News

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Thu, 09 Jan 2020 15:23:37 GMT

Europe stocks hit record-high as Middle East tensions ease

On Thursday, the European shares reached its record-high after the US and Iran backed down from the further military tension escalation and investors wert back to riskier assets over firmer hopes of the US-China trade deal.

Thu, 09 Jan 2020 14:17:06 GMT

VW's last-year car deliveries slightly rise

On Thursday, Volkswagen Group reported its vehicle deliveries in 2019 slightly rose from the prior year's level, upwardly revising earlier estimates that predicted the 2019 sales would stay on hold.

Thu, 09 Jan 2020 13:39:41 GMT

iPhone's China sales rise 18% last month

Apple's iPhone China sales in December rose over 18% to 3.2M units year-over-year, according to the government data published on Thursday.

Thu, 09 Jan 2020 11:50:27 GMT

FlixMobility gains 37% passenger growth in 2019

On Thursday, Transport app FlixMobility reported a 37% surge in its passenger numbers for the period of 2019, as the German best-funded tech start-up seeks to become the world's largest intercity bus services provider.

Thu, 09 Jan 2020 11:06:52 GMT

Mark Carney comments on policy

On Thursday, the Governor of the Bank of England Mark Carney stated that the bank could decrease interest rates, if there remains the apparent economic weakness.

Thu, 09 Jan 2020 10:27:36 GMT

Mercedes seen to become biggest-selling premium car brand

Daimler reported on Thursday it had sold 2.34M of Mercedes-Benz passenger vehicles last year for the ninth record-sales year in succession, posing to become the biggest-selling premium car company.

Thu, 09 Jan 2020 09:17:37 GMT

Uber halts upfront ride pricing amid California worker law

Uber Technologies informed its customers in California that it would provide estimates as opposed to rides' fixed prices in response to the Californian new la, which makes it more difficult to qualify Uber's drivers as contractors.

Thu, 09 Jan 2020 07:45:52 GMT

SoftBank considers stake sale in India's renewable energy venture

SoftBank Group Corp has entered talks over selling a majority of its stake in the Indian renewable energy venture, seeking to raise some cash after facing the setbacks to global investments, India's Economic Times reported on Thursday.

Thu, 09 Jan 2020 07:38:24 GMT

ViacomCBS, Comcast resume content carriage deal

ViacomCBS Inc and Comcast Corp have resumed the content carriage deal starting Wednesday, which would let Comcast continue retransmission of about 23 CBS-held television channels.

Thu, 09 Jan 2020 06:30:42 GMT

McDonald's extends Beyond Meat burger trials

McDonald's stated that it is set to expand the trial in Canada of Beyond Meat-made vegan burgers, testing the viability of a wider rollout.

Thu, 09 Jan 2020 05:08:31 GMT

Deere aims to boost profits

Deere & Co announced that it will diminish costs and increase investments in agriculture technology and services business aiming to become more profitable.

Wed, 08 Jan 2020 23:41:27 GMT

World Bank cuts growth forecast for 2020

The World Bank cut its global expansion forecasts slightly for 2019-2020 amid a slower-than-anticipated recovery in investment and trade despite cooler US-China trade tensions.

Wed, 08 Jan 2020 20:42:16 GMT

WBA misses quarterly profit estimates

Shares of Walgreens Boots Alliance fell by 7% on Wednesday after the pharmacy chain missed first-quarter earnings expectations.

Wed, 08 Jan 2020 20:04:38 GMT

US sanctions South Sudanese VP

On Wednesday, the Treasury Department announced that the United States has imposed sanctions on the Vice President of South Sudan.

Wed, 08 Jan 2020 18:58:57 GMT

Aramco's shares decline on Wednesday

On Wednesday, shares of Saudi Aramco edged lower after Iranian missiles strike the US military bases in Iraq.

Wed, 08 Jan 2020 18:10:56 GMT

Oil prices decline from four-month highs

On Wednesday, crude oil prices retreated from a four-month high after Iran's retaliatory attacks against Iraqi bases housing the US troops.

Wed, 08 Jan 2020 16:40:56 GMT

Mercedes-Benz, Geely roll out $780M JV to build smart-branded EVs

On Wednesday, Mercedes-Benz and Zhejiang Geely Holding announced they were set to invest $388.77M each in the Chinese joint venture to make "premium and intelligent" electric cars under their smart brand.

Wed, 08 Jan 2020 15:46:37 GMT

Apple News monthly active users hit 100M

Apple Inc reported its news service had hit 100M monthly active users, with customers spending over $1.4B in App Store during Christmas holidays and New Year, showing the rising revenue from the business owned by the iPhone maker.

Wed, 08 Jan 2020 15:06:37 GMT

Israel's private tech firms attract $8.3B in 2019

Israeli private high-tech firms raised $8.3B last year, 30% more compared to 2018, Israel's Venture Capital Research Centre and ZAG law company announced on Wednesday.

Wed, 08 Jan 2020 14:39:27 GMT

Ted Baker's banks hire experts for restructuring review

Ted Baker's lenders picked advisers to conduct the troubled UK fashion retailer's independent review to assess the prospects, according to a Sky News report seen on Wednesday.

Wed, 08 Jan 2020 13:07:22 GMT

Southeast Asia's Grab to expand in food services

Southeast Asia's Grab is planning a deeper expansion into the rapid-growing food delivery services, as the ride-hailing firm saw 5.2 times growth in the gross merchandise value in 2019.

Wed, 08 Jan 2020 12:17:00 GMT

Facebook, eBay vow to deal with fake reviews better

Facebook and eBay pledged to better detect, probe and react to misleading and fake reviews, UK's CMA stated on Wednesday after putting pressure on the online platforms to address the problem.

Wed, 08 Jan 2020 10:54:06 GMT

Norway hopes for free trade with China

On Wednesday, the Norwegian Industry Minister Torbjoern Roe Isaksen stated to Reuters that Norway intends to make a free-trade deal with China.

Wed, 08 Jan 2020 09:41:11 GMT

Malaysia Airlines to avoid Iran airspace

Malaysia Airlines will try to avoid the conflict Iranian airspace, it reported on Wednesday, after military tensions escalated in the region.

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