• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 22nd - According to foreign media analysis, Nvidia has played a key role in driving the stock market to record highs for years. However, with growing skepticism about artificial intelligence, Wall Street is increasingly worried that the chip giants earnings report next week, regardless of the outcome, will depress its stock price. Nvidias stock price has been trading sideways for months, a significant setback for a company that was recently a leading index performer and achieved triple-digit year-over-year gains. Investors expect Nvidias earnings next week to exceed Wall Street expectations and raise forecasts for the next few quarters. But this may not be enough to boost the stock price. Meanwhile, if Nvidias performance fails to quell investor anxiety about artificial intelligence, it could lead to greater volatility in AI-related stocks and the broader market.February 22 - Libyas state-owned Arabian Gulf Oil Company (AGOCO) announced on Sunday that the Sinawan oil field in the Nalut region of western Libya has resumed production. The field had been shut down for over three years due to financial and technical problems. Under normal operating conditions, the field can produce up to 20,000 barrels of oil per day.February 22 – According to AXIOS, a senior U.S. official said on Sunday that if U.S. negotiators receive a detailed nuclear agreement proposal from Iran within the next 48 hours, they are prepared to hold a new round of talks with Iran in Geneva on Friday. The U.S. official stated that the current diplomatic efforts may be the last chance President Trump is giving Iran before launching a large-scale U.S.-Israel joint military operation (potentially targeting Iranian Supreme Leader Khamenei). The senior U.S. official indicated that the Trump administration is awaiting Irans proposal.U.S. Trade Representative Greer: We will continue the trade investigation so that we can impose tariffs.U.S. Trade Representative Greer: We will explore policy continuity issues after the tariffs imposed under Section 122 expire.

Significant Damage to Oreo Manufacturer Mondelez's Ukrainian Cookie Business

Haiden Holmes

Apr 01, 2022 09:59

O2.png


According to the firm, no personnel were hurt in the incident, to the best of their knowledge. Mondelez claimed in an emailed statement that the Oreo facility – one of at least two Mondelez facilities in Ukraine, according to workers – was shuttered immediately after the war started. Russia invaded Ukraine more than a month ago in what the Kremlin describes as a "special operation."


This week, the US determined that Ukrainian troops had recaptured Trostyanets from Russia.


Mondelez, which manufactures Milka chocolate and other regionally branded biscuits across Europe, claimed it has been difficult to contact all of its workers due to telecommunications failures in the Trostyanets area. Additionally, the corporation is collaborating with Ukrainian authorities to replenish the region with water and electricity, as well as contributing wheat and sugar to non-governmental groups.


Mondelez said it is too early to determine the plant's next course of action.


Confronted with pressure to leave Russia in March, the Chicago-based snack company announced it would curtail "non-essential activity" in the country while assisting in the maintenance of food supplies. In a message posted on the company's website, CEO Dirk Van de Put criticized the assault and urged an end to the war.


The corporation has come under fire for its decision to continue operating in Russia.