News

Note: This section contains information in English only.
Tue, 24 Sep 2024 21:30:05 GMT

Indonesian trade beats expectations

Data for August has revealed that Indonesian trade surplus reached a three-month-high level in August. The data passed market expectations.

Tue, 24 Sep 2024 18:30:09 GMT

J&J renews the cancer related trial

Johnson & Johnson has managed to convince an Oregon judge to overturn the verdict that mandated the firm to pay out $260 million to 62,000 consumer claims that the firm's products were contaminated with asbestos.

Tue, 24 Sep 2024 15:30:05 GMT

Amazon forces workers back info office

The retail giant Amazon has mandated its office workers to work five days in a week at the office, starting from 2025. Namely, the firm is getting rid of remote work.

Tue, 24 Sep 2024 12:30:15 GMT

UAW sues Stellantis

The US United Auto Workers union has filed charges against the United States car brand owner Stellantis. UAW claims that the firm has been ignoring the agreement between the union and the firm that was made in autumn of 2023.

Tue, 24 Sep 2024 09:30:05 GMT

Scania sticks to Northvolt

Despite issues at the Swedish producer of truck batteries Northvolt, Scania has revealed that it will stick to the supplier and postpone the previously planned increased production of battery-electric trucks.

Tue, 24 Sep 2024 06:55:05 GMT

Intel receives $3 billion from US government

The US Presidential Administration has granted Intel Corporation $3 billion for the development of a Secure Enclave for microelectronics. In general, the term covers a wide array of weapon system components.

Tue, 24 Sep 2024 03:30:09 GMT

VR and AR headset demand grows

The research firm IDC has revealed that it expects the demand for virtual and artificial reality headsets to grow from 6.7 million per year to 22.9 million in 2028.

Mon, 23 Sep 2024 21:30:04 GMT

Ryanair expects less Boeing planes

The CEO of Ryanair Michael O'Leary has stated that the ongoing Boeing strike might decrease the number of new received aeroplanes in the next summer from 25 down to 20.

Mon, 23 Sep 2024 18:30:04 GMT

Chinese new home prices decline

In August, new home prices in China have declined at the fastest pace in nine years. The data indicates that stimulus measures failed to create a recovery of the real estate sector.

Mon, 23 Sep 2024 15:30:04 GMT

DVS buys Schenker

The Danish logistics giant DVS has revealed that it would buy the Deutsche Bahn's logistic subsidiary Schenker for a total of 14.3 billion Euro. The deal is set to make DVS the world's largest logistics firm.

Mon, 23 Sep 2024 12:30:04 GMT

Ford restarts production in India

After a two-year stop in production, Ford has revealed plans to restart production in India, Tamil Nadu. However, the firm is not revealing when the factory would start work or what it would produce.

Mon, 23 Sep 2024 09:30:08 GMT

Seven & I received important clasification

The retail shop firm Seven & I Holdings has been classified by the Japanese government as core to the country's national security. The firm previously received a $38.5 billion buyout offer from a Canadian firm. The offer was rejected.

Mon, 23 Sep 2024 06:30:04 GMT

Taiwan comments on F-16 deliveries

The government of Taiwan has commented that it expects to receive the new F-16V jets from Lockheed Martin by the end of 2024.

Mon, 23 Sep 2024 03:30:10 GMT

Deutsche Bank lifts S&P 500 target

The German lender Deutsche Bank has increased the bank's expectations for the S&P 500 index. Bank's analysts expect the index to end the year at 5,750.00 instead of previously forecast 5,500.00.

Fri, 20 Sep 2024 21:30:04 GMT

Amazon increases investment in DSP

The retail giant Amazon has announced that it would increase pay-outs in the Delivery Service Partners programme by a total of $2.1 billion. Namely, Amazon intends to pay more to its partner delivery firms that employ the brand's drivers.

Fri, 20 Sep 2024 18:30:04 GMT

Kroger raises 2024 expectations

The grocery firm, Kroger, has reduced its lower end annual sales forecasts. The firm has increased the minimum expected income due to a successful low price campaign.

Fri, 20 Sep 2024 15:30:04 GMT

McDonalds extends $5 meal

Once again, McDonalds has extended the $5 promotion of its value meal deal. The offer has been extended into December in most US restaurants.

Fri, 20 Sep 2024 12:30:05 GMT

Siemens invests in new plant

Reports have been coming in that Siemens will build a new high speed train production factory in upstate New York. The products of the firm will be used to construct high speed train infrastructure between LA and Las Vegas.

Fri, 20 Sep 2024 09:30:05 GMT

Auto producers change strategy

As demand for electric vehicles has continued to decline and competition from China has increased, auto producers have reduced their plans for electrification. The market firm Rho Motion has revealed that EV and hybrid sales in 2024 have grown below expectations.

Fri, 20 Sep 2024 06:30:05 GMT

US holiday sales slow down

Deloitte has published a report that indicates that holiday season sales in the United States are set to increase at the slowest pace since 2018.

Fri, 20 Sep 2024 04:17:42 GMT

Bank of Japan hints at rate hike

The Japanese monetary policymakers have kept the base interest rate for the Yen unchanged at 0.25%. However, the bank's statement has revealed that consumption in the country has been rising, which indicates that the bank might raise rates in the future.

Fri, 20 Sep 2024 03:30:04 GMT

Trump's plans might increase shipping costs

The Chief Analyst of the shipping price platform Xeneta Peter Sand has commented that the Trump's proposed import tariff hikes are bound to increase shipping costs and subsequently cause inflation.

Thu, 19 Sep 2024 21:30:04 GMT

MasterCard acquires Recorded Future

MasterCard has bought the threat analysis firm Recorded Future from Insight Partners for a total of $2.65 billion.

Thu, 19 Sep 2024 18:30:04 GMT

EU rejects Chinese EV restrictions

The European Union has rejected an offer made by Chinese EV exporters. The offer included a minimum price system that was aimed at avoiding tariffs. Namely, the firms offered to increase prices without paying tariffs to the EU government.

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