FAW Trucks South Africa to upgrade Coega truck plant with R200m investment

FAW Trucks South Africa to upgrade Coega truck plant with R200m investment

The Coega Development Corporation recently announced a substantial R200 million investment by FAW Trucks South Africa, contributing to the province’s automotive sector growth. The Chinese-owned truck company’s investment will further strengthen the Eastern Cape as a strategic hub for automotive manufacturing. FAW Vehicle Manufacturers SA (PTY) Ltd was established in 1994 and is now a … Read more

Amazon Music follows Spotify’s lead and offers free monthly audiobooks

Amazon Music follows Spotify’s lead and offers free monthly audiobooks

Amazon.com is offering subscribers to its premium music service one audiobook a month for freefollowing an offer that Spotify Technology, the largest audio streaming service, began offering its customers last year. “This is the evolution of Amazon Music Unlimited,” said Steve Boom, Amazon’s vice president of audio, Twitch and gaming, in an interview. The new … Read more

“The capital market is going through an increasingly smaller vicious circle”

“The capital market is going through an increasingly smaller vicious circle”

Table of Contents 0.1 How is the capital market in the country? 0.2 What are the main challenges and opportunities? 0.3 What do you think of the superfinancial position regarding the merger? 0.4 How are they in terms of profits so far this year? 0.5 Do you have any new releases or new alliances? 1 … Read more

ByteDance, parent of TikTok, is valued at over US$300 billion, says WSJ

ByteDance, parent of TikTok, is valued at over US0 billion, says WSJ

TikTok‘s parent company, ByteDance Ltd., is being valued at about $300 billion, one of the highest valuations in the Chinese tech company’s history, even as it struggles to maintain the presence of its popular social media application in the US, the Wall Street Journal reported on Saturday. The valuation came in a recent buyback offer … Read more

Oppo and Xiaomi, among the players of curved cell phones in the markets

Oppo and Xiaomi, among the players of curved cell phones in the markets

Cell phones have evolved rapidly since their invention. At first they were only for phone calls, but now they even have functions with artificial intelligence. Among the new models are those with a curved screen. In Colombia, for example, several brands such as Xiaomi, Vivo, Honor, Oppo, Samsung, Google or Motolora have cell phones that … Read more

The Volkswagen ID. Buzz GTX appears in the latest Sony Pictures film of the Venom trilogy on PortalAutomotriz.com

The Volkswagen ID. Buzz GTX appears in the latest Sony Pictures film of the Venom trilogy on PortalAutomotriz.com

The Volkswagen ID. Buzz, descendant of the legendary VW Bus, returns to the North American market. Just in time for its launch, it’s also making a name for itself in Hollywood: the Volkswagen ID. Buzz GTX will appear in Sony Pictures’ “Venom: The Last Dance.” A strong and dynamic duo, the new ID. Buzz GTX … Read more

Apple confirms Mac event for next week, with M4 models planned

Apple confirms Mac event for next week, with M4 models planned

Apple Inc. is planning a week of announcements related to the Mac computer line, marketing executive Greg Joswiak said in a social media post.indicating that highly anticipated models with the new M4 chip are on the way. “Mac, mark your calendars. We have an exciting week of announcements ahead, starting Monday morning. Stay tuned…” he … Read more

The dollar closed above $4,300 and was at the highest price of the entire year

The dollar closed above ,300 and was at the highest price of the entire year

The dollar closed the day higher, as investors prepare for a turbulent presidential race and the Federal Reserve’s upcoming rate decision. At the local level, Congress is discussing a proposal that could potentially increase the national debt. The currency closed on Thursday higher at $4,311.93, placing $18.02 above the Representative Market Rate, which was at … Read more

The Credit Pact should be noted in the GDP

The Credit Pact should be noted in the GDP

What has happened between the banks and the National Government is an example of how the country should function when efforts are combined for the good of the economy. The President of the Republic started a fight, very much in his style of defiance, with the financial system, through a public policy strategy called forced … Read more

Spain, blood and sand

Spain, blood and sand

Spain had the luck of Velázquez, of Zurbarán, of Murillo, of Goya, of Picasso. It is a country of brilliant Christ painters and rijosado bullfighters, of meninas and lap priests, donjuanes and matchmakers, and also of accounting ambitions. Warm land of poets, like Bécquer, the Machado, Cernuda or Hierro, and of wars made to fictionalize … Read more