News

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Sun, 20 Jun 2021 13:00:07 GMT

Porsche makes new batteries

On Sunday, Porsche announced that the company would make new batteries togethers with Customcells.

Sun, 20 Jun 2021 12:00:07 GMT

Chevron to resume works

Chevron Corp stated on Saturday that it was returning workers back to their places in the Gulf of Mexico to continue crude oil extraction.

Sun, 20 Jun 2021 11:00:06 GMT

Porsche to form JV with Customcells

Porsche AG stated on Saturday that it would create a joint ventrure with Customcells to manufacture batteries for electric vehicles.

Sun, 20 Jun 2021 10:00:07 GMT

Kashkari against rates hike

The head of Minneapolis Fed, Neel Kashkari, stated on Friday that short-term rate should be kept around zero in coming two years.

Sun, 20 Jun 2021 09:00:08 GMT

Bavaria in talks with Intel over chip factory

Germany's southern state of Bavaria was in talks with Intel to build a chip factory, aiming to counter supply bottlenecks, which hampered production in the automotive sector.

Sun, 20 Jun 2021 08:00:07 GMT

EU to probe Google's adtech business

Alphabet's unit Google is likely to face a regulatory threat, with EU regulators set to open an investigation into its digital advertising business before the end of 2021, sources said.

Sun, 20 Jun 2021 07:00:07 GMT

President Biden to meet with financial regulators

According to the White House Press Secretary Jen Psaki, the US President Joe Biden would meet with the US financial regulators on June 21.

Sun, 20 Jun 2021 06:00:07 GMT

AirAsia's CEO comments on travel industry

As reported by the Bernama news agency on Saturday, the Chief Executive Officer of AirAsia Group Tony Fernandes said that the air travel industry could return to normal in 2022.

Sun, 20 Jun 2021 05:00:05 GMT

US lawmakers fume as Canada prolongs travel ban

The Canadian Prime Minister Justin Trudeau has extended the travel ban for nonessential travel until July 21, as US legislators and businesses expressed their frustration.

Sun, 20 Jun 2021 04:00:05 GMT

FTSE Russell stages annual rebalancing

Investors and fund managers are preparing for the heaviest trading volume day of 2021 on June 25, as FTSE Russell stages the annual rebalancing of its indexes next Friday.

Sun, 20 Jun 2021 03:00:07 GMT

Kashkari opposed interest rate hikes

The President of Minneapolis Federal Reserve Neel Kashkari stated that he wants the US Federal Reserve interest rate to remain near zero until the end of 2023.

Sun, 20 Jun 2021 02:00:09 GMT

EU threatens Lebanon's leaders of sanctions

On Saturday, Josep Borrell, the European Union Foreign Affairs and Security Policy Chief, said that the Lebanese leaders could face sanctions over the homemade crisis.

Sat, 19 Jun 2021 20:00:06 GMT

Mexico probes Tridonex

On Saturday, Mexican authorities revealed that upon a request from the US they would investigate labour abuses at Tridonex.

Sat, 19 Jun 2021 19:00:31 GMT

Morrisons denies comments

Morrisons announced on Saturday that the company would not comment on the rumours of a possible takeover.

Sat, 19 Jun 2021 18:12:43 GMT

Moscow faces lockdown

On Saturday, the Major of Moscow announced that the city faces a new variant of the coronavirus, which prompts a lockdown.

Sat, 19 Jun 2021 14:15:40 GMT

Ebrahim Idassi wins Iranian election

On Saturday, Ebrahim Idassi won the Presidential election of Iran.

Sat, 19 Jun 2021 13:30:03 GMT

BTC remains below 40,000.00

During Saturday's hours, the price for Bitcoin remained below the 40,000.00 mark despite a recent recovery.

Sat, 19 Jun 2021 11:34:09 GMT

Aviation industry back to normal in 2022

AirAsia Group CEO Tony Fernandes stated on Saturday that aviation industry most probably would fully back to normal in 2022.

Sat, 19 Jun 2021 10:38:54 GMT

Atai's value up 40%

The share price of Atai Life Sciences B.V. surged 40% on Friday, thus giving the company $3.19B capitalization.

Sat, 19 Jun 2021 08:28:06 GMT

Former Tesla president sells stock

According to the SEC filing, Tesla Inc's former President Jerome Guillen sold approximately $274M worth of shares.

Sat, 19 Jun 2021 07:21:02 GMT

Bitcoin down 7%

The price of the most popular cryptocurrency in the world, Bitcoin, had lost on Friday another 7% or $2,666.53 and ended up at $35,431.15 mark.

Sat, 19 Jun 2021 07:00:06 GMT

Lukoil to make $3B investment in petrochemicals

Russia's second-biggest oil producer Lukoil planned to invest $3B in petrochemicals production within the 6 years, TASS quoted the company's head on Friday.

Sat, 19 Jun 2021 06:00:08 GMT

EIG consortium closes $12.4B Aramco deal

The US-based EIG Global Energy Partners stated that its consortium closed a deal to buy 49% of the pipelines business of Saudi oil producer Aramco for $12.4B.

Sat, 19 Jun 2021 05:00:09 GMT

Fed's Kashkari against rate hikes until 2023

Minneapolis Fed President Neel Kashkari stated that he wants to keep the US CB short-term interest rate at zero at least until 2023 to allow the labour market to return to its pre-pandemic level.

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