Business_LLI(LatLongInfo)

Business 04/26/2024

How Big Oil is coping with the end of the 'age of gasoline'

The pace of The Times continues to move forward, affecting the development of various fields around the world. There is also a grim reality for the oil industry, which after a century of growth has seen oil companies rake in trillions of dollars in revenue. Now the gasoline era is coming to an end after reaching its peak. As an important barometer of the global economy, how the oil industry responds to the impact of the end of the post-gasoline era will determine the future course of the world economy.

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Business 04/25/2024

Boeing faces' tough times'

On April 24, ABC reported that Boeing's first-quarter revenue decline resulted in a loss of $355 million. Boeing CEO Peter Calhoun said it was another sign of the crisis facing Boeing and that the company was in a "tough time."

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Business 04/25/2024

Why is Europe strongly opposed to excessive tourism?

As the peak summer tourism season in Europe approaches, tourist hotspots are feeling increasing pressure, and the problem now is not just disruptive behavior.

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Business 04/24/2024

The global electric vehicle industry is developing well

On April 23, the International Energy Agency released an outlook report, saying that the global demand for electric vehicles will maintain a strong growth momentum in the next decade, and is expected to reach 17 million sales in 2024, accounting for more than 20% of the total global car sales.

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Business 04/22/2024

Looking at the Economic Environment of the United States from the Collapse of 99 Cent Stores

Recently, American discount retailer 99 cent store filed for bankruptcy protection. According to previous reports, this retailer with approximately 14000 employees announced that it will close all 371 stores and gradually end all operations.

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Business 04/22/2024

The Future of European Electric Vehicles Worries

Automobile manufacturers such as Volkswagen and Stellantis are facing the challenge of weak demand, especially in the electric vehicle market. According to reports, in March of this year, sales of passenger cars in Europe decreased by 2.8%, marking the largest decline since July 2022 and the first decline this year.

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Business 04/22/2024

Us Treasury Secretary Janet Yellen talks on 'overcapacity' after China

Recently, US Treasury Secretary Janet Yellen, who just ended her visit to China, once again mentioned China's "overcapacity" in an interview with CNN, and vowed that "we will not give up any possible countermeasures."

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Business 04/21/2024

Israel strikes Iran on the international oil market impact?

On April 19, the news of Israel's attack on Iran made global assets "nervous", and the continued tension in the Middle East made US stock futures plunge, Nasdaq 100 index futures fell more than 2%, S&P 500 index futures fell 1.5%, and Dow futures fell more than 1%. At the same time, the crude oil market has not been spared, oil prices have shown signs of soaring today, Brent crude oil above $90 / barrel, up 3.7%, WTI crude oil once rose 4%.

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Business 04/18/2024

How long can Tesla survive more than 10% of global layoffs?

According to media reports, electric car maker Tesla sent an email to all employees on Monday, announcing that the global layoffs of more than 10 percent, about 14,000 employees, in some positions the reduction is closer to 20 percent.

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Business 04/17/2024

What does the decline in Apple phone sales indicate?

According to the latest report released by International Data Corporation (IDC), in the first quarter of 2024, under the strong impact of Chinese rivals Xiaomi and Transsion Holdings, Apple's global smartphone shipments suffered a heavy blow, with a year-on-year sharp drop of nearly 10%, losing its top spot in smartphone shipments. Samsung regained its dominant position in the global smartphone market, and its market share rebounded to over 20%.

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Business

How Big Oil is coping with the end of the 'age of gasoline'

Boeing faces' tough times'

Why is Europe strongly opposed to excessive tourism?

The global electric vehicle industry is developing well

Looking at the Economic Environment of the United States from the Collapse of 99 Cent Stores

The Future of European Electric Vehicles Worries

Us Treasury Secretary Janet Yellen talks on 'overcapacity' after China

Israel strikes Iran on the international oil market impact?

How long can Tesla survive more than 10% of global layoffs?

What does the decline in Apple phone sales indicate?

Trump hints at "strong retaliation" against Iran: a high-stakes brinkmanship of using force to push for talks and the risk of losing control

The United States has imposed a maximum 12.5% tariff on 60 trading partners, which will come into effect on July 24th

Washington undergoes another "shock", and American politics is trapped in a deadlock loop

The United States has spent a total of 37.5 billion dollars on the war against Iran so far

Trump: For the first two years, there will be no tariffs on imported generic drugs. Subsequently, the tariffs will gradually increase to 200%

The United States has announced the imposition of a 50% tariff on a portion of Canadian products

China's trade volume reached a new high in the first half of the year. The AI-related industries were the main driving force behind this

Restructured Sino U.S. AI Chip Competition: Nvidia’s Monopoly Collapses as Domestic Computing Chips Achieve a Leap Frog Development

Pfizer executives: China surpasses Europe and becomes a significant force in drug innovation and research and development

The US plans to ban Chinese companies from holding stakes in domestic car manufacturers and this could affect Mercedes-Benz

A New Turning Point in the Technological Landscape: A New Era of US-China Scientific Research Competition

The heat wave and the situation in the Black Sea have pushed agricultural and food prices to a three-year high.

Business tax for pubs and other venues in the UK will be reduced by 20% from 2027

UK steel industry faces "forced seizures," EU intensifies restrictive measures, and Sino-EU trade tensions are on the rise

The British government has launched a plan to reduce living costs, with the aim of cutting energy bills

The new prime minister of the UK has formed the cabinet. The former defense minister has taken up the position of finance minister

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