News

Note: This section contains information in English only.
Wed, 17 Feb 2021 14:57:13 GMT

OPEC chief sees recovery in 2021

OPEC's secretary general stated he was optimistic about 2021 recovery following the drop in oil demand and prices caused by the COVID-19 pandemic.

Wed, 17 Feb 2021 14:34:36 GMT

News Corp inks deal with Google

On Wednesday, News Corp announced it had inked a three-year partnership agreement with Google the company's news products sale to Google's news platform.

Wed, 17 Feb 2021 13:36:08 GMT

Shopify Q4 revenue tops Wall Street's estimates

On Wednesday, Shopify reported its Q4 revenue almost doubled to $977.7M, topping the Wall Street forecasts of $910.2M, as more businesses switched to its e-commerce tools for selling online during the pandemic.

Wed, 17 Feb 2021 12:22:51 GMT

Google to support pandemic-hit SMEs

Google is set to tie up with the EIF and two Asian and Latin American organisations to invest $75M in small- and medium-sized enterprises hit by the COVID-19 pandemic.

Wed, 17 Feb 2021 10:49:41 GMT

Gucci stock plummets on earnings

On Wednesday, the stock price of Gucci brand owner Kering plummeted by 7.20% at the European market open due to the company reporting lower than forecast earnings and a lag behind its competition.

Wed, 17 Feb 2021 09:52:12 GMT

ByteDance has no plans for TikTok listing

On Wednesday, ByteDance denied the report that it had been in preliminary talks about TikTok potential listing on the NYSE.

Wed, 17 Feb 2021 09:17:02 GMT

Amazon to become Torc Robotics' cloud provider

On Wednesday, Daimler's division Torc Robotics announced it had chosen Amazon's cloud computing unit for its self-driving trucks to handle huge data amounts in real time amid tests in Virginia and New Mexico.

Wed, 17 Feb 2021 08:03:04 GMT

Gucci Q4 sales miss forecasts

Kering's Gucci sales dropped more than anticipated in the Q4, hit by the coronavirus pandemic that prevented consumers from travelling and shopping abroad.

Wed, 17 Feb 2021 07:33:58 GMT

Honda to appoint new CEO

Honda Motor is planning to appoint the carmaker's R&D chief Toshihiro Mibe as a new CEO, Reuters reported on Wednesday.

Wed, 17 Feb 2021 05:52:53 GMT

CoStar makes $6.9B counterbid for CoreLogic

On Tuesday, CoStar Group announced that it has made a $6.9 billion offer for each share of CoreLogic Inc.

Wed, 17 Feb 2021 05:01:24 GMT

Palantir signals slower revenue growth in 2021

Shares of Palantir Technologies fell by 9% to $28.60 on Tuesday after the Denver-based data analytics company warned that revenue growth would stall in 2021.

Wed, 17 Feb 2021 03:54:59 GMT

EZ's Q4 GDP falls less than initially expected

According to data from Eurostat, Eurozone's gross domestic product declined less than earlier estimated in the Q4.

Wed, 17 Feb 2021 02:31:00 GMT

Bitcoin price soars above $50,000

On Tuesday, Bitcoin cryptocurrency rose above $50,000 for the first time, as major companies showed support for digital currencies.

Tue, 16 Feb 2021 21:27:14 GMT

FedEx comments on weather

On Tuesday, FedEx Corporation announced that a big portion of its US operations were disrupted by bad weather.

Tue, 16 Feb 2021 19:41:18 GMT

MicroStrategy borrows to buy BTC

It was revealed by MicroStrategy on Tuesday that the company would raise $600 million through convertible notes to buy Bitcoins.

Tue, 16 Feb 2021 19:30:39 GMT

Bullard comments on economy

On Tuesday, the President of St. Louis Federal Reserve James Bullard stated that the growth of the US economy could outpace Chinese economic growth.

Tue, 16 Feb 2021 18:14:07 GMT

Oil prices trade at high level

During Tuesday's trading hours, crude oil price benchmarks remained near 13-month high levels, as Texas cut production.

Tue, 16 Feb 2021 16:45:17 GMT

Wall Street reaches new record high

At the start of Tuesday's US trading hours, US stock indices started the day by setting new all-time-high records.

Tue, 16 Feb 2021 14:41:36 GMT

General Motors stock recovers

At the start of Tuesday's US trading hours, the stock price of General Motors continued its recovery from the last week's earnings announcement drop.

Tue, 16 Feb 2021 14:29:23 GMT

Bitcoin pierces 50,000.00 mark

During Tuesday's trading, the price for Bitcoin was booking higher all-time highs, as the price reached above the 50,000.00 level.

Tue, 16 Feb 2021 14:12:58 GMT

Adidas plans Reebok divestment

On Tuesday, Adidas AG, the German sportswear maker, announced its plans to divest Reebok, its undeperforming brand that Adidas had failed to revive.

Tue, 16 Feb 2021 12:52:51 GMT

Goldman Sachs rolls out Marcus Invest

Goldman Sachs Group has unveiled Marcus Invest, an automated wealth-management service, to invest consumer funds across the managed portfolios, the lender announced on Tuesday.

Tue, 16 Feb 2021 12:36:36 GMT

Palantir's Q4 revenue soars 40%

On Tuesday, Palantir Technologies reported a 40% surge in its Q4 revenue to $322.1M, after the US data analytics firm went public in September 2020.

Tue, 16 Feb 2021 10:58:14 GMT

Bank of Japan continues stimulus

On Tuesday, the Governor of the Bank of Japan Haruhiko Kuroda stated that the central bank has no plans to reduce ETF buying.

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