News

Note: This section contains information in English only.
Wed, 02 Dec 2020 19:12:47 GMT

Amazon considers buying Wondery

Amazon.com was in talks to acquire podcast startup Wondery valued at more than $300M, the WSJ reported citing sources familiar with the matter.

Wed, 02 Dec 2020 18:01:41 GMT

France car sales decline 27% in November

Car sales in France contracted 27.03% in November, compared to the same period in 2019, data released by the Automobile Manufacturers Committee show.

Wed, 02 Dec 2020 17:07:52 GMT

Chilean economy contracts 1.2% in October

The economy of Chile contracted 1.2% in October, compared to the same month in 2019, a report published by the Central Bank of Chile shows.

Wed, 02 Dec 2020 16:33:01 GMT

Canadian economy expands 40.5% in Q3

The Canadian economy expanded 40.5% in the third quarter of the current year, compared to the previous quarter, data published by the Statistics Canada show.

Wed, 02 Dec 2020 15:10:43 GMT

UK approves Pfizer vaccine

The government of the United Kingdom on Wednesday approved the Covid-19 vaccine of Pfizer.

Wed, 02 Dec 2020 13:41:38 GMT

Xiaomi shares plummet

On Wednesday, the share price of Xiaomi dropped by more than seven percent, as the company finished a $3.91 billion fund raising project.

Wed, 02 Dec 2020 13:07:20 GMT

SPAC seeks to attract $500M in IPO

ION, the financial software group, is sponsoring a $500M worth IPO of SPAC, the special purpose acquisition company, seeking to invest in the fintech and services.

Wed, 02 Dec 2020 11:50:39 GMT

Euro zone PPI rises last month

The Euro zone's producer price index surged more than anticipated month-over-month in October, while unemployment dropped due to the economic recovery before the coronavirus second wave struck.

Wed, 02 Dec 2020 11:03:02 GMT

Nissan to establish new business unit

Nissan Motor, the Japanese automotive group, is setting up a new business unit for the African region, seeking to bolster the production capacity as well as expand in the world's largest undeveloped new vehicle market.

Wed, 02 Dec 2020 10:11:41 GMT

Airbnb seeks $35B valuation in IPO

Airbnb is seeking a valuation worth up to $34.8B in its long-awaited initial public offering, hoping for the business recovery after the coronavirus crisis earlier this year.

Wed, 02 Dec 2020 09:21:07 GMT

Asian shares rise on US stimulus hopes

On Wednesday, Asian shares bounced following Wall Street's strong lead, driven by hopes for extra US economic stimulus as well as the coronavirus vaccine.

Wed, 02 Dec 2020 07:41:31 GMT

Hyundai to roll out EV platform in 2021

On Wednesday, Hyundai Motor Group announced it would launch an electric car-only platform at the start of 2021 that would use its own-developed battery technology to trim production costs and time.

Wed, 02 Dec 2020 06:57:44 GMT

Salesforce to acquire Slack for $27.7B

Salesforce.com is set to acquire Slack Technologies, the workplace messaging app, in a $27.7B worth deal, the largest acquisition made by the cloud-computing company as it aims at the remote working extension.

Wed, 02 Dec 2020 06:08:21 GMT

Australian GDP rebounds in Q3

According to figures released by the Australian Bureau of Statistics on Wednesday, Australia's gross domestic product rose by 3.3% in the third quarter.

Wed, 02 Dec 2020 05:04:51 GMT

ConocoPhillips to lay off about 500 workers

ConocoPhillips, America's largest independent oil producer announced on Tuesday that it would layoff about 500 of its Houston employees.

Wed, 02 Dec 2020 04:05:02 GMT

Chile plans to seal free-trade accord with EU

Chile plans to secure a modernised free trade agreement with the European Union by early 2021, the Chilean Deputy Minister of Trade Rodrigo Yanez said on Tuesday.

Wed, 02 Dec 2020 02:33:07 GMT

Nasdaq, S&P 500 hit record high

On Tuesday, the Nasdaq Composite and the S&P 500 surged to record highs, as coronavirus vaccine optimism lifted the US stocks.

Tue, 01 Dec 2020 20:48:19 GMT

Wizz Air seeks to expand in Norway

Wizz Air is set to expand in Norway to benefit from a shift towards domestic tourism caused by the coronavirus pandemic, the CEO stated.

Tue, 01 Dec 2020 19:45:45 GMT

HSBC raises stake in Saudi British Bank

HSBC purchased additional shares in Saudi British Bank, raising its shareholding in the Saudi lender from 29.2% to 31%, the bank stated.

Tue, 01 Dec 2020 18:48:54 GMT

Amazon, BlackBerry team up for car platform

Amazon and BlackBerry developed a cloud-based platform designed to help suppliers and automakers standardize card data and fasten deployment of new features and services.

Tue, 01 Dec 2020 17:58:35 GMT

Airbnb aims for almost $35B valuation in IPO

Airbnb announced its intention to get a nearly $35B valuation in the US IPO this year after the home rental company was ravaged by the coronavirus crisis.

Tue, 01 Dec 2020 16:46:29 GMT

Poste Italiane to receive €1.3B compensation

The European Commission authorised compensation of €1.3B to Poste Italiane granted by the Italian government to fulfil the firm's public service mission, a statement showed.

Tue, 01 Dec 2020 15:58:10 GMT

Jacobs Engineering buys stake in PA Consulting

Jacobs Engineering announced that it would buy a stake of 65% in PA Consulting, expecting the management consultancy company at a £1.83B enterprise value.

Tue, 01 Dec 2020 14:53:41 GMT

Fiat to electrify majority of its cars

Fiat Chrysler's brand Fiat is planning to electrify 60% of its vehicle models by the 2021-end, according to the EMEA Head Luca Napolitano statement made on Tuesday.

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