News

Note: This section contains information in English only.
Wed, 02 Sep 2020 15:45:19 GMT

Lego sales up 14% in H1

Sales of Lego surged 14% in the first six months of 2020, while revenue grew only 7% to nearly $2.5B, the Danish toymaker reported.

Wed, 02 Sep 2020 14:51:04 GMT

Netflix, NMG team up for Russian service

Russia's National Media Group and treaming giant Netflix established a partnership to run the US group's service in Russia.

Wed, 02 Sep 2020 14:33:04 GMT

Flipkart launches wholesale service in India

On Wednesday, Walmart's Flipkart has rolled out its online wholesale service on the back of the Indian company's plans to compete with Amazon in the e-commerce market.

Wed, 02 Sep 2020 13:13:36 GMT

Daimler to roll out new Mercedes-Benz S-Class

Daimler is set to launch its new Mercedes-Benz S-Class sedan on Wednesday, raising hopes the new model will return the German automaker to the profitability in 2021 after weak high-end car demand during the pandemic.

Wed, 02 Sep 2020 12:03:54 GMT

Citi China gets fund custody licence

China's Securities Regulatory Commission has granted Citigroup's Chinese unit with a local fund custody licence, according to the lender's statement made on Wednesday.

Wed, 02 Sep 2020 10:41:13 GMT

AT&T explores Xandr ad unit sale

AT&T is considering to sell Xandr advertising unit due to its restructuring plans to become a media and ad powerhouse transforming from the wireless carrier.

Wed, 02 Sep 2020 10:03:04 GMT

German publishes retail sales data

On Wednesday, the German retail sales data revealed a decline in July, which was not expected. Due to that reason a decline in EUR occurred.

Wed, 02 Sep 2020 08:47:03 GMT

Domino's names new permanent CFO

On Wednesday, Britain's Domino's Pizza Group has appointed Neil Smith as its permanent interim CFO to succeed David Bauernfeind, who passed away last year.

Wed, 02 Sep 2020 07:43:58 GMT

Nvidia unveils new gaming chips

Nvidia Corp unveiled new powerful gaming chips that had been designed by using Micron Technology's new memory tech and were manufactured by Samsung Electronics.

Wed, 02 Sep 2020 07:26:31 GMT

Ryanair's traffic rises 59% mom in August

Ryanair reported the number of passengers it flew surged 59% month-over-month to 7M in August after returning to more regular schedule; however, still marking a weaker reading compared to the prior year's same period.

Wed, 02 Sep 2020 06:26:44 GMT

Exxon considers global job trims

On Wednesday, Exxon Mobil announced it was considering potential global job cuts, after unveiling a voluntary programme of layoffs in Australia.

Wed, 02 Sep 2020 04:59:08 GMT

Maersk to slash jobs

Maersk announced on Tuesday that it would slash jobs in a major reorganization that would affect one-third of the company's staff.

Wed, 02 Sep 2020 03:59:16 GMT

US manufacturing activity hits 19-month high

According to the ISM data, the US manufacturing activity rose to a reading of 56.0 in August, the highest since January 2019.

Wed, 02 Sep 2020 03:01:09 GMT

Brazil's economy declines in Q2

According to the Brazilian government statistics agency IBGE, Brazil's gross domestic product declined by 9.7% in the Q2.

Wed, 02 Sep 2020 01:33:38 GMT

Chilean economic activity declines by 10.7% in July

Chile's Central Bank announced on Tuesday that economic activity declined by 10.7% in July, as the country remained under COVID-19 lockdown.

Tue, 01 Sep 2020 20:06:13 GMT

Portuguese economy contracts 16.3%

The Portuguese economy contracted 16.3% in the second quarter of 2020, compared to the same period the previous year, the Portuguese National Institute of Statistics reports.

Tue, 01 Sep 2020 19:21:08 GMT

Sri Lanka inflation declines to 4.1%

Inflation in Sri Lanka declined to 4.1% in August, compared to 4.2% in July, a statement published by the Central Bank of Sri Lanka shows.

Tue, 01 Sep 2020 17:42:29 GMT

Tesla unveils biggest program of new share sales

On Tuesday, Tesla Inc launched a $5 billion capital raise, as the company plans to use the proceeds to strengthen its balance sheet.

Tue, 01 Sep 2020 16:53:04 GMT

UK to urge people to return to workplaces

A spokesman for the UK Prime Minister Boris Johnson said that the government would launch a media campaign this week to urge workers to return to their workplaces.

Tue, 01 Sep 2020 15:59:48 GMT

Canada's factory activity surges in August

The IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI) surged to a two-year high in August.

Tue, 01 Sep 2020 15:00:45 GMT

Schlumberger announces sale of NA fracking unit

Schlumberger's shares fell by 1.7% to $18.56 on Tuesday after the company announced that it would sell the North American fracking unit to Liberty Oilfield Services.

Tue, 01 Sep 2020 13:42:29 GMT

Geely Auto aims for $3B listing

Geely Automobile Holdings aims to attract as much as $2.93B from a public sale of its shares on Shanghai's STAR Market, seeking for investment in new auto models and technologies.

Tue, 01 Sep 2020 13:34:23 GMT

Germany launches inquiry into Wirecard

German lawmakers have opened a parliamentary investigation on Tuesday into the payment company Wirecard's collapse to find out more about the country's largest corporate fraud since the WWII.

Tue, 01 Sep 2020 12:37:43 GMT

Tesla to attract $5B via share offering

On Tuesday, Tesla announced its plans to attract about $5B through the share sale programme that will be conducted by the Wall Street main brokerages.

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