News

Mon, 17 May 2021 14:00:07 GMT

Stocks pause surge

During Monday's European trading hours, stock indices across the world paused the previously started recovery.

Mon, 17 May 2021 13:00:09 GMT

Global luxury sales seen to recover

The global luxury sales could return to the pre-coronavirus levels already this year due to higher demand from shoppers in China and the United States, according to consultancy Bain.

Mon, 17 May 2021 12:00:10 GMT

Japan's MUFG tops profit forecast

On Monday, Mitsubishi UFJ Financial Group the Japanese top lender, reported a 47% surge in its annual profit, beating expectations, and anticipated its credit costs to decline in 2021 amid recovery from the pandemic.

Mon, 17 May 2021 11:00:07 GMT

Danone to appoint new CEO

Danone's board is set for a meeting scheduled on Monday to name Antoine de Saint-Affrique, the head of Barry Callebaut, as its new Chief Executive Officer, according to Le Figaro newspaper.

Mon, 17 May 2021 10:07:01 GMT

BA, Heathrow call on UK to ease restrictions

On Monday, the heads of London's Heathrow Airport and British Airways called on Britain's government to ease travel restrictions, urging to open up the major links to the United States and Europe.

Mon, 17 May 2021 09:00:12 GMT

AT&T nears deal to combine assets with Discovery

The US telecoms giant AT&Tis close to the deal to combine the HBO, CNN and other media assets with Discovery, the owner of popular lifestyle TV networks.

Mon, 17 May 2021 08:21:03 GMT

Ryanair hits record of annual losses

On Monday, Ryanair reported its record annual loss, hoping to break even next year as the carrier expects huge uncertainty regarding the COVID-19 restrictions lifting and demand for summer flights.

Mon, 17 May 2021 07:36:21 GMT

Gojek, Tokopedia announce tie-up

Gojek, Indonesia's ride-hailing and payments company, and the e-commerce leader Tokopedia are set for a multi-billion dollar business merger to create a technology champion called GoTo Group, marking the largest-ever deal signed in the country.

Mon, 17 May 2021 05:00:07 GMT

EU confident about economic recovery

The European Commission projects the EU economy to expand 4.2% in 2021 and 4.4% in 2022, data from the latest economic forecast report show.

Mon, 17 May 2021 04:00:11 GMT

UN chief calls for ceasefire between Israel-Palestine

United Nations Secretary-General Antonio Guterres called for an immediate ceasefire between Israel and Palestine.

Mon, 17 May 2021 03:00:07 GMT

Tesla may sell bitcoin holdings

Tesla CEO Elon Musk announced on Twitter that that the electric vehicle producer may sell its bitcoin holdings, pushing the price of the cryptocurrency down.

Sun, 16 May 2021 21:33:10 GMT

Pfizer boss against sharing vaccine formula

Pfizer's top UK executive Ben Osbor ruled out an intellectual property waiver for COVID-19 vaccine developed by the pharmaceutical company.

Sun, 16 May 2021 20:12:42 GMT

AT&T, Discovery hold negotiations

According to the Bloomberg report, AT&T and Discovery held talks to discuss possible combination of their content assets.

Sun, 16 May 2021 19:35:07 GMT

US producers call to lift duties

The US home constructors and legislators called Katherine Tai, the US Trade Representative, to abolish duties on Canadian lumber.

Sun, 16 May 2021 18:00:06 GMT

Bitcoin surges 5.6% on Sunday

On Sunday, Bitcoin soared as much as 5.63% to $49,337.72 during the start of the day, adding $2,628.83 to the cryptocurrency's previous close.

Sun, 16 May 2021 17:00:06 GMT

Chip deficit to hit 100K Mazda cars

Mazda Motor stated that the semiconductor chip shortage is likely to affect about 100K of the Japanese carmaker's vehicles around the world during the current year.

Sun, 16 May 2021 16:00:08 GMT

US seeks Boeing's jet inspections

The US Federal Aviation Administration has required US operators of 143 Boeing's 737 Classic series jets to inspect for potential wire failures after investigating into the Indonesian crash that took place in January.

Sun, 16 May 2021 14:54:30 GMT

ISS backs votes for Chevron's CEO

Institutional Shareholder Services, the influential proxy advisor, is recommending shareholders that they back Chevron's CEO Michael Wirth for his reelection to the board of the company and oppose the proposal for splitting the CEO-chairman role.

Sun, 16 May 2021 14:30:50 GMT

AT&T, Discovery discuss combining assets

AT&T has entered talks with Discovery over combining content assets, according to a Bloomberg report published on Sunday.

Sun, 16 May 2021 13:24:38 GMT

Austria's Kurz prepares for investigation

The Chancellor of Austria Sebastian Kurz stated on Sunday that he most probably would face charges over a false testimony but then eventually found non-liable.

Sun, 16 May 2021 12:38:19 GMT

US fuel shortage eases

The situation with gasoline shortage in the US East coast eased on Saturday as major pipeline returned back to work.

Sun, 16 May 2021 11:35:00 GMT

Bitcoin recovers 5.6%

On Sunday, the price of Bitcoin increased $2628.8 or 5.6% to $49337.7.

Sun, 16 May 2021 10:25:54 GMT

US orders to check Boeing 737

The US Federal Aviation Administration asked the carriers on Friday to check their Boeing 737 planes for wire failures.

Sun, 16 May 2021 09:37:40 GMT

Taiwan comments Lai's asset freeze

Taiwanese authorities stated on Saturday that Hong Kong's decision to freeze Jimmy Lai's assets was a sign that doing business in this territory represented a notable risk.

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