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22/07/2025
General Motors fell 4.2% in pre-market trading, Q2 performance below expectations.
Latest
3 m ago
Source: Apple may gain EU antitrust approval for App Store fees and rules. The EU's approval of Apple's adjustments to its app store could help the company avoid daily fines. The EU is expected to make a decision in the coming weeks, but the timing is subject to change.
3 m ago
After Germany provided 104 million euros to Vulcan Energy for clean lithium production, Stefan Runehof, Secretary of the Ministry of Economic Affairs of Germany, emphasized: "In the current situation of escalating geopolitical risks, we must step up our efforts... to open up alternative sources of raw materials for the domestic economy."
5 m ago
Mingcheng Company's MSCI Nordic Countries Index edged up by less than 0.01%, closing at 349.94 points, with the Nordic healthcare sector leading the gains. Novo Nordisk rose by 3.2%, outperforming other constituent stocks.
5 m ago
German startup Vulcan Energy announced that its first large industrial plant will start production at the end of 2026, with an annual output of 24,000 tons of lithium hydroxide. Vulcan has invested a total of 690 million euros in the project. The company will build a lithium chloride extraction facility in Landau, Rhineland-Palatinate, and convert it into lithium battery key material lithium hydroxide at a factory near Frankfurt. The company stated that the funds will be disbursed over 36 months starting from October 1st. The German Ministry of Economics pointed out that Rhineland-Palatinate and Hesse will each provide approximately 30% of the matching funds.
5 m ago
Research from the Fraunhofer IEG Institute and the Federal Institute for Geosciences and Natural Resources in Germany shows that the country's lithium reserves are sufficient to meet domestic demand for the next several decades.
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