News

Note: This section contains information in English only.
Thu, 18 Mar 2021 16:29:46 GMT

Google to invest $7B in offices, data centers

Google plans to invest $7B in offices and data centers in the US in 2021, a decline from $10B in 2020, and create around 10,000 full-time jobs, a statement published by the company shows.

Thu, 18 Mar 2021 14:41:34 GMT

Dollar General sees sales drop

Dollar General is expecting larger-than-anticipated annual profit and sales due to the roll-out of the COVID-19 vaccines, after the pandemic-fuelled rush for groceries.

Thu, 18 Mar 2021 14:15:32 GMT

Goldman Sachs cuts China WGBI weighting estimates

On Thursday, Goldman Sachs stated it was expecting FTSE Russell to include the Chinese sovereign debt in the WGBI from Oct. 2021, but with a lower weighting of 5.1% than initially forecast.

Thu, 18 Mar 2021 13:06:10 GMT

Danone's new head to follow group's strategy

Gilles Schnepp, Danone's new chairman, is planning to stick to the group's strategy, implementing the "Local First" plan, according to the French daily Le Figaro's report published on Thursday.

Thu, 18 Mar 2021 12:12:54 GMT

Google to make investment in US offices, data centres

On Thursday, Alphabet's Google announced it plans of a more than $7.0B investment in US offices and data centres amid a rise in internet traffic on the back of the pandemic-related lockdowns.

Thu, 18 Mar 2021 11:19:37 GMT

EUR/USD Jumps due to the FED

On Wednesday, at 18:00 GMT, the EUR/USD surged, as the US Federal Reserve Federal Open Market Committee issued a monetary policy statement. The currency exchange rate surged 73 pips or 0.61% in the span of 40 minutes following the release.

Thu, 18 Mar 2021 09:41:59 GMT

Nokia expects growth in operating margin in 2023

Nokia, Finland's telecom equipment maker, is expecting the comparable operating margin rising to 10-13% in 2023 with the help of its detailed plan to reset the business, the company stated on Thursday.

Thu, 18 Mar 2021 08:37:05 GMT

TikTok explores launching group chat tool

TikTok, the video-sharing platform, is considering to launch a group chat feature in 2021, raising competition among the Chinese-owned app and its social media rivals, including Facebook.

Thu, 18 Mar 2021 07:36:59 GMT

AerCap-GECAS deal to cut jet market competition

Aircraft leasing group AerCap's acquisition deal with its rival GECAS might hurt the aircraft market competition, IATA's head warned on Wednesday.

Thu, 18 Mar 2021 05:43:42 GMT

Lumentum raises bid for Coherent to $6.9B

Coherent Inc stated that optical fibre company Lumentum Holdings raised an offer for the firm to $6.9B after a three-way takeover competition for the laser company.

Thu, 18 Mar 2021 05:29:34 GMT

Vodafone to reach €12.1B valuation

Vodafone priced shares in its infrastructure unit Vantage Towers at €24 each, valuing the company at €12.1B in one of Europe's largest IPO this year, Vantage Towers reported.

Thu, 18 Mar 2021 04:16:43 GMT

Honda, Toyota slash North America production

Toyota Motor and Honda Motor announced new production cuts in Noth America, citing supply chain issues affecting the auto industry.

Wed, 17 Mar 2021 22:09:57 GMT

Morgan Stanley offers access to bitcoin funds

Morgan Stanley became the first major US bank to provide wealth management customers access to bitcoin funds, the report by CNBC showed.

Wed, 17 Mar 2021 21:11:00 GMT

GCEE: German economy to expand 3.1%

The German economy is expected to expand 3.1% in 2021 after a 4.9% contraction in 2020, a report published by the German Council of Economic Experts shows.

Wed, 17 Mar 2021 20:05:20 GMT

Baidu raises $3.1B

Baidu, the Chinese internet search giant, raised $3.1B in its secondary listing in Hong Kong, data published by the company show.

Wed, 17 Mar 2021 19:00:50 GMT

China chipmaker SMIC to invest $2.35B in production facilities

Semiconductor Manufacturing International Corp plans to invest $2.35B in production facilities in Shenzhen to manufacture semiconductor parts from 2022.

Wed, 17 Mar 2021 17:51:23 GMT

Lenovo parent invests $237M in chipmaker Fullhan

Legend Holdings, the owner of the world's largest PC producer Lenovo, announced a 15.9% stake purchase in chipmaker Fullhan Microelectronics for $236.9M.

Wed, 17 Mar 2021 17:33:03 GMT

Coinbase valued at $68B ahead of listing

Coinbase, the largest US cryptocurrency exchange, is valued at around $68B ahead of an IPO, a statement published by the company shows.

Wed, 17 Mar 2021 16:12:51 GMT

Ford to produce electric vans from 2023

Ford Motor Co plans to produce electric vans for the European market through a joint venture with Ford Otosan in Turkey, a statement published by the company shows.

Wed, 17 Mar 2021 14:44:57 GMT

VW sees 2021 EV deliveries to double

Volkswagen is expecting to double its electric car deliveries and raise profits for the core brand in 2021 after the automaker accelerated its switch to zero-emission vehicles.

Wed, 17 Mar 2021 14:02:15 GMT

Vodafone plans to raise €2.13B from IPO

Vodafone is planning to price its infrastructure arm Vantage Towers' shares at €24 each, bringing the company's valuation to €2.13B, in one of the EU biggest IPOs of 2021.

Wed, 17 Mar 2021 12:46:52 GMT

Volkswagen extends major surge

During Wednesday's European trading hours, the stock price for Volkswagen surged by 7.00% or 14.50 EUR. The stock price extended a three day surge, which was caused by a string of positive news from the company.

Wed, 17 Mar 2021 12:07:19 GMT

BMW sees half of sales to be EVs by 2030

BMW is anticipating that not less than half of the carmaker's sales to be electric cars by 2030, adding that its MINI brand is likely to be fully electric by this time.

Wed, 17 Mar 2021 11:00:40 GMT

Crude oil extends decline

During Wednesday's European trading hours, the prices for crude oil extended their decline despite a drop in US inventories.

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