Infomarket

News

Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

Apple unplugs self-driving electric car project, reports say

Apple unplugs self-driving electric car project, reports say

Apple has reportedly cancelled its plans to build electric vehicles (EV) a decade after the iPhone maker was rumoured to be working on the project.
The firm has never publicly acknowledged the project, which involves around two thousand people.
Many employees from the project will be moved to the iPhone maker's artificial intelligence (AI) division, according to Bloomberg News.
Apple did not immediately respond to a BBC request for a comment.
The Apple car team was reportedly known as the Special Projects Group as part of its chief executive Tim Cook's Project Titan.
As it spent billions of dollars on research and development, the company was initially rumoured to be working on a fully autonomous vehicle without a steering wheel and pedals.
The team was understood to still be years away from producing a vehicle.
"This is a smart and long awaited decision," Ray Wang, founder and chief executive of Silicon Valley-based consultancy Constellation Research told the BBC.
"The market demand for EVs is not there and AI is where all the action is," he added.
Apple has been exploring other opportunities beyond the iPhone and computers, including its recently launched Vision Pro virtual reality headset.
Research firm Counterpoint highlighted that the decision came as the market for AI in consumer electronics is growing sharply.
"Preliminary data suggests shipments of generative AI smartphones will exceed 100 million units in 2024," said its senior analyst, Ivan Lam.
Counterpoint predicts that number could hit more than 500 million by 2027.
Demand for EVs has slowed in recent month as borrowing costs remain high, which has made the market increasingly competitive as major players try to win over customers.
In recent months, US motor industry giants Ford and General Motors have postponed plans to expand EV production.
Last week, electric truck maker Rivian announced it would cut its workforce by 10% and said it did not expect any growth in its production this year.
In January, Tesla warned that its sales growth would be weaker this year than in 2023.
The company, which is led by multi-billionaire Elon Musk, has been cutting prices in key markets around the world, including Europe and China, as it faces tough competition from Chinese rivals such as BYD.
Mr Musk responded on the social media platform X, formerly known as Twitter, to a report that the Apple project was being wound down with emojis of a salute and a cigarette.

Bbc.com