News

Note: This section contains information in English only.
Mon, 15 Feb 2021 14:40:41 GMT

Siemens Healthineers' Varian deal to get approval

The EU antitrust watchdog is set to grant its approval to Siemens Healthineers' $16.4B bid for Varian Medical Systems, according to Reuters.

Mon, 15 Feb 2021 14:03:40 GMT

Rolls-Royce appoints new CFO

UK's Rolls-Royce appointed the former Deloitte's head Panos Kakoullis as the company's Chief Financial Officer, in attempts to ride out the coronavirus pandemic.

Mon, 15 Feb 2021 12:00:01 GMT

JLR car range to become fully electric

Jaguar Land Rover's vehicle range is set to become fully electric in less than ten years, by 2030, due to the carmaker's intention to avoid potential bans on new fossil-fuel car sales.

Mon, 15 Feb 2021 11:05:10 GMT

Crude oil reaches high level

During Monday's European trading hours, the price for crude oil resumed its surge, as price benchmarks reached a 13-month high level.

Mon, 15 Feb 2021 09:41:55 GMT

Appeals court blocks ConocoPhillips Alaska project

On Monday, an appeals court halted the construction of ConocoPhillips' Willow crude oil project worth over $2.0B in Alaska, according to Reuters.

Mon, 15 Feb 2021 09:10:49 GMT

Australia's Seven inks deal with Google

The Australian major news outlet Seven West Media has signed a licensing news agreement with Google, following the government's request the internet titans to pay media firms for content.

Mon, 15 Feb 2021 07:58:54 GMT

Daimler calls off 1.2M US cars

Daimler's Mercedes-Benz is recalling 1.29M vehicles sold in the United States since 2016 due to software issue of failing to communicate the correct location of a car in the crash event.

Mon, 15 Feb 2021 07:37:53 GMT

Nissan dismisses rumours over Apple tie-up

On Monday, Nissan Motor stated it was not in discussions with Apple, dismissing rumours about the iPhone maker approaching the Japanese carmaker over a potential tie-up for the self-driving car project.

Mon, 15 Feb 2021 05:49:30 GMT

Asian shares hit record highs

On Monday, Asian shares advanced to all-time highs. MSCI's broadest index of Asia-Pacific shares outside Japan jumped by 0.40%, while E-mini futures for the S&P 500 were up by 0.30%.

Mon, 15 Feb 2021 05:01:08 GMT

Japanese shares hit over 30-year highs

On Monday, the Japanese stocks hit more than thirty-year highs. The Nikkei Index surged by 1.08% at 01:52 GMT, with healthcare and energy shares leading gains.

Mon, 15 Feb 2021 04:04:42 GMT

Rolls-Royce to appoint Kakoullis as CFO

Rolls-Royce Holdings will appoint Panos Kakoullis as Chief Financial Officer as soon as February 15, Sky News announced on Sunday.

Mon, 15 Feb 2021 02:32:36 GMT

Portugal's FM says TAP may need more aid

On Sunday, the Portuguese Finance Minister Joao Leao said that the government may have to provide more financial aid to TAP Air in 2021 due to the COVID-19 pandemic.

Sun, 14 Feb 2021 21:22:09 GMT

Disney Q1 revenue declines

Revenue of the Walt Disney Company declined 22% to $16.24B in the first quarter of 2020, compared to the same period the previous year, official data show.

Sun, 14 Feb 2021 19:52:31 GMT

Citigroup cuts CEO salary

Remuneration of Citigroup's outgoing Chief Executive Officer Michael Corbat declined to $19M in 2020, a 21% drop from 2019, data published by the bank show.

Sun, 14 Feb 2021 19:18:51 GMT

US consumer sentiment declines

US consumer sentiment unexpectedly declined in February amid pessimism about the economy, data published by the University of Michigan show.

Sun, 14 Feb 2021 18:00:17 GMT

IMF: G7 in full alignment on vaccines, stimulus

G7 finance leaders are in "full alignment" on a range of issues, including fiscal stimulus and vaccine distribution, the International Monetary Fund Managing Director Kristalina Georgieva says.

Sun, 14 Feb 2021 17:11:09 GMT

Facebook to offer smartwatch

Facebook plans to offer its users a smartwatch with fitness and health features the next year, according to people with knowledge of the matter.

Sun, 14 Feb 2021 15:58:58 GMT

UK economy contracts 10%

The UK economy contracted 9.9% in 2020 amid the COVID pandemic, the biggest crash in more than 300 years, data published by the Office for National Statistics show.

Sun, 14 Feb 2021 14:57:38 GMT

BofA: $58.1B pours into equity funds

A record $58.1B poured into equity funds over the last week as investors relocate their assets, weekly fund flow data published by the BofA show.

Sun, 14 Feb 2021 14:28:53 GMT

PayPal unlikely to invest in crypto currencies

PayPal Holdings is not likely to invest its own cash in crypto currencies such as bitcoin, the PayPal Chief Financial Officer John Rainey says.

Sun, 14 Feb 2021 13:34:06 GMT

Morgan Stanley considers BTC for clients

The investment arm of Morgan Stanley considers adding crypto currency bitcoin to the list of possible assets for its investors, a report published by Bloomberg News shows.

Sun, 14 Feb 2021 12:03:14 GMT

UK's PM to host virtual G7 leaders meeting

The Downing Street announced on Saturday that the UK Prime Minister Boris Johnson would host virtual G7 leaders meeting next week.

Sun, 14 Feb 2021 11:27:58 GMT

EU to fast track approval of COVID-19 vaccines

On Sunday, the European Union Health Commissioner Stella Kyriakides announced that the EU would speed the approval process of variant-modified COVID-19 vaccines.

Sun, 14 Feb 2021 09:58:10 GMT

President Biden says US democracy is fragile

On Saturday, the US President Joe Biden urged Americans to defend democracy following the US Senate's acquittal of Donald Trump in the second impeachment trial.

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