News

Fri, 09 Oct 2020 15:46:22 GMT

Apple plans free extension of subscription

Apple announced it was planning to extend its free Apple TV+ subscriptions that would have ended during the following three months until February 2021.

Fri, 09 Oct 2020 15:35:09 GMT

Nokia wins 5G contracts in Belgium

Proximus and Orange selected Nokia for building the Belgian 5G networks after they dropped Huawei due to the US pressure to exclude China's tech company from supplying the major telecoms equipment.

Fri, 09 Oct 2020 14:16:06 GMT

Rolls Royce's shares hit weekly record

On Friday, Rolls Royce shares have hit their weekly record high since the 1987 listing as the UK jet engine maker's plan on raising money to battle the COVID-19 travel crisis drove bargain hunting among its investors.

Fri, 09 Oct 2020 13:36:29 GMT

Ryanair expects return of 737 MAX jets

Ryanair is expecting Boeing's struggling 737 MAX jets to return to the service in the US next month, leading the way for Ryanair to receive first planes at the beginning of 2021.

Fri, 09 Oct 2020 11:45:16 GMT

LSE agrees on Borsa Italiana sale

Euronext is set to acquire Borsa Italiana from LSE in a cash-deal worth $5.1B, amid expansion of the EU trading platforms network owned by the French operator.

Fri, 09 Oct 2020 09:41:02 GMT

Oil prices continue surge

During Friday's European trading hours, crude oil prices continued to surge due to US and Norwegian production outages.

Fri, 09 Oct 2020 08:45:28 GMT

BOJ to launch CBDGs tests

The Bank of Japan is set to launch tests on issuing CBDGs (central bank digital currencies) in the nearest time during the 2021 fiscal year, according to the central bank's statement made on Friday.

Fri, 09 Oct 2020 07:53:45 GMT

HSBC aims at net zero emissions in 30 years

HSBC is seeking to switch to the net-zero carbon emissions within the entire base of customers by 2050, planning to provide up to $1 trillion in financial help to clients for the successful transition.

Fri, 09 Oct 2020 06:47:50 GMT

Orange Belgium set for replacing Huawei gear

The Belgian Orange venture and telecom operator Proximus are planning to replace the mobile equipment made by Huawei in Luxembourg and Belgium with Nokia gear.

Fri, 09 Oct 2020 06:18:56 GMT

Waymo launches autonomous robo-taxi service

Waymo is set to reopen and expand its driverless robo-taxi service in Phoenix within a few weeks, the self-driving vehicle tech unit reported on Thursday.

Fri, 09 Oct 2020 04:47:15 GMT

Alaska Airlines considers 737 MAX order

Boeing Co has entered talks with Alaska Airlines over potential sale of its 737 MAX jets once the airplane returns to service after a long-lasting grounding.

Fri, 09 Oct 2020 03:49:10 GMT

WarnerMedia plans major layoffs

AT&T Inc's WarnerMedia will reduce costs by 20% amid restricting plan that would lead to layoffs, according to the Wall Street Journal's report.

Fri, 09 Oct 2020 03:01:41 GMT

Arm ties up with Microsoft over new tools

Arm Ltd has partnered with Microsoft over new tools for software developers to help them transfer data to the Microsoft cloud computing service from the tiny sensor chips.

Thu, 08 Oct 2020 22:39:01 GMT

Amtrak sees 2.4K extra job losses

On Thursday, Amtrak, the US passenger railroad, warned it could trim more train services and spending without government's bailout that would lead to additional 2.4K job losses.

Thu, 08 Oct 2020 19:42:22 GMT

Twitter, FB take down disinformation networks

Twitter and Facebook said in separate statements on Thursday that they had dismantled global array of disinformation networks.

Thu, 08 Oct 2020 18:47:37 GMT

SNC-Lavalin cuts Middle East exposure

The Canadian engineering firm SNC-Lavalin is cutting its exposure in the Middle East, the company's Chief Executive Officer Ian Edwards stated on Thursday.

Thu, 08 Oct 2020 17:52:19 GMT

Crude oil prices jump above $43

On Thursday, oil prices rose above $43 per barrel, after oil and gas workers were withdrawn from the US Gulf of Mexico supply facilities, as Hurricane Delta was predicted to intensify into Category 3 storm.

Thu, 08 Oct 2020 16:43:00 GMT

Morgan Stanley to acquire Eaton Vance

On Thursday, Morgan Stanley said it would acquire Eaton Vance in the cash-and-stock deal worth around $7B that could potentially expand Morgan's investment-management business as well as offerings to its retail investors.

Thu, 08 Oct 2020 15:40:57 GMT

Cisco signs up UK's BT for new service

Cisco signed up BT, the British largest telecoms group, as the company's first customer for its new service, seeking to bolster internet video traffic via its networks due to higher demand for video streaming.

Thu, 08 Oct 2020 14:50:26 GMT

IBM to split itself in two public firms

International Business Machines has made a decision to split the giant into two public firms, with the IT infrastructure services division to be listed as a separate company by 2021-end and granted with a new name.

Thu, 08 Oct 2020 14:10:30 GMT

US jobless claims fall last week

Initial claims for US unemployment benefits fell to 840K last week, compared with the upwardly revised reading of 849K in the previous week, according to the Labor Department's report on Thursday.

Thu, 08 Oct 2020 13:23:11 GMT

O2-Virgin deal to face regulator review

The UK competition regulator is set to review Virgin Media and Telefonica's O2 merger instead of Brussels due to potential impact on consumers in Britain and after the Brexit.

Thu, 08 Oct 2020 11:46:01 GMT

EU's Web Summit to be held fully online

The European largest technology conference Web Summit will go fully online in December amid the coronavirus pandemic, which has caused the postponement or cancellation of many events this year.

Thu, 08 Oct 2020 10:54:34 GMT

Tesla to plans using new batteries & tech at Berlin plant

Tesla's CEO Elon Musk stated the carmaker was set to manufacture its Model Y vehicle with new technology design and structural battery at the Berlin factory in 2021.

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