News

Note: This section contains information in English only.
Tue, 25 Mar 2025 14:55:03 GMT

Walmart partners with JPMorgan

Walmart has partnered with JPMorgan Chase to offer embedded finance, allowing marketplace sellers to accept and make payments easily.

Tue, 25 Mar 2025 12:30:03 GMT

Shell raises shareholder distribution

Shell raised its shareholder distribution to 40-50% of cash flow, aiming for 4-5% annual LNG sales growth and 1% production growth through 2028, with a focus on low-carbon investments.

Tue, 25 Mar 2025 09:30:03 GMT

News CEO for Renault

Renault appointed Josep Maria Recasens as CEO of its electric vehicle unit Ampere, replacing Luca de Meo, to boost EV sales and compete with Chinese rivals.

Tue, 25 Mar 2025 06:30:03 GMT

Ford F-150 trucks to be probed

NHTSA is investigating 1.3M Ford F-150 trucks (2015-2017) over reports of unexpected gear downshifts and temporary rear wheel lock-ups from 138 complaints.

Tue, 25 Mar 2025 03:30:03 GMT

Bayer to pay compensatory damages

Bayer was ordered to pay $2.1B in a Roundup-related case in Georgia, causing its stock to drop 6.4%. The settlement includes $2B in punitive and $65M in compensatory damages.

Mon, 24 Mar 2025 21:30:05 GMT

Business activity grows in Germany

Germany's business activity grew at the fastest pace in 10 months in March, with manufacturing production rising for the first time in nearly two years, PMI at 50.9.

Mon, 24 Mar 2025 18:30:06 GMT

Canada to have an emergency election

Canada's new PM Mark Carney calls a snap election for April 28, facing Conservative leader Pierre Poilievre amid trade tensions with the US and Trump's threats.

Mon, 24 Mar 2025 15:30:13 GMT

American companies may face boycott

A new poll shows 1 in 5 Americans may boycott companies aligning with Trump's policies, with brands like Amazon, Target, and Tesla facing lasting backlash.

Mon, 24 Mar 2025 12:30:03 GMT

Nippon Steel to consult with U.S. goverment

Nippon Steel's talks with the U.S. government on acquiring U.S. Steel are ongoing, aiming to reach an agreement on equity purchase and capital spending to boost the U.S. steel industry.

Mon, 24 Mar 2025 09:30:03 GMT

BlackRock moves in Junk Bonds

BlackRock is selling junk bonds in Europe and buying more in the US, shifting its global funds to balance between Europe and the US after recent outperformance.

Mon, 24 Mar 2025 06:30:03 GMT

JPMorgan leaves Net Zero Asset Managers initiative

JPMorgan's asset management unit left the Net Zero Asset Managers initiative, citing regulatory changes and client expectations, after the group paused operations in January.

Mon, 24 Mar 2025 03:30:05 GMT

AstraZeneca to invest in China

AstraZeneca will invest $2.5 billion in a new R&D center in Beijing, growing its workforce there to around 1,700 employees.

Fri, 21 Mar 2025 21:30:03 GMT

Russian central bank keeps rates at 21%

The Russian central bank kept its key rate at 21%, signaling potential future hikes. It aims to return inflation to target by 2026, despite high inflationary pressures.

Fri, 21 Mar 2025 18:30:03 GMT

Nike fears of tarrifs

Nike beat earnings expectations with $11.27B in revenue but saw a 4% drop in shares due to concerns over Trump tariffs and weaker year-over-year results.

Fri, 21 Mar 2025 15:30:04 GMT

Sovereign wealth fund a stake in Covent Garden

Norway's $1.8tn sovereign wealth fund invested £570m for a 25% stake in Covent Garden's £2.7bn property portfolio, betting on central London's future success.

Fri, 21 Mar 2025 12:30:03 GMT

Tesla recalls Cybertrucks

Tesla is recalling over 46,000 Cybertrucks in the U.S. due to a potential issue with exterior panels detaching. This is the 8th recall since January 2024.

Fri, 21 Mar 2025 09:30:03 GMT

Unions to strike against president

Argentina's CGT union will hold a 24-hour strike on April 10, protesting President Milei's austerity measures, which unions say have led to layoffs and hurt purchasing power.

Fri, 21 Mar 2025 07:10:03 GMT

Japan's inflation at 3%

Japan's core inflation hit 3.0% in February, signaling broad price pressure and reinforcing expectations for more rate hikes after BOJ Governor Ueda's warning.

Fri, 21 Mar 2025 03:30:05 GMT

Home sales rise in U.S

U.S. existing home sales rose 4.2% in February, driven by lower mortgage rates and more inventory. Home prices hit a record high, rising 3.8% to $398,400.

Thu, 20 Mar 2025 21:30:09 GMT

EU plans to boost local investments

The European Commission aims to redirect €10 trillion in EU savings into strategic investments to boost Europe's economy and keep it globally competitive.

Thu, 20 Mar 2025 18:30:03 GMT

Toyota's subsidiary guilty of fraud

Hino Motors, a Toyota subsidiary, pleaded guilty to emissions fraud in the U.S., fined $521.76M, and faces 5 years probation, halting diesel engine imports.

Thu, 20 Mar 2025 15:30:08 GMT

Apple loses on Apple TV+

Apple is losing over $1 billion annually on Apple TV+, spending $5 billion a year on content since 2019, though it cut the budget by $500 million last year.

Thu, 20 Mar 2025 12:30:09 GMT

Lamborghini's revenue up in 2024

Lamborghini's 2024 revenue rose 16% to €3.09B, despite concerns over potential U.S. tariffs. It sold 10,687 cars, with 3,000 in the U.S., its biggest market.

Thu, 20 Mar 2025 09:30:03 GMT

Finance defense projects on the rise in France

France's Bpifrance will launch a €450M fund to finance defense projects as part of efforts to boost military spending amid concerns over Russian threats and U.S. support.

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