News

Note: This section contains information in English only.
Wed, 12 May 2021 08:00:06 GMT

Samsung eyes appliances boom to last longer

Samsung electronics is expecting a pandemic-caused boom in sales of home appliance extending its run to the rest of the current year due to prolonged travel and other coronavirus-related restrictions.

Wed, 12 May 2021 06:43:28 GMT

YouTube to pay $100M for Shorts tool promotion

Alphabet YouTube is set to launch a $100M fund for content creators for making top videos on the company's new short-form video tool Shorts, as it seeks to lure more influencers.

Wed, 12 May 2021 06:21:12 GMT

GBP reacts to GDP data

On Wednesday, at 06:00 GMT, the UK Preliminary GDP data was released. The results came in at -1.5% instead of the market forecast -1.6%. Due to this reason, the value of the British Pound adjusted to the upside.

Wed, 12 May 2021 05:00:07 GMT

Airbus sets for 18% output increase

According to sources with knowledge of the matter, Airbus has told suppliers to plan for an 18% hike in A320 production in 2022.

Wed, 12 May 2021 04:00:06 GMT

Dell's CEO comments on chip shortage

On Tuesday, the Chief Executive Officer of Dell Technologies Michael Dell said that the shortage of semiconductor is likely to last for a few years.

Wed, 12 May 2021 03:00:07 GMT

US gasoline supplies tighten

On Tuesday, gasoline supplies in some parts of the United States tightened further, as the shutdown of the Colonial Pipeline entered the fifth day.

Wed, 12 May 2021 01:21:08 GMT

Wall Street's main indexes edge lower

US stocks edged lower on Tuesday. The Dow Jones Industrial Average fell by 259.99 points or 0.75%, the S&P 500 declined by 0.72%, while the Nasdaq Composite lost 88.84 points or 0.66%.

Tue, 11 May 2021 20:00:07 GMT

L Brands to spin off VS

L Brands announced its plans to spin off Victoria's Secret business into a standalone company, as it would give more value to shareholders compared to a sale.

Tue, 11 May 2021 19:00:06 GMT

Palantir starts accepting bitcoin

The US analytics company Palantir Technologies Inc announced that it started accepting payment from customers in bitcoin and was also viewing investing in cryptocurrencies.

Tue, 11 May 2021 18:00:07 GMT

EBay allows to sell NFT on platform

Ebay Inc announced its decision to allow the sale of NFT for digital collectables like images, video clips or trading cards on its platform.

Tue, 11 May 2021 17:16:58 GMT

Biden to visit Ford's EV factory in Michigan

The US President Joe Biden is expected to visit a Ford Motor electric car production facility in Michigan on Tuesday next week after he supported a $174B government boost for EVs and charging stations.

Tue, 11 May 2021 16:00:07 GMT

Renault, Nissan in talks over savings

The Japanese carmaker Nissan and its French alliance partner Renault have entered talks over more collaboration to improve their savings that could be derived from the same battery tech usage.

Tue, 11 May 2021 15:00:08 GMT

Tesla halts plans for Shanghai land

Tesla, the US electric automaker, halted its plans for purchasing land in China for the Shanghai plant expansion and turning it into an international export hub due to severe US-China tensions.

Tue, 11 May 2021 14:00:10 GMT

Takeda considers doubling Moderna shots

On Tuesday, Takeda Pharmaceutical said it was considering doubling Moderna's COVID-19 vaccine imports in its efforts to aid Japan to accelerate the inoculation in the country.

Tue, 11 May 2021 12:46:37 GMT

Airbus prepares for 18% production hike

Europe's Airbus has told its top suppliers to prepare for an 18% surge in the production of its A320-family jetliner in 2022, as carriers seek to return to normal travel.

Tue, 11 May 2021 11:42:47 GMT

Google Pay rolls out global money transfers

Alphabet's Google has introduced international money transfers with the remittances companies Western Union and Wise to its US payment app's users, according to the statement made on Tuesday.

Tue, 11 May 2021 11:35:38 GMT

Nasdaq futures drop over 1%

On Tuesday, the Nasdaq futures plunged more than 1%, pointing to continuing losses for technology stocks with high valuations on inflation worries

Tue, 11 May 2021 10:28:27 GMT

Stock prices decline

On Tuesday, stock market indices around the world declined, as a previously started sell off continued.

Tue, 11 May 2021 09:00:09 GMT

Innovusion attracts $64M in funding

Innovusion, the Lidar sensor maker, has raised $64M in its latest funding to boost production to supply the Chinese EV maker Nio's ET7 sedan that is set to be launched for deliveries in 2022.

Tue, 11 May 2021 08:00:09 GMT

Foxconn's iPhone output drops in India

Apple's iPhone 12 production at the Foxconn's Indian factory plunged by over 50% due to the COVID-19 cases resurgence in the country, according to Reuters.

Tue, 11 May 2021 06:54:08 GMT

Dell CEO eyes chip shortage to persist

Dell Technologies' founder and CEO Michael Dell sees the semiconductor chip shortage lasting a few years more, he told the Handelsblatt newspaper on Tuesday.

Tue, 11 May 2021 06:33:00 GMT

Gordon Murray Group to build electric cars

On Tuesday, the Gordon Murray Group announced it is planning a £300M expansion during the following five years, including the development of electric vans and SUVs for carmakers, shifting its focus to all-electric supercars.

Tue, 11 May 2021 05:00:09 GMT

Hackers comment on pipeline hack

On Monday, the hacker group that crippled the US fuel pipeline system revealed that it was after a cash buyout instead of creating mayhem.

Tue, 11 May 2021 04:00:08 GMT

US government comments on Tesla crash

The US National Transportation Safety Board revealed on Monday that the Tesla autopilot was not at fault at a recent car crash in Texas.

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