Nissan and Honda, Japan’s second and third largest automakers, have announced a strategic partnership to develop a next-generation software platform for electric vehicles (EVs). The collaboration aims to enhance their competitiveness in the rapidly growing …
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T-Mobile Exceeds Subscriber Expectations, Raises Full-Year Forecast
T-Mobile US has announced an impressive second quarter, exceeding subscriber expectations and raising its full-year forecast. The company attributed its success to the strong demand for its discounted unlimited plans that include streaming perks. These …
Continue readingGarmin Beats Revenue Estimates, But Shares Fall on Outdoor Segment Weakness
Garmin announced strong second-quarter earnings, exceeding revenue estimates and raising its full-year forecast. This positive performance was fueled by robust growth in the fitness and auto segments. Demand for wearables, particularly advanced cycling computers like …
Continue readingBrazil’s Jobless Rate Hits Decade Low, Reaching 6.9% in June Q2 2024
Brazil’s unemployment rate has reached its lowest level in a decade, dropping to 6.9% in the second quarter of June 2024. This marks a significant decline from the 7.9% recorded in the first quarter, driven …
Continue readingUkraine Suspends Foreign Debt Payments, Approaching Sovereign Default
Ukraine has taken a significant step towards a sovereign default by suspending foreign debt payments until October 1st. President Volodymyr Zelenskiy signed a law enabling this move, following a preliminary deal with its main bondholders …
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