News

Mon, 08 Feb 2021 19:44:37 GMT

Renesas buys Dialog in €4.9B deal

Renesas Electronics agreed to acquire Dialog Semiconductor for €4.9B in cash, strengthening its stance in low-power technology and connectivity through smart devices, cars and industry.

Mon, 08 Feb 2021 18:55:17 GMT

Airbnb to control short lets in France

Airbnb announced its intention to tighten control over short-term rentals in several cities in France by deleting those without official registration numbers.

Mon, 08 Feb 2021 18:24:48 GMT

Porsche to build assembly plant in Malaysia

Porsche AG is expected to set a new assembly factory in Malaysia within a partnership with Sime Darby Bhd's automotive business, The Edge Weekly reported.

Mon, 08 Feb 2021 16:51:52 GMT

Asia's chipmakers to expand output capacity

Asian chipmakers aim to boost their output capacity in order to meet a worldwide chip shortage that affected carmakers, warning the supply gap could take months to fill due to strong demand.

Mon, 08 Feb 2021 15:49:26 GMT

GameStop shares soar 11%

Shares of GameStop, the videogame retailer, surged as much as 11% in Monday's early deals, despite the recent Reddit trading mania calmed.

Mon, 08 Feb 2021 15:06:44 GMT

Bicoin reaches new record

During Monday's trading, the price of Bitcoin almost reaches 45,000.00, as Tesla announced that it would accept the currency as payment.

Mon, 08 Feb 2021 14:20:16 GMT

Tesla stock jumpes on Monday

At the start of US trading, the stock price of Tesla surged by 2.29%, as the company announced that in the future it would accept Bitcoin as payment.

Mon, 08 Feb 2021 11:27:58 GMT

Oil trades above $60

During Monday's European trading hours, the prices for oil reached above the $60 mark, as demand was expected to return in 2021.

Mon, 08 Feb 2021 09:57:35 GMT

Asian shares edge higher

On Monday, Asian shares remained near record levels. MSCI's broadest index of Asia-Pacific shares outside Japan was last up by 0.30% at 717.2.

Mon, 08 Feb 2021 09:01:24 GMT

Blackstone commits $150M to ApaH Capital

According to sources with knowledge of the matter, the world's largest hedge fund investor Blackstone Group is investing $150M in new hedge fund ApaH Capital.

Mon, 08 Feb 2021 07:59:30 GMT

China hits Vipshop with $464K fine

On Monday, the Chinese authorities slapped Vipshop Holdings with a $464,000 fine, as the online retailer was punished for violating the unfair competition law.

Mon, 08 Feb 2021 07:00:41 GMT

Dialog in talks with Renesas about $6B sale

On Sunday, Dialog Semiconductor confirmed that it was in high-level discussions with Renesas Electronics about a possible $6 billion sale.

Mon, 08 Feb 2021 06:02:25 GMT

Yellen comments on recent market volatility

On Sunday, the US Treasury Secretary Janet Yellen stated that it is too early to say if changes are needed to address the recent financial market volatility.

Mon, 08 Feb 2021 05:02:03 GMT

KIA, Hyundai shares decline

Shares of Hyundai Motor and KIA Corp edged lower on Monday after the automakers confirmed that it is not in discussions with Apple Inc to develop autonomous electric vehicles.

Mon, 08 Feb 2021 04:01:31 GMT

Bank of Israel buys $6.8B of foreign currency

On Sunday, the Israeli Central Bank announced that it purchased $6.8 billion of forex last month, as Israel's Shekel hit 3.11 per US Dollar on January 14, the strongest level since April 1996.

Mon, 08 Feb 2021 02:34:06 GMT

Exports from UK to EU decline by 68%

The International members at the Road Haulage Association reported that exports from the United Kingdom to the EU declined by 68% last month.

Sun, 07 Feb 2021 21:16:28 GMT

Dialog holds talks with Renesas

Dialog Semiconductor stated on Sunday that it was in the process of negotiations with Renesas about a possible $6B sale.

Sun, 07 Feb 2021 20:37:39 GMT

Rolls-Royce to put on hold part of business

Rolls-Royce made a decision to put on hold the work of its civil aerospace unit for two weeks in summer.

Sun, 07 Feb 2021 19:03:50 GMT

Argentina continues talks with IMF

The President of Argentina Alberto Fernández stated on Sunday that the International Monetary Fund (IMF) must offer more flexible terms or the government would be forced to raise taxes.

Sun, 07 Feb 2021 18:00:51 GMT

China releases new anti-monopoly rules

On Sunday, the Chinese market regulator issued new anti-monopoly rules that target China's tech giants.

Sun, 07 Feb 2021 16:57:13 GMT

Telenor restores internet access in Myanmar

On Sunday, the Norwegian telecommunications company Telenor announced that it has restored Myanmar's internet access.

Sun, 07 Feb 2021 15:59:26 GMT

Khamenei says US must lift sanctions

On Sunday, the Iranian Supreme Leader Ayatollah Ali Khamenei stated that the United States must lift all sanctions before Iran return to the 2015 nuclear agreement.

Sun, 07 Feb 2021 15:00:25 GMT

Ecuador votes for new president

On Sunday, Ecuadorians went to the polls to elect a new president with several voters weary of economic austerity rules and leaned towards socialism.

Sun, 07 Feb 2021 14:00:38 GMT

Tens of thousands protest Myanmar's military coup

On Sunday, tens of thousands of protesters took to the streets of Myanmar's largest city to opposed the military coup and demanded the release of ousted civilian leader Aung San Suu Kyi.

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