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Hyundai plans $7.4B US investment
Fri, 14 May 2021 03:00:10 GMT
 
Hyundai Motor Group is planning a further US investment worth $7.4B by 2025 to manufacture electric vehicles, upgrade output facilities as well as invest more in smart mobility solutions. >>
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Airbnb tops Wall Street's forecasts
Thu, 13 May 2021 22:32:53 GMT
 
Airbnb topped Wall Street's estimates for its Q1 gross revenue, with bookings surging 52%, as easing restrictions and COVID-19 vaccinations spurred vacation rental demand. >>
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Binance under investigation by IRS, US DOJ
Thu, 13 May 2021 20:00:06 GMT
 
Bloomberg reported on Thursday that Binance is under probes by the US Justice Department and the IRS. The news sent Binance Coin sharply lower, nearly 12% for the trading session. >>
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Google to supply cloud service to SpaceX
Thu, 13 May 2021 19:16:46 GMT
 
Google won a deal to supply cloud services to Elon Musk's SpaceX, which launched plenty of Starlink satellites to provide high-speed internet. >>
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Samsung raises investment in non-memory chips
Thu, 13 May 2021 18:00:08 GMT
 
On Thursday, Samsung Electronics increased its non-memory chips investment to $151 billion through 2030. >>
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US weekly unemployment claims decline
Thu, 13 May 2021 17:00:08 GMT
 
As reported by the US Labor Department on Thursday, the number of Americans filing for new unemployment benefits declined last week. >>
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Tesla stops car purchases with Bitcoin
Thu, 13 May 2021 16:00:07 GMT
 
Tesla will stop accepting digital currency Bitcoin for vehicle purchases, Tesla's Chief Executive Officer Elon Musk said on Wednesday. >>
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Wall Street's main indexes open higher
Thu, 13 May 2021 15:00:06 GMT
 
Wall Street's main indexes edged higher on Thursday. The Dow Jones Industrial rose by 0.11% at the open, while the S&P 500 surged by 11.95 points or 0.29%. >>
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McDonald's boosts employee pay
Thu, 13 May 2021 14:00:07 GMT
 
On Thursday, McDonald's Corporation announced a 10% pay increase in nearly 660 US restaurants. >>
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US government comments on fuel
Thu, 13 May 2021 13:00:07 GMT
 
The United States Energy Secretary Jennifer Granholm revealed on Thursday that the US fuel shortages should end by the end of the day. >>
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Alibaba issues new forecast
Thu, 13 May 2021 12:14:14 GMT
 
On Thursday, Alibaba issued an increased annual earnings forecast, which was based upon good e-commerce trends. >>
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Inflation causes stock decline
Thu, 13 May 2021 10:00:08 GMT
 
On Thursday, stock markets around the globe declined, as a sell off was caused by higher than expected US inflation data being released on Wednesday. >>
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Rolls-Royce keeps its 2021 guidance
Thu, 13 May 2021 09:26:21 GMT
 
UK engineering giant Rolls-Royce is sticking to its 2021 outlook for the positive free cash flow on the back of expected rebound in economy and travelling. >>
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Bird to go public in blank-check deal
Thu, 13 May 2021 05:00:08 GMT
 
Bird Rides stated that it is set to merge with blank-check firm Switchback II Corp to go public in a deal, which would value the EV scooter rental firm at >>
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Skanska to invest $476M in US project
Thu, 13 May 2021 04:00:09 GMT
 
Sweden's Skanska stated that it would invest $476M in its largest commercial property project to date, office buildings near Seattle in the US. >>
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