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Merck posts Q1 profit drop
Thu, 29 Apr 2021 11:48:33 GMT
 
On Thursday, Merck reported a 1.2% drop in its Q1 profit, tumbled by a decline in visits to medical facilities due to the growing number of COVID-19 cases in the >>
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Lufthansa cuts flight capacity forecast
Thu, 29 Apr 2021 11:19:53 GMT
 
Lufthansa has trimmed its flight capacity outlook for 2021 amid slow travel rebound following the pandemic, sending its shares 1.15% down early on Thursday. >>
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Global shares extend gains
Thu, 29 Apr 2021 08:47:36 GMT
 
On Thursday, global shares gained a lift following the Federal Reserve's statement that it was not the time yet to think over rolling back the economy's emergency support, and >>
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Airbus to lift jet production
Thu, 29 Apr 2021 08:41:55 GMT
 
Airbus has confirmed its plans on Thursday to raise the output of the planemaker's most-sold jets, sending its shares up 2.8% on the news. >>
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Airbus keeps forecasts unchanged
Thu, 29 Apr 2021 08:35:38 GMT
 
On Thursday, Airbus reported better-than-expected Q1 core earnings but maintained its forecasts due to uncertainty during the COVID-19 pandemic. >>
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Huawei seeks control over small EV maker
Thu, 29 Apr 2021 07:08:05 GMT
 
China's Huawei Technologies has entered talks about gaining control over small local carmaker's electric vehicle unit, in a strategic move to expand more in the EV manufacturing. >>
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Global EV sales pick up speed in Q1
Thu, 29 Apr 2021 06:34:18 GMT
 
Global electric vehicle sales accelerated in the Q1, but the industry still needs government help for building charging stations and imposing bans on fossil-fuel cars to keep this momentum going, >>
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EIB uses blockchain for €100M bond sale
Thu, 29 Apr 2021 05:00:06 GMT
 
The European Investment Bank raised €100M from a two-year digital bond sale in a sign of attention from the capital markets in using blockchain technology. >>
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BaFin warns Binance about stock tokens
Thu, 29 Apr 2021 04:00:08 GMT
 
BaFin, the German financial regulator, warned that Binance, one of the biggest cryptocurrency exchanges, risked being fined for offering security-tracking tokens without publishing an investor prospectus first. >>
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GM deals on new EV charging points
Thu, 29 Apr 2021 03:00:08 GMT
 
General Motors announced deals with the main EV charging networks to provide its customers access to almost 60K charging points across Canada and the US. >>
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Toyota to invest in new SUV plant
Wed, 28 Apr 2021 21:00:06 GMT
 
Toyota Motor announced that it will invest $803M and add 1.4K positions at an assembly plant in Indiana to build two new larger SUVs. >>
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Nestle to shut British plant
Wed, 28 Apr 2021 20:00:07 GMT
 
Nestle is set to close a Fawdon factory in England, putting almost 600 jobs at risk, as the world's largest packed food corporation restructures its confectionery business in the UK. >>
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Saudis considers selling Saudi Aramco stake
Wed, 28 Apr 2021 19:20:00 GMT
 
Saudi Arabia was in talks to sell a stake of 1% in state oil company Saudi Aramco to an unnamed "leading global energy firm" as he expects a rebound after >>
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Alphabet' quarterly profit at record $17.9B
Wed, 28 Apr 2021 18:21:01 GMT
 
Alphabet Inc reported a record profit of $17.9B for the quarter and a $50B share buyback, but expected an increase in usage and ad sales to slow as people continue >>
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Tesla's bitcoin investment worth $2.48B
Wed, 28 Apr 2021 16:57:58 GMT
 
Tesla Inc announced that the market value of bitcoin it held as of March 31 was $2.48B, suggesting that it could make around $1B out of the investment. >>
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