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Nasdaq futures drop over 1%
Tue, 11 May 2021 11:35:38 GMT
 
On Tuesday, the Nasdaq futures plunged more than 1%, pointing to continuing losses for technology stocks with high valuations on inflation worries >>
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Stock prices decline
Tue, 11 May 2021 10:28:27 GMT
 
On Tuesday, stock market indices around the world declined, as a previously started sell off continued. >>
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Innovusion attracts $64M in funding
Tue, 11 May 2021 09:00:09 GMT
 
Innovusion, the Lidar sensor maker, has raised $64M in its latest funding to boost production to supply the Chinese EV maker Nio's ET7 sedan that is set to be launched >>
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Foxconn's iPhone output drops in India
Tue, 11 May 2021 08:00:09 GMT
 
Apple's iPhone 12 production at the Foxconn's Indian factory plunged by over 50% due to the COVID-19 cases resurgence in the country, according to Reuters. >>
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Dell CEO eyes chip shortage to persist
Tue, 11 May 2021 06:54:08 GMT
 
Dell Technologies' founder and CEO Michael Dell sees the semiconductor chip shortage lasting a few years more, he told the Handelsblatt newspaper on Tuesday. >>
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Gordon Murray Group to build electric cars
Tue, 11 May 2021 06:33:00 GMT
 
On Tuesday, the Gordon Murray Group announced it is planning a £300M expansion during the following five years, including the development of electric vans and SUVs for carmakers, shifting its >>
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Hackers comment on pipeline hack
Tue, 11 May 2021 05:00:09 GMT
 
On Monday, the hacker group that crippled the US fuel pipeline system revealed that it was after a cash buyout instead of creating mayhem. >>
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US government comments on Tesla crash
Tue, 11 May 2021 04:00:08 GMT
 
The US National Transportation Safety Board revealed on Monday that the Tesla autopilot was not at fault at a recent car crash in Texas. >>
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Lufthansa repays bailout
Tue, 11 May 2021 03:00:08 GMT
 
On Monday, Lufthansa announced that it would raise $3B in new capital to repay the initial coronavirus government bailout. >>
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Dow reaches new high
Mon, 10 May 2021 21:00:08 GMT
 
During Monday's US trading hours, the Dow Jones index reached a new all-time-high level. >>
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Rolls-Royce relaunches Norwegian unit sale
Mon, 10 May 2021 20:00:08 GMT
 
Rolls-Royce put its Norway-based maritime engine unit Bergen on sale again, less than two months after Norway stopped a deal for purchase by a Russian company. >>
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Lufthansa's Swiss unit to slash jobs, flights
Mon, 10 May 2021 19:00:31 GMT
 
Lufthansa subsidiary Swiss International is set to cut fleet 15% and workforce by up to 780 more positions, the airline stated on Thursday, in response to the slump during the >>
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Chipotle raises minimum wage to $15
Mon, 10 May 2021 18:00:07 GMT
 
On Monday, Chipotle Mexican Grill announced plans to raise the minimum wage to $15 an hour by the end of next month. >>
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Global equities edge higher
Mon, 10 May 2021 17:00:07 GMT
 
On April 10, global stocks edged higher on optimism that interest rates would remain lower for a longer period. >>
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Ethereum surges above $4000
Mon, 10 May 2021 16:00:07 GMT
 
During Monday's trading session, Ethereum, the second-largest cryptocurrency by market capitalization, surged past $4,000 to hit a new record high. >>
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