News

Note: This section contains information in English only.
Thu, 10 Dec 2020 20:45:19 GMT

BP expands deal with Amazon

Oil major BP broadened its renewable energy supply agreement with Amazon.com to power Amazon Web Services and the US e-commerce company's operations in Europe.

Thu, 10 Dec 2020 19:46:01 GMT

Gilead to buy MYR for about €1.15B

Gilead Sciences announced that it will buy MYR for about €1.15B in cash, providing an access to the German biotech firm's treatment for a viral hepatitis.

Thu, 10 Dec 2020 19:04:48 GMT

Airbnb Inc valued at $101.6B

Shares of Airbnb jumped in their stock market debut, valuing the home rental company at $101.6B in the biggest US IPO.

Thu, 10 Dec 2020 18:25:39 GMT

Morgan Stanley to shift €100B to Germany

Morgan Stanley is set to shift around €100B in assets to Frankfurt from the UK in 2021, a consequence of Brexit, a source familiar with the matter stated.

Thu, 10 Dec 2020 16:52:35 GMT

Airbnb shares set to soar in market debut

On Thursday, Airbnb shares were set to surge in the largest US stock market debut this year, after opening at $149 apiece, compared to its initial IPO price of $68.

Thu, 10 Dec 2020 15:41:31 GMT

Facebook users face issues with its apps

On Thursday, Facebook confirmed that some of its users were facing troubles with sending messages on Instagram, Messenger and Workplace, the office collaboration service.

Thu, 10 Dec 2020 15:15:24 GMT

Tesla continues to drop

At the start of US trading, the stock price of Tesla continued its sharp decline, as the stock started the day with a -4.98% opening.

Thu, 10 Dec 2020 13:41:16 GMT

Spanish firms expect drop in Q4 revenues

According to the Bank of Spain survey, 45.9% of the Spanish firms expected a sharp decline in their Q4 revenues, while 48.5% actually reported a drop in their quarterly results.

Thu, 10 Dec 2020 13:02:37 GMT

Macron aims to complete EU budget deal

On Thursday, France's President Emmanuel Macron stated he had hopes for finalising a compromise over the EU budget in the nearest hours.

Thu, 10 Dec 2020 11:54:58 GMT

S&P DJI removes China firms after US order

On Thursday, S&P Dow Jones Indices removed some of the Chinese firms from he index products after the US order amid Sino-US tensions.

Thu, 10 Dec 2020 11:04:16 GMT

Crude oil surges

During Thursday's European trading hours, the prices for crude oil surged due to the expectations of a recovery in demand that would be caused by the coronavirus vaccinations.

Thu, 10 Dec 2020 10:05:52 GMT

EU COVID-19 vaccine data hit by cyberattack

The German drugmaker BioNTech and its US partner Pfizer reported that the development-related data of the COVID-19 vaccine was "unlawfully accessed" through a cyberattack on the European medicines regulator.

Thu, 10 Dec 2020 08:50:58 GMT

China's GWM to launch new EV brand

The Chinese carmaker Great Wall Motor is planning a new brand for smart and electric vehicles amid automakers' intention to pursue their growth in a new segment in the world's largest car market.

Thu, 10 Dec 2020 08:37:08 GMT

Airbnb sells shares above its IPO target

Airbnb sold its shares at $68 for a piece in the initial public offering, topping the targeted price range, as it sought to raise about $3.5 billion.

Thu, 10 Dec 2020 05:47:37 GMT

SoftBank shares up 14% on DoorDash gains

SoftBank Group shares grew 14% after the investment conglomerate gained $11.2B in the value of the company's stake in DoorDash.

Thu, 10 Dec 2020 04:56:56 GMT

Sony Corp to buy AT&T's animation business

Sony is set to buy AT&T's animation business Crunchyroll for $1.17B, aiming to strengthen its distribution business and entertainment content.

Thu, 10 Dec 2020 04:30:53 GMT

EU aims to slash airline emissions

The European Commission was drawing up a target for airlines to use more sustainable fuels, adding that considered 5% draft goal was too low.

Wed, 09 Dec 2020 21:46:12 GMT

Equinor, Scatec, Hydro to build solar farm

Equinor, renewables company Scatec and aluminium producer Norsk Hydro announced plan to jointly build a 480 MW solar farm located in Brazil.

Wed, 09 Dec 2020 21:18:43 GMT

Uber adds 2.4K US towns for delivery service

Uber Technologies stated that Uber Connect, the package delivery service, will be available in 2.4K new towns in the US.

Wed, 09 Dec 2020 20:29:07 GMT

DoorDash to raise nearly $3.4B in US IPO

DoorDash Inc stated that its shares were sold in IPO at $102 apiece, surpassing its upwardly revised target range, to raise $3.37B in the US market debut.

Wed, 09 Dec 2020 19:31:00 GMT

Peugeot increases stake in PSA

FFP, the holding company of Peugeot family, announced that it raised stake in France's carmaker PSA to 14.38%.

Wed, 09 Dec 2020 17:41:19 GMT

Honda suspends UK production

Honda Motor has temporarily halted its production at the British factory on Wednesday amid transport-related delays, which have caused parts shortage, the carmaker said.

Wed, 09 Dec 2020 16:44:10 GMT

Apple rolls out new AirPods Max

Apple released its new $549 worth AirPods Max wireless headset, pricier than some other popular devices made by Apple, as the tech giant seeks to boost the upcoming sales during the December holiday period.

Wed, 09 Dec 2020 16:17:50 GMT

Toyota launches new fuel cell vehicle

On Wednesday, Japan's Toyota Motor announced it had put on a sale its revamped hydrogen fuel cell vehicle "Mirai", with a 30% greater range, aiming to promote zero-emission technology due to electric cars' growing demand.

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