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Accor revenues fall markedly in Q1
Wed, 21 Apr 2021 19:43:13 GMT
 
France's hotel group Accor stated that its consolidated Q1 revenues totalled €361M, down 53% from €768M in 2020. >>
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Spotify slips 3% after Apple unveils podcasts
Wed, 21 Apr 2021 18:43:30 GMT
 
Spotify shares dropped almost 3% on Wednesday after its rival Apple unveiled a new offer of paid subscriptions for podcasts. >>
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Oracle shares fall after losing cloud deal
Wed, 21 Apr 2021 18:30:50 GMT
 
Oracle shares declined 3% after missing a project to supply cloud services for Israel, as the government chose Google and Amazon Web Services over Microsoft, Oracle and IBM. >>
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China seeks product quality from Tesla
Wed, 21 Apr 2021 17:00:09 GMT
 
On Wednesday, the Chinese market regulator called on the US electric carmaker Tesla to ensure its product quality after an incident that took place at the auto show in Shanghai >>
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BoC causes short move
Wed, 21 Apr 2021 15:42:32 GMT
 
The USD/CAD dropped by almost 150 pips due to the strengthening of the Canadian Dollar, following the Bank of Canada rate statement made earlier on Wednesday. >>
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S. Africa inflation rises
Wed, 21 Apr 2021 15:20:21 GMT
 
South Africa's annual inflation rate increased to 3.2% in March from 2.9% in February, data published by the Statistics South Africa show. >>
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US Dollar remains firm
Wed, 21 Apr 2021 14:00:09 GMT
 
During Wednesday's trading, the value of US Dollar extended the recovery, which started in the aftermath of hitting a seven week low level. >>
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US markets open flat
Wed, 21 Apr 2021 13:00:06 GMT
 
Prior to the start of US trading, it was expected that the US markets would open near or at the closing prices of yesterday despite a drop in oil prices. >>
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Vision Fund likely to post record earnings
Wed, 21 Apr 2021 12:00:08 GMT
 
SoftBank Group's $100B Vision Fund is likely to report record earnings as soon as May 12, mostly boosted by the gain on the company's stake in Coupang, South Korea's e-commerce >>
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Amazon roll out new tech in Whole Foods stores
Wed, 21 Apr 2021 11:00:12 GMT
 
On Wednesday, Amazon.com stated it was launching a new biometric technology for Whole Foods customers in stores around Seattle, allowing shoppers to pay with their palm's scan. >>
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Stock indices surge on Wednesday
Wed, 21 Apr 2021 10:00:15 GMT
 
During Wednesday's Asian and European trading hours, stock indices around the world surged fuelled by European corporate earnings. >>
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ASML posts better-than-expected Q1 profit
Wed, 21 Apr 2021 09:00:07 GMT
 
On Wednesday, ASML Holding NV reported its net income beat forecasts for the Q1, while also raised the full-year sales outlook on robust demand amid the global semiconductor shortage. >>
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Netflix shares drop 11%
Wed, 21 Apr 2021 08:27:41 GMT
 
Netflix reported slowing subscriber growth in the current year's Q1, as the pandemic hurt the movies and TV shows production, sending the streaming service's shares down 11%. >>
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Ericsson core profit tops estimates
Wed, 21 Apr 2021 07:00:06 GMT
 
On Wednesday, Sweden's Ericsson posted its Q1 core profit above market forecasts as robust sales of its 5G equipment had offset the royalty income loss amid a patent battle with >>
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Discord ends deal talks with Microsoft
Wed, 21 Apr 2021 06:19:43 GMT
 
Messaging platform Discord has finished sale discussions with Microsoft, as it seeks to expand its business as a standalone firm, according to a Reuters report. >>
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