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Apple gains 2% after UBS survey
Thu, 15 Apr 2021 16:00:09 GMT
 
Apple shares increased more than 2% on Thursday following the UBS survey that revealed its product line was still resilient, while also expecting strong demand for new models. >>
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US retail sales up 9.8% in March
Thu, 15 Apr 2021 14:51:42 GMT
 
The US retail sales surged 9.8% last month, above analysts forecasts, the Commerce Department reported, strengthening expectations for solid growth in the Q1. >>
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ABB stock reaches 13-year high
Thu, 15 Apr 2021 14:00:13 GMT
 
On Thursday, ABB boosted its full-year sales outlook, marking the recovery from the previous year's pandemic-caused downturn, sending its shares up to their highest level in about 13 years. >>
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Hyundai to roll out EVs in China
Thu, 15 Apr 2021 13:00:09 GMT
 
On Thursday, the South Korean carmaker Hyundai Motor Group stated it was planning to roll out electric vehicles in China every year from 2022 to expand its footprint in the >>
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Shell comments on reserves
Thu, 15 Apr 2021 12:00:07 GMT
 
On Thursday, Royal Dutch Shell announced that it would utilize its oil and gas reserves by 2050. >>
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TSMC tries to alleviate chip shortage
Thu, 15 Apr 2021 11:00:06 GMT
 
On Thursday, Taiwan Semiconductor Manufacturing Co stated it is trying to do everything possible to boost productivity and ease the global chip shortage, despite it sees that tight supplies likely >>
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Wizz Air sees gradual travel recovery
Thu, 15 Apr 2021 10:00:09 GMT
 
Wizz Air, the Hungarian low-cost carrier, is anticipating gradual travel recovery into late summer, as the global travel industry enters the second year of the COVID-19 pandemic restrictions. >>
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Deliveroo's orders surge in Q1
Thu, 15 Apr 2021 09:00:06 GMT
 
Deliveroo, the food delivery company, reported on Thursday its Q1 orders more than doubled, marking the first trading update after its highly-expected London listing flopped last month. >>
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Oil prices rise to highest level
Thu, 15 Apr 2021 07:46:06 GMT
 
On Thursday, oil prices hit the one-month-high level after surging 5% in the prior session, boosted by increased demand outlooks from OPEC and IEA, as major economies are recovering from >>
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Geely's Polestar attracts $550M
Thu, 15 Apr 2021 07:00:08 GMT
 
On Thursday, Geely's electric unit Polestar stated it has raised $550M in the external funding that comes amid a year of sustained share price growth and sales for electric car >>
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ABC News appoints new president
Thu, 15 Apr 2021 05:57:38 GMT
 
Walt Disney's ABC News has named Kimberly Godwin, the CBS News executive, as the news division's president starting early May and replacing James Goldston. >>
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Google fined for abusing dominance in Turkey
Thu, 15 Apr 2021 05:00:07 GMT
 
Turkey's Competition Board fined Alphabet's Google more than $36.65M for abusing the company's dominant position within search engine services, the regulator stated. >>
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Acciona prepares for energy unit's IPO
Thu, 15 Apr 2021 04:00:07 GMT
 
Spain's conglomerate Acciona stepped up preparations for an IPO of the renewable energy unit and hired banks to lead the deal anticipated to value the business at more than €8B. >>
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Ford outlines new production cuts
Thu, 15 Apr 2021 03:00:09 GMT
 
Ford Motor Co announced another series of facilities shutdowns amid the global semiconductor chip shortage, with one plant in Turkey and five in the US affected. >>
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Dell to spin off its stake in VMware
Wed, 14 Apr 2021 21:32:30 GMT
 
Dell Technologies announced plans to spin off a stake of 81% in VMware to create two standalone public firms in a deal worth almost $9.7B. >>
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