In Europe, Daikin expects heat pump sales to double
Daikin, the Japanese manufacturer, has set ambitious sales targets of JPY4,550 billion ($32.5 billion) for 2025, driven by growing demand for heat pumps in Europe and a booming air conditioning…
Why Apple’s VR headset may be successful when other comparable products have failed
Apple is expected to announce its first new major product line since the Apple Watch in 2014 during its software-focused developer conference, WWDC. Speculation suggests that Apple could unveil its…
Singapore surpasses Hong Kong to become the most expensive city in the Asia-Pacific for single-family residences
According to a report by the Urban Land Institute (ULI) Asia Pacific Centre for Housing, Singapore's private homes have surpassed Hong Kong's as the most expensive in the Asia-Pacific region.…
Stocks Moving the Most after Hours Include Ambarella, Box, HP, and others
After the closing bell on Tuesday, the stock market witnessed notable movements in extended trading: Ambarella: The chip stock experienced a significant 12% decline after providing second-quarter revenue guidance that…
According to Insiders, Musk is anticipated to visit China this week and meet with officials
Elon Musk's upcoming visit to China signals the significance of the country as Tesla's second-largest market and underscores the importance of the company's Shanghai plant, its largest production hub. Musk…
Major Central Banks are Expected to Pause Rate Hikes Soon
The expectation of interest rate cuts by major central banks towards the end of 2023 is being reconsidered due to factors such as sticky core inflation, tight labor markets, and…
Elon Musk’s brain implant company Neuralink announces FDA approval of in-human clinical study
Neuralink, the neurotech startup co-founded by Elon Musk, has achieved a significant milestone by receiving approval from the Food and Drug Administration (FDA) for its first in-human clinical study. This…
IEA: 2023 fossil fuel investment will surpass $1 trillion, “more than double” net-zero levels
The International Energy Agency (IEA) has projected that global investment in energy will reach approximately $2.8 trillion in 2023, with over $1.7 trillion of that dedicated to clean energy technologies…
Rieder believes U.S. economy is “much better” than doomsayers suggest
Rick Rieder, the bond chief of BlackRock, holds an optimistic view of the U.S. economy, seeing several positive indicators. Rieder points to resilient government, corporate, and consumer spending, along with…
After the First Republic merger, JPMorgan Chase boosts its revenue forecast to $84 billion
JPMorgan Chase has raised its net interest income target to $84 billion for this year, reflecting increased confidence in its performance following the government-brokered takeover of First Republic. The new…