News

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.

Tue, 16 Feb 2021 09:44:41 GMT

Amazon India to launch TV streaming device

Amazon.com is planning the TV streaming device to be launched in India in 2021 through the contract manufacturer Foxconn's unit, according to the US online retail giant's statement seen on Tuesday.

Tue, 16 Feb 2021 09:36:36 GMT

UK CMA concerned over eBay-Adevinta deal

The British competition authority is concerned over the Norwegian firm Adevinta's purchase of eBay-owned classified ads business for $9.2B, sending Adevinta's stock lower.

Tue, 16 Feb 2021 06:30:55 GMT

EU discusses lockdowns

On Monday, the Finance Ministers of the European Union discussed, when could pandemic lockdowns be lifted.

Tue, 16 Feb 2021 04:40:31 GMT

EU comments on economic guidance

The European Commission announced on Monday that they would issue new budget guidance rules in spring. This announcement prolonged the ongoing stimulus.

Tue, 16 Feb 2021 04:31:07 GMT

Eurogroup comments on economy

On Monday, the Chairman of the Ministers of the Euro Zone stated that stimulus for Europe should remain as long as required.

Mon, 15 Feb 2021 21:39:23 GMT

European stocks surge

During Monday's European trading, stock indices surged, as European governments stated that stimulus should go on.

Mon, 15 Feb 2021 21:06:18 GMT

Mitchells & Butlers to raise £350M

The British pub operator Mitchells & Butlers is set to raise £350M in new equity within a deal with creditors and the main investors, which also included £150M in new credit lines.

Mon, 15 Feb 2021 19:44:20 GMT

Saudis limit foreign firms cooperation

Saudi Arabia is set to no longer ink contracts with foreign firms which do not have a headquarters in the country after 2023, official sources said.

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