Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
06:50
Porsche Faces Painful Electric Transition, Plans Major Layoffs and Streamlined Structure for Self-Rescue
Golden Ten Data reported on March 11 that Porsche expects its sales to remain under pressure this year. The luxury car manufacturer is working to address tariff challenges and is revising its costly electric vehicle strategy. Porsche anticipates that its annual revenue will decline slightly, with a maximum of 36 billion euros (approximately $41.9 billions). Last year, U.S. tariffs and about 2.4 billion euros in expenditures related to the electric vehicle strategy transition severely impacted performance. The company previously stated that after last year's downturn, it expects conditions to improve by 2026. On Wednesday, Porsche announced that to achieve this goal, it will reduce management levels and structure, and decrease investments in the long term. The manufacturer is developing models and derivatives positioned above its two-door sports cars and Cayenne SUV to boost profit margins. The company plans to cut about 3,900 jobs by the end of 2030, including 2,000 temporary workers.
06:47
Amid the Middle East crisis, South Korea will accelerate the restart of nuclear reactors
Golden Ten Data March 11 - According to foreign media reports, South Korea will accelerate the restart of nuclear reactors to ensure energy security in response to the ongoing war in the Middle East. The Ministry of Climate, Energy and Environment of South Korea issued a statement after an emergency meeting on Wednesday, stating that South Korea will seek to start two nuclear reactor units this month and another four units by mid-May. If the supply of liquefied natural gas is affected, the government will also consider operating coal-fired power plants flexibly; currently, coal-fired power plants operate on weekdays with limited hours to reduce pollution. The ministry stated that if high oil prices persist or liquefied natural gas imports are blocked, South Korea's electricity market will inevitably be affected.
06:44
Infographic: Warren Buffett's Wealth Curve Chart
格隆汇 March 11|Buffett's wealth curve is not simply an accumulation of assets, but the result of time, patience, and layered risk management. As he has repeatedly emphasized, the "margin of safety" is the core reason why his wealth curve never breaks.
News