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Eurozone business growth accelerates
Sat, 22 May 2021 07:25:04 GMT
 
Eurozone business growth accelerated in May at the fastest pace in three years, a survey conducted by Markit, a financial information company, shows. >>
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IMF wants $50B to speed up vaccination
Sat, 22 May 2021 06:00:09 GMT
 
The International Monetary Fund wants to spend $50B to ensure a quicker rollout of vaccines against COVID-19 as only about 9.5% of the global population has been vaccinated. >>
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UK to offer trade deal to Australia
Sat, 22 May 2021 05:00:08 GMT
 
The UK plans to propose Australia a trade agreement that will eliminate quotas and tariffs over the next 15 years, the BBC reports. >>
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EZ business growth at three-year high
Sat, 22 May 2021 04:00:06 GMT
 
The Eurozone's business growth expedited at its strongest pace in more than three years in May, but the ECB President said that unclear recovery still needed support from the ECB. >>
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Snap to acquire WaveOptics for over $500M
Sat, 22 May 2021 03:00:07 GMT
 
Snap announced on Friday that it will buy WaveOptics, the augmented reality technology company based in Britain, for over $500M. >>
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Tesla eyes Russia as new production hub
Fri, 21 May 2021 21:00:08 GMT
 
Elon Musk said stated that Tesla was considering establishing its presence in Russia and was looking at whether it could open factories there in the country. >>
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US existing home sales down 2.7%
Fri, 21 May 2021 20:00:07 GMT
 
The National Association of Realtors reported that existing home sales declined 2.7% to a seasonally adjusted yearly rate of 5.85M units last month, the lowest level since last year's June. >>
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US manufacturing PMI up to 61.5 in early May
Fri, 21 May 2021 19:20:30 GMT
 
The IHS Markit report showed that the US Manufacturing PMI increased to 61.5 in the first half of May to the highest level since 2009 amid solid domestic demand. >>
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Snap to acquire AR firm WaveOptics
Fri, 21 May 2021 17:55:16 GMT
 
On Friday, Snap Inc announced it would acquire the UK augmented reality technology firm WaveOptics in a deal worth more than $500 million. >>
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Daimler Truck sees further engine job losses
Fri, 21 May 2021 17:33:57 GMT
 
Daimler Truck's CEO Martin Daum stated on Friday that he expected further job losses in the coming 15 years at the European truck engine factories due to the transition to >>
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Wall Street opens higher
Fri, 21 May 2021 15:00:08 GMT
 
US stock indices started Friday's US trading with a gap up, as a previously started recovery was extended. >>
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NVDA stock surges due to split
Fri, 21 May 2021 14:08:39 GMT
 
During Friday's US trading hours, the stock price of Nvidia surged by 3.77%. The move was attributed to the company announcing a 4-for-1 stock split. >>
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Elon Musk considers Russia as production hub
Fri, 21 May 2021 14:00:09 GMT
 
Elon Musk is considering to establish Tesla's presence in Russia, including the potential building of factories there. >>
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SoftBank board loses two top execs
Fri, 21 May 2021 13:00:11 GMT
 
On Friday, SoftBank Group announced that Ron Fisher, the long-time lieutenant of the Chief Executive Officer Masayoshi Son, and the the chip designer Arm's CEO Simon Segars are set to >>
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Huawei, Changan expand their partnership
Fri, 21 May 2021 11:42:41 GMT
 
China's Huawei Technologies has plans to expand the smart vehicle partnership with Chongqing Changan Automobile, with the expansion to include the development and design of the semiconductor chips. >>
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