News

Note: This section contains information in English only.
Wed, 02 Sep 2020 10:03:04 GMT

German publishes retail sales data

On Wednesday, the German retail sales data revealed a decline in July, which was not expected. Due to that reason a decline in EUR occurred.

Wed, 02 Sep 2020 08:47:03 GMT

Domino's names new permanent CFO

On Wednesday, Britain's Domino's Pizza Group has appointed Neil Smith as its permanent interim CFO to succeed David Bauernfeind, who passed away last year.

Wed, 02 Sep 2020 07:43:58 GMT

Nvidia unveils new gaming chips

Nvidia Corp unveiled new powerful gaming chips that had been designed by using Micron Technology's new memory tech and were manufactured by Samsung Electronics.

Wed, 02 Sep 2020 07:26:31 GMT

Ryanair's traffic rises 59% mom in August

Ryanair reported the number of passengers it flew surged 59% month-over-month to 7M in August after returning to more regular schedule; however, still marking a weaker reading compared to the prior year's same period.

Wed, 02 Sep 2020 06:26:44 GMT

Exxon considers global job trims

On Wednesday, Exxon Mobil announced it was considering potential global job cuts, after unveiling a voluntary programme of layoffs in Australia.

Wed, 02 Sep 2020 04:59:08 GMT

Maersk to slash jobs

Maersk announced on Tuesday that it would slash jobs in a major reorganization that would affect one-third of the company's staff.

Wed, 02 Sep 2020 03:59:16 GMT

US manufacturing activity hits 19-month high

According to the ISM data, the US manufacturing activity rose to a reading of 56.0 in August, the highest since January 2019.

Wed, 02 Sep 2020 03:01:09 GMT

Brazil's economy declines in Q2

According to the Brazilian government statistics agency IBGE, Brazil's gross domestic product declined by 9.7% in the Q2.

Wed, 02 Sep 2020 01:33:38 GMT

Chilean economic activity declines by 10.7% in July

Chile's Central Bank announced on Tuesday that economic activity declined by 10.7% in July, as the country remained under COVID-19 lockdown.

Tue, 01 Sep 2020 20:06:13 GMT

Portuguese economy contracts 16.3%

The Portuguese economy contracted 16.3% in the second quarter of 2020, compared to the same period the previous year, the Portuguese National Institute of Statistics reports.

Tue, 01 Sep 2020 19:21:08 GMT

Sri Lanka inflation declines to 4.1%

Inflation in Sri Lanka declined to 4.1% in August, compared to 4.2% in July, a statement published by the Central Bank of Sri Lanka shows.

Tue, 01 Sep 2020 17:42:29 GMT

Tesla unveils biggest program of new share sales

On Tuesday, Tesla Inc launched a $5 billion capital raise, as the company plans to use the proceeds to strengthen its balance sheet.

Tue, 01 Sep 2020 16:53:04 GMT

UK to urge people to return to workplaces

A spokesman for the UK Prime Minister Boris Johnson said that the government would launch a media campaign this week to urge workers to return to their workplaces.

Tue, 01 Sep 2020 15:59:48 GMT

Canada's factory activity surges in August

The IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI) surged to a two-year high in August.

Tue, 01 Sep 2020 15:00:45 GMT

Schlumberger announces sale of NA fracking unit

Schlumberger's shares fell by 1.7% to $18.56 on Tuesday after the company announced that it would sell the North American fracking unit to Liberty Oilfield Services.

Tue, 01 Sep 2020 13:42:29 GMT

Geely Auto aims for $3B listing

Geely Automobile Holdings aims to attract as much as $2.93B from a public sale of its shares on Shanghai's STAR Market, seeking for investment in new auto models and technologies.

Tue, 01 Sep 2020 13:34:23 GMT

Germany launches inquiry into Wirecard

German lawmakers have opened a parliamentary investigation on Tuesday into the payment company Wirecard's collapse to find out more about the country's largest corporate fraud since the WWII.

Tue, 01 Sep 2020 12:37:43 GMT

Tesla to attract $5B via share offering

On Tuesday, Tesla announced its plans to attract about $5B through the share sale programme that will be conducted by the Wall Street main brokerages.

Tue, 01 Sep 2020 11:07:07 GMT

Germany revises up its 2020 GDP outlook

Germany is expecting the coronavirus-caused economic devastation to be less tough than anticipated this year; however, forecasting weaker rebound for the EU biggest economy in 2021.

Tue, 01 Sep 2020 09:56:21 GMT

Maersk cuts jobs

On Tuesday, Maersk announced that the company would reduce its workforce in a reform that would affect one third of the company.

Tue, 01 Sep 2020 09:07:23 GMT

Citi picks ex-Deutsche Bank's Rousseau

Citigroup has hired the former Deutsche Bank M&A head, Robin Rousseau, as its new Vice Chairman of the investment banking for the Middle East, Africa and Europe, according to Reuters.

Tue, 01 Sep 2020 08:13:21 GMT

Amazon gets approval for drone delivery tests

Amazon.com announced on Monday it had received a green light from US regulators to start testing its commercial deliveries via the drone fleet.

Tue, 01 Sep 2020 07:05:42 GMT

Walmart launches new membership programme

On Tuesday, Walmart has revealed its new membership service Walmart Plus that will provide its subscribers with unlimited free delivery and great discounts, Reuters reported.

Tue, 01 Sep 2020 06:22:08 GMT

Apple aims to build 75M 5G iPhones

Apple is preparing to make at least 75M 5G iPhones later this year, in addition to its planned launch of its new iPad Air, Watch models and a new smaller version of HomePod, according to Bloomberg News.

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