News

Tue, 18 May 2021 06:29:36 GMT

AT&T, Discovery merge their media assets

Warner Bros and HBO studios owner AT&T is set to combine media assets with the streaming and cable network Discovery to create streaming powerhouse, according to the US telecoms giant's statement made on Monday.

Tue, 18 May 2021 05:00:09 GMT

J&J cuts deliveries to Europe

Johnson & Johnson revealed on Monday that this week the company would cut its deliveries to Europe by half.

Tue, 18 May 2021 04:00:08 GMT

Wells Fargo launches new plan

On Monday, Wells Fargo announced a new 10-year plan that would boost banking service consumption among unbanked US individuals.

Tue, 18 May 2021 03:00:08 GMT

AirBnB shares drop

During Monday's US trading hours, the stock price of AirBnB dropped, as company insiders were allowed to sell their stock holdings.

Tue, 18 May 2021 02:00:08 GMT

Clarida comments on economy

On Monday, the Vice Chairman of the US Federal Reserve Richard Clarida stated that the US economy could grow by 7.00% during 2021.

Mon, 17 May 2021 20:00:08 GMT

Harley Davidson shares hit high level

The stock price for Harley Davidson hit an all time high on Monday, as the price reached above the 51.30 level.

Mon, 17 May 2021 19:00:08 GMT

ECB comments on lending

On Monday, the European Central Bank announced that a third of all euro zone loans were exposed to climate hazards.

Mon, 17 May 2021 18:00:07 GMT

Shares of Next Digital suspended

On Monday, shares of Next Digital Ltd were halted after the Chinese authorities froze the assets of its founder Jimmy Lai.

Mon, 17 May 2021 17:00:08 GMT

Foxconn, Stellantis to announce partnership

Foxconn and automaker Stellantis will announce a new strategic partnership on May 18, both companies stated on Monday.

Mon, 17 May 2021 16:00:09 GMT

China's factory activity slows in April

As reported by the Chinese National Bureau of Statistics on Monday, China's factory output grew by 9.8% in April, slower than the 14.1% surge in March.

Mon, 17 May 2021 15:00:08 GMT

UA to add over 400 daily flights in July

United Airlines will add over 400 daily flights to its schedule in July, the airline company announced on Monday.

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.

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