Record-Breaking Year: Toyota Group’s Global Sales Soar in 2023

In 2023, Toyota Motor Group achieved a remarkable milestone by setting a new record for global sales, signaling a strong recovery from the challenges posed by the Covid-19 pandemic and chip shortages in previous years. The Japanese automaker disclosed on Tuesday that its worldwide sales, inclusive of subsidiaries Daihatsu Motor and Hino Motors, experienced a… Continue reading Record-Breaking Year: Toyota Group’s Global Sales Soar in 2023

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Markets Begin the Week with Caution Amidst a Packed Schedule: Stocks Update

Stocks commenced the week with caution as various events unfolded, influencing global markets. Brent and West Texas Intermediate crude oil prices experienced intraday highs not seen since November but retraced later. The US reported an incident where three service members were killed by Iranian-backed militants, prompting President Joe Biden to promise retaliation. Oil prices had… Continue reading Markets Begin the Week with Caution Amidst a Packed Schedule: Stocks Update

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Intel Faces Sharp Decline as Bleak Outlook and Weak PC Chip Demand Take Toll

Intel faced a significant setback with a nearly 12% drop in its stock value following a disappointing first-quarter revenue forecast. The chipmaker is grappling with challenges in traditional computing markets, particularly in the PC and laptop processing chip segment, which has been a cornerstone of Intel’s business. The company is witnessing a slowdown in sales… Continue reading Intel Faces Sharp Decline as Bleak Outlook and Weak PC Chip Demand Take Toll

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FAA Approves Boeing 737 MAX 9 Jetliners for Resumption of Flights

The Federal Aviation Administration (FAA) has given Boeing the green light to resume flights for its 737 MAX 9 jets. The move follows a detailed inspection and maintenance process mandated by the FAA for Boeing’s 171 grounded 737-9 MAX aircraft, ensuring their eligibility to return to service. United and Alaska airlines have both announced their… Continue reading FAA Approves Boeing 737 MAX 9 Jetliners for Resumption of Flights

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Walgreens Slashes Dividend to Fund Investments in Stores, Specialty Pharmacy

Walgreens Boots Alliance has disclosed plans to slash its dividend by 48% in a strategic move aimed at fortifying its financial standing and enabling investments in key operational facets, including store enhancements and specialty pharmacy. The drugstore giant reported a narrower quarterly loss for the first quarter ending November 30, 2023. The figures revealed a… Continue reading Walgreens Slashes Dividend to Fund Investments in Stores, Specialty Pharmacy

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