Going on a boating trip soon? Here are some hilarious scenarios you may encounterLast week, it was announced the UAE would be joining India in the ranks of the BRICS trade bloc.Increased analysts' estimates since Nvidia's strong quarterly report last week have left the world's most valuable chipmaker trading at its lowest forward earnings multiple in eight months.
At that price, Nvidia shares are trading at the equivalent of around 33 times expected earnings over the next 12 months, according to Refinitiv data. -- China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Didi Sells Smart Car Arm to China’s Xpeng for $744 MillionDidi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world’s largest electric vehicle market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
China's Xpeng to take over Didi's autonomus vehicle unit, eyeing 2024 launchHONG KONG (Reuters) - China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
Xpeng Soars After Buying Didi Unit to Consolidate Market(Bloomberg) -- Xpeng Inc.’s shares soared after it agreed to buy Didi Global Inc.’s smart-car development arm in a deal that both eliminates a potential competitor in the crowded electric-vehicle market and gives it a tech-savvy partner in a new venture. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Vinfast rallies on after becoming world’s third-most valuable automakerVietnamese electric-vehicle maker extends a rally from last week that more than quadrupled its market value to $160-billion
Source: globeandmail - 🏆 5. / 92 Read more »