Tesla’s market value exceeds one trillion and Musk brings double wealth surge

Tesla’s market value exceeds one trillion and Musk brings double wealth surge

The market value of Tesla’s TSLA.O soared to more than $1 trillion on Monday, which is a double wealth for the electric car maker’s largest shareholder and CEO Elon Musk. It is reported that Tesla received the largest order ever from the car rental company Hertz, and the stock price rose 12.7%. According to Refinitiv’s data, as Tesla’s share…

Facebook invests billions of dollars to develop meta-universe technology as advertising business slows

Facebook invests billions of dollars to develop meta-universe technology as advertising business slows

Facebook Inc said on Monday that it will begin publishing financial data for its virtual and augmented reality divisions; this is when its main advertising business is facing “significant uncertainty.” Facebook warned that Apple’s new privacy rules will put pressure on its digital business this quarter. Previously, the social media company’s quarterly revenue was lower than…

SHANGHAI ELECTRIC RANKS 51ST ON ENR’S 2021 TOP 250 INTERNATIONAL CONTRACTORS LIST

SHANGHAI ELECTRIC RANKS 51ST ON ENR’S 2021 TOP 250 INTERNATIONAL CONTRACTORS LIST

Shanghai Electric (601727.SS and 02727.HK) announced the Company has been ranked 51st on the 2021 Top 250 International Contractors list published by Engineering News-Record (ENR), a world-renowned publication for engineering and construction news and analysis. With a total of 22 overseas projects, Shanghai Electric saw the biggest jump in rankings among its Chinese peers this…