Latest news

Asian markets began to be hit by a rapid decline in shares of Chinese developer - China Evergrande Group. The company found itself in huge debts and currently the Hang Seng index has also started to fall to a 52-week low.

According to Xiao Yaqing, Minister of Industry and Information Technology, China has too many companies producing electric vehicles. For this reason, the government has decided to support the consolidation of EV companies.

Amazon is revolutionizing shopping. It is automatic cash register technology. The latest will be presented in two Whole Foods stores. In this way, the grab-and-go system will be tested in large supermarkets. The store is scheduled to open in 2022, one in Washington and the other in California. The technology was provided an apt name "Just Walk Out" and will allow the customer to skip using the classic cash register. The system will work based on the application that the buyer scans when entering the store, cameras and sensors will monitor which items the buyer chooses and set them fees on exit. Amazon will also implement a payment system enhancement by scanning the hand named Amazon One.

A major German index is facing a big change. The German index of the Frankfurt Stock Exchange DAX (Deutscher Aktienindex) will include other titles in its repertoire during September.

The European Union plans to ban flights from the US to the EU unless necessary. The coronavirus has begun to gain momentum again, mainly due to the rapidly spreading Delta mutation, which is reaching new highs.