News

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Sat, 15 Aug 2020 06:58:39 GMT

Fortnite gamers show support for Epic Games

Fortnite gamers with hundreds of thousands of YouTube followers and Spotify have shown their support for Epic Games for suing Google and Apple.

Sat, 15 Aug 2020 06:01:42 GMT

US consumer sentiment remains stable

The US consumer sentiment surged to a reading of 72.8 in August from 72.5 in July, the University of Michigan announced on Friday.

Sat, 15 Aug 2020 05:00:16 GMT

US factory output increases in July

The US Federal Reserve announced on Friday that the US manufacturing production edged up by 3.4% in July.

Sat, 15 Aug 2020 04:12:41 GMT

UK to buy COVID-19 vaccines from US drugmakers

The United Kingdom will purchase potential coronavirus vaccines from Novavax Inc and Johnson & Johnson, the companies announced on Friday.

Sat, 15 Aug 2020 03:34:30 GMT

Epic Games file lawsuits against Google, Apple

Fortnite developer Epic Games has filed antitrust lawsuits against Google and Apple after the firms dropped the popular video game from their app stores.

Fri, 14 Aug 2020 20:56:11 GMT

US business inventories depreciate in June

According to data published by the US Commerce Department on Friday, business inventories dropped by 1.1% in June.

Fri, 14 Aug 2020 20:04:01 GMT

Trump comments on stimulus

On Friday, the US President Donald Trump announced that he is ready to release a new coronavirus aid package.

Fri, 14 Aug 2020 18:44:10 GMT

CureVac shares surge

On its debut on the stock market on Friday, CureVac share price surged by 175%, as the company would develop a coronavirus vaccine.

Fri, 14 Aug 2020 18:20:53 GMT

US retailers fight Amazon fake goods

On Friday, various US retailers announced a coalition, which would fight the counterfeit goods that are sold on Amazon.

Fri, 14 Aug 2020 16:53:27 GMT

US consumer sentiment remains low

The University of Michigan consumer sentiment index stays low at 72.8 during August as the consumers are worried about a stagnant economic recovery.

Fri, 14 Aug 2020 15:52:30 GMT

Fortnite creator sues Apple and Google

The developer of Fortnite - Epic Games Inc filed antitrust lawsuits against Apple and Google after these companies removed the game from the app marketplaces due to some guideline violations.

Fri, 14 Aug 2020 15:34:16 GMT

Russian medics sceptical about new vaccine

On Friday, a survey of 3000 doctors in Russia revealed a lack of trust for the new coronavirus-vaccine Sputnik V that is expected to roll out by the end of August.

Fri, 14 Aug 2020 13:41:15 GMT

Hong Kong cuts economic forecasts

On Friday, the Hong Kong government announced that it would decrease its full year economic outlook.

Fri, 14 Aug 2020 12:43:02 GMT

UK increases COVID vaccine supplies

It was revealed on Friday by Reuters that the United Kingdom would buy potential coronavirus vaccines from Novavax and Johnson & Johnson.

Fri, 14 Aug 2020 11:49:21 GMT

Euro Zone publishes data

On Friday, the Euro Zone countries revealed an increase in trade surplus in June. However, GDP and employment had experienced a record fall.

Fri, 14 Aug 2020 10:42:27 GMT

Oil trades below 45$

During Friday's European trading hours, crude oil price benchmarks declined below the $45 level, as no new increases of demand were expected.

Fri, 14 Aug 2020 10:25:32 GMT

Global stocks decline

On Friday, global stock indices declined, as China reported lower than forecast economic data and European countries increased travel bans.

Fri, 14 Aug 2020 09:00:40 GMT

China's commences anti-subsidy investigation

The Chinese Commerce Ministry has launched an anti-subsidy investigation on polyphenylene ether imports from the US.

Fri, 14 Aug 2020 07:54:59 GMT

China's July property investment surges in July

According to data from the Chinese National Bureau of Statistics, China's real estate investment grew by 11.7% in July from a year earlier.

Fri, 14 Aug 2020 07:01:33 GMT

China's retail sales decline in July

According to data from China's National Bureau of Statistics, the Chinese retail sales grew by 4.8% in July from a year earlier.

Fri, 14 Aug 2020 06:04:41 GMT

WeWork obtains $1.1B from SoftBank

WeWork has obtained a $1.1B in new a financing from SoftBank Group, the company's Chief Financial Officer Kimberly Ross announced on Thursday.

Fri, 14 Aug 2020 04:58:35 GMT

Toyota, Mazda to invest $2.3B in JV

Mazda Motor and Toyota Motor announced they would make an investment worth $2.3B in Alabama factory, their new joint venture, $830M more than initially announced on the 2018 plan.

Fri, 14 Aug 2020 04:03:26 GMT

Thomson Reuters acquires CaseLines

Thomson Reuters acquired a cloud-based court evidence and document management platform CaseLine, the news provider reported, not disclosing any further terms of the deal.

Fri, 14 Aug 2020 03:08:16 GMT

Daimler to settle US diesel lawsuits

Daimler agreed to the US settlements worth around $3.0B over the carmaker's software implemented in some of its vehicles that cheated diesel emissions tests.

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