News

Note: This section contains information in English only.
Tue, 25 May 2021 07:00:08 GMT

Coinbase names new chief policy officer

Coinbase Global appointed the ex-White House official Faryar Shirzad as its new chief policy officer, according to the cryptocurrency exchange's statement made in its blog post.

Tue, 25 May 2021 06:00:09 GMT

Codelco signs deal with Microsoft

The world's biggest copper producer Codelco announced it had signed a deal with Microsoft to extend automation at the Chilean company's copper mines by fast-tracking the digitisation of operations.

Tue, 25 May 2021 05:00:08 GMT

Israel inks deal with Google, Amazon

Then Israeli government signed a deal worth over $1.0B with Google and Amazon Web Services to provide their cloud services to the country's military and public sector.

Tue, 25 May 2021 04:00:07 GMT

US sees 7-10 new chip factories

Gina Raimondo, the US Commerce Secretary, stated that the proposed $52B boost in the government funding for chip research and production could result in up to ten new US plants.

Tue, 25 May 2021 03:00:07 GMT

BoE's Bailey calls cryptos 'dangerous'

Andrew Bailey, the Bank of England's Governor, called cryptocurrencies and similar assets "dangerous" to the public, reaffirming his concern about them.

Mon, 24 May 2021 23:56:59 GMT

WhatsApp sees user privacy as 'highest priority'

WhatsApp told the government of India that user privacy was the company's highest priority following raised questions by the Indian technology ministry over its new privacy policy.

Mon, 24 May 2021 19:49:29 GMT

EU to postpone investments in Belarus

The EU investment package of €3B for Belarus is likely to remain on hold and frozen until the country turns democratic, the EU executive stated on Monday.

Mon, 24 May 2021 19:23:49 GMT

Shell to sell share in Deer Park to Pemex

Royal Dutch Shell announced that it is set to sell the interest in the Deer Park Refinery JV to Petroleos Mexicanos for nearly $596M in a move to slash its global refining footprint.

Mon, 24 May 2021 18:00:08 GMT

HSBC's CEO comments cryptocurrency

On Monday, HSBC's Chief Executive Officer Noel Quinn said that the bank has no plans to offer cryptocurrency services to their clients.

Mon, 24 May 2021 17:00:08 GMT

China intensified crackdown on crypto mining

On Monday, cryptocurrency exchange Huobi, BTC.TOP and HashCow suspended their crypto-mining operations in China after the Chinese authority intensified the crackdown on bitcoin trading and mining.

Mon, 24 May 2021 16:00:08 GMT

Cryptocurrencies rebound on Monday

On Monday, cryptocurrencies rebounded after Sunday's sell-off, Bitcoin surged by more than 10% to $38,538, while the second-largest cryptocurrency Ethereum edged higher by 17%.

Mon, 24 May 2021 15:00:08 GMT

US house prices to continue to race ahead

According to a poll conducted by Reuters on May 11-24, US home prices will continue to surge at a blistering pace in 2021.

Mon, 24 May 2021 14:00:08 GMT

Liberty Steel plans UK asset sale

On Monday, Liberty Steel Group announced it is planning a sale of some UK assets and has entered the discussion with Credit Suisse over a deadlock deal for its unit in Australia after the Greensill Capital collapse.

Mon, 24 May 2021 13:00:08 GMT

Ford unveils price for new e-truck

On Monday, Ford Motor unveiled that the price for the new F-150 Lighting Pro electric truck will start from $39.974 for commercial customers.

Mon, 24 May 2021 12:00:09 GMT

HSBC has no plans for crypto launch

HSBC CEO Noel Quinn said on Monday the bank is not planning the cryptocurrency trading desk's launch as well as to offer digital coins as investment to its customers due to high volatility and lacking transparency.

Mon, 24 May 2021 10:34:18 GMT

IATA's Walsh views smaller airline industry

IATA's head Willie Walsh said he expected the airline industry would be smaller after the coronavirus crisis, expressing his doubts about carriers expanding through acquisitions.

Mon, 24 May 2021 10:30:27 GMT

Big lenders see revenue rebound

Big US banks are expecting post-pandemic rebound of the credit card revenue on easing the COVID-19 restrictions, preparing for a jump in one of the lenders' most profitable businesses.

Mon, 24 May 2021 08:45:10 GMT

Cineworld reopening tops expectations

On Monday, Cineworld reported its reopening weekend in Britain had beat expectations as "Peter Rabbit 2", the animated comedy, lured crowds after months-long lockdown.

Mon, 24 May 2021 08:35:27 GMT

Renault-Nissan Indian workers plans strike

Renault-Nissan's India union stated on Monday the factory workers are not planning to report for their work starting from Wednesday, as their safety demands related to COVID-19 were not met.

Mon, 24 May 2021 07:21:18 GMT

Hyundai brings hydrogen trucks to Europe

Hyundai Motor is planning to roll out new class of Xcient fuel-cell trucks in Europe later in 2021, according to Mark Freymueller, the Hyundai Hydrogen Mobility CEO.

Mon, 24 May 2021 06:27:09 GMT

G7 to reach big firms taxation accord

G7 is nearing an agreement on taxation of the world's largest companies, signalling the global deal could be signed later this year, according to the Financial Times.

Mon, 24 May 2021 05:00:08 GMT

Biden's spending triggers raging inflation

Biden's spending plan produces raging inflation and people who don't want to work, the Senate's Republican leader Mitch McConnel says.

Mon, 24 May 2021 04:00:08 GMT

Deutsche Bank sets 50% women management quota

Deutsche Bank will appoint women to roughly 50% of vacant management positions to achieve its 2025 gender target, a report shows.

Mon, 24 May 2021 03:00:08 GMT

China greenlights news IPOs

The China Securities Regulatory Commission approved the initial public offering of six companies on the ChiNext board.

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