News

Thu, 11 Nov 2021 14:40:56 GMT

Daimler Truck plans listing

This week, Daimler Truck announced that the company would spin off from Daimler on December 10.

Thu, 11 Nov 2021 14:30:09 GMT

Uber is sued by US government

On Wednesday, the US Justice Department sued Uber Technologies over overcharging disabled clients and breaking federal law.

Thu, 11 Nov 2021 14:20:40 GMT

US Dollar reaches new high level

After passing the previous 2021 high and the 2020 September high levels, the US Dollar index continued to extend it gains during Thursday's trading hours.

Thu, 11 Nov 2021 12:30:09 GMT

SEC considers new rules for funds

The US Securities and Exchanges Commission revealed on Wednesday that the agency would consider new rules for private fund charges set on investors and performance measurements.

Thu, 11 Nov 2021 10:30:09 GMT

US judge pauses case against J&J

This week, a US bankruptcy judge set a 60 day halt on the tens of thousands of cases against Johnson & Johnson that claim that the company's talc products cause cancer.

Thu, 11 Nov 2021 08:30:10 GMT

US inflation causes USD spike

At 13:30 GMT, on Wednesday, the US statisticians published monthly US inflation data. The numbers were higher than forecast, which caused a spike in the value of the USD.

Thu, 11 Nov 2021 06:30:09 GMT

US inflation causes market decline

Higher than forecast US inflation data caused a global stock market sell off on Wednesday, as stock indices returned to November 3 levels.

Wed, 10 Nov 2021 15:07:41 GMT

Natural gas price extends decline

The previously reported decline of natural gas prices continued on Wednesday, as the commodity price reached late September low levels near $4.80.

Wed, 10 Nov 2021 15:04:12 GMT

US inflation data impacts markets

At 13:30 GMT, on Wednesday, the US statisticians published monthly US inflation data. The numbers were higher than forecast, which caused a short lived USD surge.

Wed, 10 Nov 2021 14:30:11 GMT

Nvidia launches new product

Nvidia has announced that the company would offer new autonomous driving software to car companies.

Wed, 10 Nov 2021 12:30:12 GMT

German exports decline

On Tuesday, German statisticians revealed that in September German exports had declined by 0.7%.

Wed, 10 Nov 2021 10:30:12 GMT

IMF comments on Gulf Cooperation Council reserves

This week, the International Monetary Fund announced that it expects the reserves of the Gulf Cooperation Council Countries to reach $300-$350 billion by 2024.

Wed, 10 Nov 2021 08:30:11 GMT

Saudi Arabian GDP recovers

Data published on Tuesday, revealed that the Saudi Arabian Gross Domestic Product had grown by 6.8% in the third quarter of 2021.

Wed, 10 Nov 2021 06:30:09 GMT

Renault CEO comments on costs

This week, the CEO of Renault Luca de Melo stated that the company would have to continue to cost cuts, if Renault wants to offer the best possible line-up for 2023-2025.

Tue, 09 Nov 2021 16:19:52 GMT

Tesla extends losses

On Tuesday, the stock price of Tesla continued to decline, as during the first hours of the day's trading the price reached the $1,035.00 level. The share price of the company began to fall, as the CEO Elon Musk announced that he would sell 10% of his TSLA assets to pay off taxes.

Tue, 09 Nov 2021 15:26:40 GMT

Natural Gas price falls

By the start of Tuesday's US trading hours, the price for Natural Gas had almost plummeted by 7.50%, as it reached the October 21 low level at $5.050. Since October 6, the price has been booking lower low and lower high levels.

Tue, 09 Nov 2021 15:01:53 GMT

General Electric stock jumps

Prior to the start of Tuesday's US trading hours, General Electric announced that the company would split into three separate entities. The news caused a stock surge, as the GE stock price jumped 7.31% and touched a new all-time-high level at $116.27.

Tue, 09 Nov 2021 14:30:07 GMT

Number of mergers surges in US

This week, the US Justice Department and Federal Trade Commission revealed that it had received notifications for more than 4,000 mergers in the period from March 2020 up to September 2021.

Tue, 09 Nov 2021 12:30:10 GMT

US consumers expect inflation

Data published by the New York Federal Reserve on Monday revealed that US consumers expect the annual inflation to increase to 5.7%, comparing October 2021 and October 2022.

Tue, 09 Nov 2021 10:30:08 GMT

German retail sector awaits Christmas

On Monday, the HDE industry association in Germany revealed that the German retail sector expects Christmas sales to rise this year to 111.70 billion EUR.

Tue, 09 Nov 2021 07:44:19 GMT

Bitcoin reaches new all-time-high level

On Tuesday, the price for Bitcoin reached the $68,530.00 level, as the price had been steadily surging since the middle of Friday. Since Friday, the price had gained more than 13.50%.

Tue, 09 Nov 2021 06:30:08 GMT

Oil surges due to US government

Since Monday, crude oil prices surged, as the new US infrastructure spending plan was expected to boost the demand for energy commodities.

Mon, 08 Nov 2021 18:26:58 GMT

McAfee goes private

This week, McAffee Corporation announced that a consortium of private US equity firms would take the company private.

Mon, 08 Nov 2021 17:26:42 GMT

AMD stock jumps more than 10.00%

On Monday, the price for AMD jumped 11.26% or $15.51. The surge occurred due to the company announcing that it had gained Meta Platforms as a data centre chip customer.

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