News

Note: This section contains information in English only.
Thu, 18 Feb 2021 07:36:38 GMT

Mobile ad firms form alliance over Apple changes

Six mobile advertising firms established a partnership in order to help app developers and marketers adjust to new Apple's privacy changes.

Thu, 18 Feb 2021 06:22:24 GMT

Ford: EU car lineup to become all-electric

Ford Motor stated that its car lineup in Europe is set to be all-electric by 2030 as the US automaker aims to be ahead of CO2 emissions targets and looming bans on fossil fuel cars.

Thu, 18 Feb 2021 05:31:46 GMT

Australia doubts Aon-Willis Towers deal

Australia's competition regulator raised antitrust concerns over Aon's $30B bid for Willis Towers Watson to establish the world's biggest insurance broker.

Thu, 18 Feb 2021 04:30:20 GMT

Bentley orders rise on demand from China

Bentley started the year having 50% more orders compared to the last year and built more vehicles in January this year, as China fuelled demand despite challenges from the pandemic.

Wed, 17 Feb 2021 21:52:14 GMT

JLR to clash 2K jobs globally

Jaguar Land Rover is set to cut 2,000 positions from the company's global salaried workforce, just after the announcement that its Jaguar brand will be fully electric by 2025.

Wed, 17 Feb 2021 20:41:29 GMT

US Retail Sales grow in January

Data published by the US statisticians on Wednesday revealed that US Retail Sales increased in January. However, the news did not cause a significant reaction in the value of the US Dollar.

Wed, 17 Feb 2021 19:54:23 GMT

Biden unites with labour leaders

It was revealed by the White House on Wednesday that the US President Joe Biden would unite with labour union leaders to pass the $1.9 trillion economic stimulus plan.

Wed, 17 Feb 2021 18:47:48 GMT

Reuters reveals Amazon plans in India

On Wednesday, Reuters published a special report, in which it was revealed how Amazon intends to avoid Indian regulation.

Wed, 17 Feb 2021 18:13:00 GMT

Tower to invest extra $150M to boost production

On Wednesday, the Israeli chipmaker Tower Semiconductor announced that it would invest an additional $150M to boost capacity.

Wed, 17 Feb 2021 17:01:03 GMT

Output at US factories increase in January

The US Federal Reserve said on Wednesday that the US manufacturing production rose by 1.0% in January.

Wed, 17 Feb 2021 16:00:45 GMT

Wall Street's main indexes open lower

On Wednesday, US equity markets opened lower, as traders and investors await the US Federal Open Market Committee (FOMC) January meeting.

Wed, 17 Feb 2021 14:57:13 GMT

OPEC chief sees recovery in 2021

OPEC's secretary general stated he was optimistic about 2021 recovery following the drop in oil demand and prices caused by the COVID-19 pandemic.

Wed, 17 Feb 2021 14:34:36 GMT

News Corp inks deal with Google

On Wednesday, News Corp announced it had inked a three-year partnership agreement with Google the company's news products sale to Google's news platform.

Wed, 17 Feb 2021 13:36:08 GMT

Shopify Q4 revenue tops Wall Street's estimates

On Wednesday, Shopify reported its Q4 revenue almost doubled to $977.7M, topping the Wall Street forecasts of $910.2M, as more businesses switched to its e-commerce tools for selling online during the pandemic.

Wed, 17 Feb 2021 12:22:51 GMT

Google to support pandemic-hit SMEs

Google is set to tie up with the EIF and two Asian and Latin American organisations to invest $75M in small- and medium-sized enterprises hit by the COVID-19 pandemic.

Wed, 17 Feb 2021 10:49:41 GMT

Gucci stock plummets on earnings

On Wednesday, the stock price of Gucci brand owner Kering plummeted by 7.20% at the European market open due to the company reporting lower than forecast earnings and a lag behind its competition.

Wed, 17 Feb 2021 09:52:12 GMT

ByteDance has no plans for TikTok listing

On Wednesday, ByteDance denied the report that it had been in preliminary talks about TikTok potential listing on the NYSE.

Wed, 17 Feb 2021 09:17:02 GMT

Amazon to become Torc Robotics' cloud provider

On Wednesday, Daimler's division Torc Robotics announced it had chosen Amazon's cloud computing unit for its self-driving trucks to handle huge data amounts in real time amid tests in Virginia and New Mexico.

Wed, 17 Feb 2021 08:03:04 GMT

Gucci Q4 sales miss forecasts

Kering's Gucci sales dropped more than anticipated in the Q4, hit by the coronavirus pandemic that prevented consumers from travelling and shopping abroad.

Wed, 17 Feb 2021 07:33:58 GMT

Honda to appoint new CEO

Honda Motor is planning to appoint the carmaker's R&D chief Toshihiro Mibe as a new CEO, Reuters reported on Wednesday.

Wed, 17 Feb 2021 05:52:53 GMT

CoStar makes $6.9B counterbid for CoreLogic

On Tuesday, CoStar Group announced that it has made a $6.9 billion offer for each share of CoreLogic Inc.

Wed, 17 Feb 2021 05:01:24 GMT

Palantir signals slower revenue growth in 2021

Shares of Palantir Technologies fell by 9% to $28.60 on Tuesday after the Denver-based data analytics company warned that revenue growth would stall in 2021.

Wed, 17 Feb 2021 03:54:59 GMT

EZ's Q4 GDP falls less than initially expected

According to data from Eurostat, Eurozone's gross domestic product declined less than earlier estimated in the Q4.

Wed, 17 Feb 2021 02:31:00 GMT

Bitcoin price soars above $50,000

On Tuesday, Bitcoin cryptocurrency rose above $50,000 for the first time, as major companies showed support for digital currencies.

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