocksrose sharply on Wednesday led by tech #stocks as #investors’ focus shifts to earnings from #usa tech bellwethers this week, while the yen remained mired near 34-year lows, keeping traders wary of intervention from #Japanese authorities. An after-hours surge in shares of EV maker #Tesla (NASDAQ:#TSLA) following its promise of new models, and upbeat earnings

#DavidEllison, 41, would not be the first #rich guy to arrive in Hollywood with a fat bank account and dreams of making movies, though the son of billionaire Oracle (NYSE:ORCL) founder Larry Ellison boasts the rarest of attributes for a budding media mogul: a Silicon Valley pedigree. In an industry where many get their start

#Norway’s sovereign wealth fund has backed #UBS’ plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them from a wipeout, and also signed off on #UBSCEO #SergioErmotti’s pay package. The vote from the Norwegian fund, UBS’ second-largest shareholder, at the bank’s annual general meeting this

#Frenchluxury #group #Kering (EPA:#PRTP) expects a 40% to 45% plunge in first-half operating profit, it said on Tuesday, after first-quarter sales declined as wealthy shoppers curbed spending on products from its star label Gucci. Sales for the three months ending in March stood at 4.5 billion euros ($4.82 #billion), down 10% on a comparable basis.

#Transak, a Web3 #payments processor, has achieved a notable milestone on its path to an initial public offering (#IPO) by reaching profitability,  The Web3 company announced its first-ever #quarterlyprofit, coinciding with surpassing $1 #billion in lifetime gross transaction volume (GTV) for the quarter ending March 31, 2024. The company sees this achievement of #EBITDA positivity

#Analysts at #JPMorgan believe it is too soon to rotate out of artificial intelligence #stocks, #despite the recent concerns. Shares of tech companies dipped recently due to concerns around the potential air pocket in the AI infrastructure build out. As a result, there was a steep sell off for AI #levered companies in JPMorgan’s #coverage.