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US homebuilding declines in April
Wed, 19 May 2021 04:00:08 GMT
 
As reported by the US Commerce Department on Tuesday, US homebuilding declined more than expected last month. >>
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Lufthansa sees surge in demand for flights
Wed, 19 May 2021 03:00:08 GMT
 
On Tuesday, Lufthansa announced that it was seeing an increase in demand for flights to the US and to European destinations. >>
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Foxconn, Stellantis sign strategic partnership
Wed, 19 May 2021 02:00:08 GMT
 
On Tuesday, Foxconn and automaker Stellantis have signed a non-binding memorandum of understanding to form a 50-50 joint venture to build connectivity-focused vehicle technology. >>
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Reuters reports on Israeli markets
Tue, 18 May 2021 20:00:08 GMT
 
On Tuesday, a report published by Reuters revealed that Israeli conflicts with Palestine rarely impact Israeli financial markets. >>
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Colonial Pipeline experiences new issues
Tue, 18 May 2021 19:00:08 GMT
 
Colonial Pipeline reported on Tuesday that the company had been experiencing network issues, which affected shipment scheduling. >>
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Retailers experience shopper return
Tue, 18 May 2021 18:00:09 GMT
 
On Tuesday, retailers like Walmart, Home Depot and Macy's reported a return of shoppers back to mortar and brick stores. >>
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Services sector grows in US
Tue, 18 May 2021 16:49:09 GMT
 
The New York Federal Reserve revealed on Tuesday that the state's services sector had experienced a record growth of activity. >>
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Yellen comments on tax hike
Tue, 18 May 2021 16:00:09 GMT
 
On Tuesday, the US Treasury Secretary Janet Yellen stated that the upcoming US tax hike and infrastructure plan would increase corporate profits. >>
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Wall Street indices surge
Tue, 18 May 2021 15:10:51 GMT
 
At the start of Tuesday's US trading, US stock indices surged due to Wallmart and Home Depot reporting better than forecast earnings results. >>
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Lamborghini plans entirely gas-electric lineup
Tue, 18 May 2021 13:56:14 GMT
 
Supercar brand Lamborghini is planning a $1.5B investment into the production of a fully gas-electric hybrid lineup, saying it should be ready by 2024, according to the brand's CEO. >>
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Baidu tops quarterly revenue forecast
Tue, 18 May 2021 13:00:08 GMT
 
China's Baidu reported on Tuesday its quarterly revenue had topped Wall Street's expectations, driven by its artificial intelligence and cloud services that fight off competition in Baidu's core search business. >>
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IBM to buy Waeg
Tue, 18 May 2021 12:00:08 GMT
 
On Tuesday, IBM announced it would acquire Salesforce's partner Waeg, seeking to extend the company's range of services as well as support its AI and hybrid cloud strategy. >>
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Credit Suisse to add over 1K IT staff
Tue, 18 May 2021 11:06:43 GMT
 
Credit Suisse Group is planning to hire more than 1K IT staff in India in 2021, as the lender is eager to make the country its global technology innovation centre. >>
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Cryptocurrencies recover
Tue, 18 May 2021 09:37:42 GMT
 
In the aftermath of suffering major losses during the prior week and on Monday, major cryptocurrency prices recovered during Tuesday's trading. >>
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Vodafone falls short of expectations
Tue, 18 May 2021 09:00:08 GMT
 
On Tuesday, the mobile operator Vodafone posted a 1.2% fall in its full-year adjusted earnings, missing market expectations, due to the coronavirus hit on handset sales and roaming revenue. >>
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