News

Note: This section contains information in English only.
Sun, 25 Apr 2021 13:45:03 GMT

Volkswagen warns about shortages

On Sunday, Volkswagen announced that the company's output had worsened due to the global chip shortage.

Sun, 25 Apr 2021 13:00:06 GMT

Aeromexico to buy Boeing planes

Grupo Aeromexico announced on Friday plans to acquire 24 commercial planes from Boeing for nearly $2B.

Sun, 25 Apr 2021 12:00:07 GMT

Samsung considers building plant in Texas

According to sources familiar with the matter, Samsung unit might invest $673M in solar power plant construction in the state of Texas.

Sun, 25 Apr 2021 11:00:07 GMT

Citigroup appoints new head to its bank

According to an internal memo, Tasnim Ghiawadwala was appointed by Citigroup as the new leader of its Commercial Bank.

Sun, 25 Apr 2021 09:50:53 GMT

ByteDance denies IPO rumours

Chinese ByteDance stated on Sunday that it did not have plans to make an initial public offering in nearest future.

Sun, 25 Apr 2021 09:36:31 GMT

VW complains to chip shortage

According to the Financial Times, Volkswagen said to its managers to be prepared for a serious production decrease because of the ongoing chips shortage.

Sun, 25 Apr 2021 08:31:26 GMT

Bitcoin trades near 50,000.00

During Sunday's trading hours, the price for Bitcoin fluctuated near the 50,000.00 mark.

Sun, 25 Apr 2021 07:31:29 GMT

US helps India with coronavirus

As India hit new record in coronavirus cases and deaths, the United States announced that they would help the country.

Sun, 25 Apr 2021 06:25:46 GMT

EU blames China for endangering peace

On Saturday, EU officials stated that China is endangering peace in the South China Sea.

Sun, 25 Apr 2021 05:00:07 GMT

Porsche plans EV battery cells plant in Germany

Porsche AG, Volkswagen's luxury sports vehicle unit, plans to build an electric vehicle battery cells plant in southern Germany, the company's CEO Oliver Blume stated on Saturday.

Sun, 25 Apr 2021 04:00:06 GMT

Germany's prosecutors charge VW executives

Germany's prosecutors have indicted 15 managers from Volkswagen in the emissions scandal, the spokesperson for the prosecutor's office in the northern city of Braunschweig stated on Saturday.

Sun, 25 Apr 2021 03:00:06 GMT

UK's LP calls for probe into revamp of PM's flat

On Saturday, the UK Labour Party called for a thorough investigation into the funding of the renovation work on Prime Minister Boris Johnson's official residence.

Sun, 25 Apr 2021 02:00:06 GMT

Nubank prepares for US stock market listing

According to sources with knowledge of the matter, Brazil's digital bank Nubank is working with advisers about an initial public offering in the New York Stock Exchange.

Sat, 24 Apr 2021 20:00:06 GMT

Investors doubt tax impact

Reuters revealed on Friday, that despite a recent announcement of US capital gains taxes, most surveyed investors expect the markets to continue to surge.

Sat, 24 Apr 2021 19:00:06 GMT

Netflix co-CEO exercises stock options

On Saturday, it was revealed that in 2020 the co-Chief Executive Officer of Netflix Reed Hastings had realized $612.13 million from his stock options.

Sat, 24 Apr 2021 18:00:06 GMT

Prosecutors charge VW

German prosecutors announced on Saturday that they would charge additional 15 Volkswagen managers in regards to the company's emission scandal.

Sat, 24 Apr 2021 17:00:06 GMT

Germany's Greens Chancellor comments on politics

On Saturday, the German Green's Chancellor candidate Annalena Baerbock stated that a tougher stance should be taken on Russia and China.

Sat, 24 Apr 2021 16:00:09 GMT

Rolls-Royce plans ITP Aero sale

The UK engineering giant Rolls-Royce has entered constructive negotiations with Spain about the potential sale of ITP Aero, its Spanish unit, following a media report saying that Madrid could ban the deal.

Sat, 24 Apr 2021 14:41:30 GMT

AmEx shares drop on clouded profit beat

American Express reported its entertainment and travel-related card spending had halved in the Q1 due to the coronavirus restrictions, eclipsing its better-than-anticipated profit and sending its shares down 2%.

Sat, 24 Apr 2021 14:22:09 GMT

Aeromexico purchases Boeing jets

Grupo Aeromexico is set to acquire 28 of B737-9 and 737-8 MAX jets and four 787-9 Dreamliner planes from Boeing, in a deal deemed to bring an anticipated $2.0B in savings.

Sat, 24 Apr 2021 13:38:08 GMT

Porsche to build cell plant in Germany

Porsche AG stated on Saturday that it would build a cell plant for electric vehicles in Northern Germany.

Sat, 24 Apr 2021 12:37:31 GMT

Prosecutor charges VW's managers

On Saturday, German prosecutor has charged 15 Volkswagen managers over recent emissions scandal.

Sat, 24 Apr 2021 11:35:12 GMT

Brazil's Nubank prepares for listing

Brazilian online bank Nubank stated on Friday that it had started preparations for listing of the US stock exchange.

Sat, 24 Apr 2021 10:36:01 GMT

Apple to help with vaccinations

Apple Inc stated on late Friday that it would initiate a program intended to help its employees to get a vaccine at their work places.

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