News

Thu, 14 Jul 2022 10:30:08 GMT

Samsung negotiates with Tesla

Samsung Electro-Mechanics has revealed that the company would negotiate with Tesla about possibly supplying camera modules.

Thu, 14 Jul 2022 06:30:09 GMT

China tightens credit card rules

Chinese authorities have revealed new and stricter rules that would regulate the country's $1.3 trillion credit card sector.

Wed, 13 Jul 2022 12:30:07 GMT

Celsius Network is sued by client

The crypto lender Celsius Network has been sued by a former client. The firm is being accused for rigging prices and failing to hedge risks, which resulted in a freeze of client funds.

Wed, 13 Jul 2022 10:30:07 GMT

NAB fails to report transactions

The Reserve Bank of New Zealand has revealed that the National Australia Bank's New Zealand unit has failed to report nearly 50,000 transactions, as set by AML and counter-terrorism laws.

Wed, 13 Jul 2022 06:30:09 GMT

BoJ raises inflation forecast

The Bank of Japan has announced that it expects inflation in Japan to eventually slightly top the 2.00% mark.

Tue, 12 Jul 2022 14:30:06 GMT

Boeing comments on 737 MAX 10

The CEO of Boeing has revealed to Aviation Week that due to issues with regulation the company might cancel the 737 MAX 10 airplane.

Tue, 12 Jul 2022 10:30:08 GMT

Irish regulator addresses Facebook's data

The Irish data privacy authorities have commented that they have moved closer to legislation, which would ban Meta from transferring Facebook data between EU-US servers.

Tue, 12 Jul 2022 06:30:27 GMT

Twitter removes spam accounts

Twitter has announced that the company has been removing 1 million spam accounts per day, as it battles automated bots.

Mon, 11 Jul 2022 14:30:06 GMT

Airbnb provides information to authorities

An EU court adviser has revealed that Airbnb would be obliged to provide tax authorities with contract information.

Mon, 11 Jul 2022 10:30:05 GMT

HSBC head of department quits

The Head of Responsible Investing of HSBC Asset Management Stuart Kirk has left the bank in the aftermath of controversy about his comments that global authorities had exaggerated financial risks of climate change.

Mon, 11 Jul 2022 06:30:07 GMT

Merck aims to buy Seagen

The Wall Street Journal has revealed that Merck is in talks with Seagen about a $40 billion acquisition of the company.

Fri, 08 Jul 2022 14:30:07 GMT

Bond investors expect inflation

The Russel survey has revealed that bond investors expect inflation in the United States to remain high for a longer time period than previously expected.

Fri, 08 Jul 2022 12:35:31 GMT

Markets react to US Employment data

At 12:30 GMT, the global markets reacted to the better than forecast US employment data with a major surge of the US Dollar. Subsequently assets that are traded against it plummeted.

Fri, 08 Jul 2022 12:30:06 GMT

Canadian Dollar eases its surge

A Reuters poll revealed this week that the surge of the value of the Canadian Dollar is expected to decrease, as the global economic slowdown would decrease the demand for commodities.

Fri, 08 Jul 2022 10:30:05 GMT

Lufthansa staff issue announcement

On Thursday, Lufthansa staff called for an end to cost-cutting at the company, as it would increase the chaos at airports.

Fri, 08 Jul 2022 08:30:06 GMT

Samsung reveals record profits

In the second quarter of 2020, Samsung profits hit a high not seen since 2018, as chips boosted sales.

Fri, 08 Jul 2022 06:30:05 GMT

Euro volatility increases

This week, as the Euro reached a two-decade-low level, the currency increased its volatility to levels not observed since March of 2020.

Thu, 07 Jul 2022 14:30:08 GMT

EU invests in top power plant

Reuters has revealed that the European Union intends to become the top investor in the world's tallest hydro dam in Tajikistan.

Thu, 07 Jul 2022 12:30:08 GMT

Tesla increases production in China

CPCA has announced that in accordance with its estimates Tesla produced 78,000 vehicles in China in June, which, compared to May, is an increase of 142%.

Thu, 07 Jul 2022 10:30:06 GMT

Frankfurt Airport comments on staff

This week, Frankfurt Airport operator Fraport revealed that the firm expects staff shortages to continue to disrupt operations during the upcoming months.

Thu, 07 Jul 2022 08:30:07 GMT

German industry recovers

Data for May has revealed that industrial orders in Germany have recovered and reversed a previous downward trend.

Thu, 07 Jul 2022 06:30:07 GMT

Norway restores oil and gas production

On Wednesday, Equinor announced that all the strike affected oil and gas fields would be at full production back in a few of days.

Wed, 06 Jul 2022 14:30:07 GMT

Airbus cancels deal with Qatar

This week, Airbus announced that the company would revoke its contract for a fourth order of A350 airplane delivery to Qatar Airways.

Wed, 06 Jul 2022 12:30:06 GMT

China invests in infrastructure

Reuters revealed this week that the Chinese government intends to invest additional $75 billion in infrastructure in an effort to revive the economy.

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