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Tesla builds new access platform
Thu, 06 May 2021 14:00:10 GMT
 
Tesla, the US electric carmaker, announced on Thursday the development of a new platform deemed for its Chinese car owners that would let them access their vehicles' data. >>
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Nintendo sees fall in Switch sales
Thu, 06 May 2021 12:54:31 GMT
 
On Thursday, Japan's Nintendo said it was expecting its annual sales of Switch console to drop 11.5%, signalling the five-year-old device's first decline after the gaming boom during the pandemic. >>
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BoE's policy remains unchanged
Thu, 06 May 2021 12:00:29 GMT
 
The Bank of England's MPC judged the existing monetary policy's stance to remain unchanged at 0.1%, seeking to meet the inflation target of 2%, according to an official statement. >>
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Regeneron Q1 profit soars
Thu, 06 May 2021 11:22:16 GMT
 
On Thursday, Regeneron Pharmaceuticals reported its Q1 profit surged as much as 78%, driven by strong demand recovery of its Eylea eye drug and ongoing strength in the Dupixent eczema >>
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IBM unveils new technology
Thu, 06 May 2021 10:23:25 GMT
 
On Thursday, IBM revealed a new 2-nanometer chip technology, which is bound to increase speeds of computing. >>
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EssilorLuxottica marks Q1 sales recovery
Thu, 06 May 2021 09:15:09 GMT
 
EssilorLuxottica reported on Thursday its Q1 sales are continuing to recover from the COVID-19 pandemic's impact, driven by a robust rebound in the United States and China. >>
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AB InBev CEO to resign
Thu, 06 May 2021 08:00:07 GMT
 
Anheuser-Busch InBev's CEO Carlos Brito is set to step down from his role in July after 15 years in the company, and will be succeeded by its North American unit's >>
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VW raises margin target for 2021
Thu, 06 May 2021 07:23:06 GMT
 
Volkswagen has lifted its 2021 operating margin target on Thursday, expecting stronger demand for premium cars in the Q1. >>
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Aston Martin reports smaller Q1 loss
Thu, 06 May 2021 06:36:05 GMT
 
The UK carmaker Aston Martin reported on Thursday a smaller Q1 loss of £42.2M in the current year, adding it is aiming at profitability, maintaining its outlook of around 6K >>
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PayPal income grows on online shopping boom
Thu, 06 May 2021 05:00:13 GMT
 
PayPal Holdings reported that new income grew to $1.46B from $786M a year ago, as online shopping and digital transactions pushed payment volumes to record levels. >>
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Exxon sees $200M in charges for job cuts
Thu, 06 May 2021 04:00:07 GMT
 
Exxon Mobil announced its expectations for up to $200M in charges in 2021 related to job cuts within the cost savings plan, according to a regulatory filing. >>
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Wix.com acquires Rise.ai to add loyalty cards
Thu, 06 May 2021 03:00:07 GMT
 
Wix.com announced that it bought Israeli startup Rise.ai to expand its platform to include loyalty and gift cards, rewards and referrals. >>
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EU to slash dependency on China, others
Wed, 05 May 2021 20:43:05 GMT
 
The European Union unveiled a plan to slash its dependency on Chinese and other suppliers in six strategic areas, including semiconductors, raw materials and pharmaceutical ingredients. >>
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US private payrolls grow
Wed, 05 May 2021 20:00:05 GMT
 
Data published on Wednesday revealed that US private sector payrolls had increased by a record amount in April, as companies hired more workers. >>
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Evans comments on policy
Wed, 05 May 2021 19:00:07 GMT
 
On Wednesday, the Chicago Federal Reserve Bank President Charles Evans stated that he doubts that 2% inflation would be reached and monetary policy would remain super-easy. >>
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