Key Points: OMX Copenhagen 20 reached a new all-time high, closing up by 0.54%. ISS A/S, Genmab, and AP Moeller - Maersk A/S B were among the top-performing stocks. Vestas Wind Systems A/S, GN Store Nord, and Coloplast A/S faced...
Key Points: The U.S. government allocates $1.5 billion to GlobalFoundries to expand semiconductor production as part of efforts to fortify domestic supply chains. GlobalFoundries will build a new semiconductor production facility in Malta, and expand existing operations in Malta and Burlington. The grant will be complemented by $1.6 billion in available loans, fostering an overall potential investment of $12.5 billion...
Key Points: TikTok faces scrutiny over potential risks associated with its platform design and content governance practices. Penalties for confirmed breaches of the DSA rules could reach up to 6% of TikTok's global annual turnover. The investigation follows TikTok's previous inquiries and operational adjustments in response to regulatory concerns. TikTok pledges cooperation with the investigation while emphasizing its commitment to...
Key Points: Xpeng plans to hire 4,000 new employees and invest heavily in AI technology for intelligent driving systems. The company will launch around 30 new or upgraded vehicle models over the next three years. Despite challenges and intense competition, Xpeng's deliveries have shown signs of improvement. CEO He Xiaopeng acknowledges the competitive landscape but expresses confidence in Xpeng's capabilities...
Key Points: Japan's Nikkei 225 index experienced a slight decline, driven by losses in certain sectors. The Nikkei Volatility Index...
Key Points: Mitsubishi Corporation plans to acquire a stake of over 30% in TVS Mobility, marking its entry into the...
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