Business

GE sees rise in industrial orders, lifting shares

Shares of General Electric rose early Tuesday as it scored increased orders in aviation and other key divisions while reporting a smaller loss compared with the year-ago period.

Automotive

China's auto sales up 27% in 2021, but hurt by chip shortage

China's auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and production and sales fell in June due to global shortages of processor chips, an industry group reported ...

Business

Nokia back in black in first quarter thanks to 5G

Finnish telecoms giant Nokia said Thursday that it returned to profit in the first quarter, boosted by stronger-than-expected demand for 5G products, but it kept its cautious outlook for 2021.

Business

Netflix's big 4Q lifts video service above 200M subscribers

Netflix's video streaming service has surpassed 200 million subscribers for the first time as its expanding line-up of TV series and movies continues to captivate people stuck at home during the ongoing battle against the ...

Business

Boeing sees more cancelled orders as MAX nears return

Boeing said Tuesday it was hit with another 12 cancelled orders for the 737 MAX, as the flagship aircraft is close to returning to the skies after being grounded since March 2019 following two deadly crashes.

Business

Why is the ECB eyeing a 'digital euro'?

The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.

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Cash

In common language cash refers to money in the physical form of currency, such as banknotes and coins.

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

This text uses material from Wikipedia, licensed under CC BY-SA