Google completes deal to acquire Fitbit

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Source: Dukascopy Bank SA
Google announced it had closed the deal to acquire Fitbit, the fitness tracking company, despite the US Department of Justice was still continuing the probe of the $2.1B transaction.
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Fri, 15 Jan 2021 05:41:50 GMT

Subaru to trim production in US, Japan

The Japanese carmaker Subaru stated it was set to cut its output in January by "several thousand" cars at its Japanese and US plants due to a global semiconductor shortage.

Fri, 15 Jan 2021 03:47:42 GMT

Wells Fargo to reveal cost-cutting plan

Wells Fargo's CEO Charlie Scharf is planning to unveil its cost-cutting plan to investors this week, while Wall Street is anticipating the mortgage lender to post a 38% profit drop on Friday.

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