News

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Mon, 04 Jan 2021 10:57:06 GMT

Tesla reaches record high

On Monday, the stock price of Tesla was expected to start the year at a record high level.

Mon, 04 Jan 2021 10:12:36 GMT

PSA-FCA merger gets approval

On Monday, top shareholders have granted their approval to PSA Group's merger deal with Fiat Chrysler, paving the way for the companies to create the fourth largest automaker in the world.

Mon, 04 Jan 2021 08:48:25 GMT

Quibi considers selling content catalog

Quibi has entered the advanced talks over a potential sale of the content catalog to Roku, the video-streaming device maker, due to winding down operations, according to the Wall Street Journal report.

Mon, 04 Jan 2021 07:55:51 GMT

Icahn sells $600M stake in Herbalife

The activist investor Carl Icahn sold over half of his stake owned in Herbalife Nutrition for $600M at $48.05 for a share, while also gave up five seats on the company's board held by investor's representatives.

Mon, 04 Jan 2021 07:36:46 GMT

China telco stocks drop 5% in HK

On Monday, shares of China's three largest telcos tumbled 5% in the first trading day in Hong Kong since the NYSE announced its plans to delist the companies under the US plan that China branded "politically motivated".

Mon, 04 Jan 2021 06:00:03 GMT

Asian equity markets hit record high

On Monday, Asian equity markets hit a record level. MSCI's broadest index surged by 0.80% to hit an all-time peak, S.Korea shares rose by 2%, led by the chip and auto sectors, China's blue chips added 0.3%.

Mon, 04 Jan 2021 05:00:09 GMT

Bitcoin cryptocurrency trades above $33K

Bitcoin cryptocurrency traded above $33K during the Asian session on Monday, after surging to a record level at $34,800 on January 3.

Mon, 04 Jan 2021 04:03:09 GMT

Tesla beats 2020 deliveries target

On January 2, Tesla Inc announced that it delivered 499,550 vehicles in 2020, the number surpassed Wall Street's estimate of 481,261 cars, according to Refinitiv data.

Mon, 04 Jan 2021 02:38:48 GMT

Germany likely to extend national lockdown

The German Health Minister Jens Spahn announced that Germany's Chancellor Angela Merkel and regional leaders are expected to agree to extend the national lockdown beyond January 10.

Sun, 03 Jan 2021 21:10:25 GMT

Gazprom: gas exports outside ex-USSR down 10%

Russia's gas exports by pipeline to customers outside the ex-Soviet Union reached 179.3 bcm in 2020, down from 199.2 bcm reported for 2019, Gazprom stated.

Sun, 03 Jan 2021 19:55:29 GMT

Tesla to deliver Model Y SUVs in January

Tesla announced that it started selling Model Y SUVs made in China and is set to deliver them to customers this month, as it expands sales in the world's biggest vehicle market.

Sun, 03 Jan 2021 19:11:33 GMT

OPEC ready to adapt oil output rises

OPEC and allies stood ready to adjust plans for a moderate rise in oil output by 2M barrels per day in the following months according to market conditions, OPEC Secretary-General stated.

Sun, 03 Jan 2021 18:00:12 GMT

UK likely to tighten lockdown rules

On Sunday, the United Kingdom Prime Minister Boris Johnson has raised the prospect of tougher lockdown measures.

Sun, 03 Jan 2021 17:01:40 GMT

Johnson to carry on as UK's PM

On Sunday, Boris Johnson stated that he intended to continue as the Prime Minister of the United Kingdom.

Sun, 03 Jan 2021 15:59:26 GMT

Digital currency Bitcoin surges above $30K

On Saturday, the world's most popular cryptocurrency Bitcoin traded above $30K for the first time, as investors and traders expecting the blockchain currency to become a mainstream payments method.

Sun, 03 Jan 2021 14:55:27 GMT

Facebook's ad integrity chief quits

The advertising integrity chief of Facebook, who handled ad products over sensitive subjects, including coronavirus misinformation and politics, left the company this week.

Sun, 03 Jan 2021 12:45:49 GMT

UK to tighten lockdown

The UK Prime Minister Boris Johnson stated on Sunday that the government most probably would be forced to tighten lockdown.

Sun, 03 Jan 2021 11:03:57 GMT

Tesla reaches delivery targets

On Sunday, Tesla Inc announced that its 2020 car deliveries appeared to be better than the Wall Street projections.

Sun, 03 Jan 2021 10:26:22 GMT

Christian Sewing calls for consolidation

Deutsche Bank's CEO Christian Sewing called on Sunday European financial actors for consolidation and said that the bank should take leading role it this process.

Sun, 03 Jan 2021 09:20:12 GMT

Investors keep bullish sentiment for 2021

The US stocks ended 2020 on a bullish note as many investors hope for political stability and economic recovery in 2021.

Sun, 03 Jan 2021 08:20:42 GMT

Saudi Arabia opens borders

On Sunday, the Saudi Arabian state news agency announced that the kingdom would reopen its borders.

Sun, 03 Jan 2021 06:41:54 GMT

Deutsche Bank CEO comments on banking system

The CEO of Deutsche Bank Christian Sewing stated on Sunday that the bank should have a significant role in the consolidation of European banks.

Sun, 03 Jan 2021 06:22:58 GMT

Mexico loses jobs to outsourcing

On Saturday, the President of Mexico Andres Manuel Lopez Obrador stated that the country had lost 277,000 jobs in December due to outsourcing.

Sun, 03 Jan 2021 05:30:00 GMT

Johnson could lose election

Reuters published a poll on Saturday, which claimed that the current UK Prime Minister Boris Johnson could lose the 2024 election.

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