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Danone sticks to its 2021 growth goal
Tue, 20 Apr 2021 09:19:16 GMT
 
On Tuesday, Danone stated it had sticked to its goal of reaching profitability in the 2021 H2 after reporting a 3.3% drop in its Q1 sales, tumbled by the COVID-19 >>
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China looks into Alibaba-Minmetals JV
Tue, 20 Apr 2021 08:00:07 GMT
 
China's market watchdog has launched an investigation into the e-commerce titan Alibaba Group and Minmetals Development's joint venture in an antitrust crackdown on internet firms. >>
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IBM posts highest quarterly sales growth
Tue, 20 Apr 2021 06:41:03 GMT
 
International Business Machines reported its quarterly sales growth hit more than two-year record high, topping Wall Street estimates, and driven by the company's cloud computing business strength. >>
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China to build $3B supercomputing centre
Tue, 20 Apr 2021 06:28:25 GMT
 
Wenchang, the Chinese southern space port, is planning to construct a $3.0B supercomputing centre by 2021-end to analyse space data, state media reported on Tuesday. >>
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China boosts BMW Q1 demand
Tue, 20 Apr 2021 05:00:07 GMT
 
It was revealed on Monday by BMW that that the company had boosted 2021 first quarter earnings by higher prices and demand from China. >>
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Facebook launches new products
Tue, 20 Apr 2021 04:00:08 GMT
 
On Monday, Facebook announced that the company would launch new audio products. >>
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Wall Street declines
Tue, 20 Apr 2021 03:00:08 GMT
 
During Monday's US trading session, US stock indices declined, as Tesla's stock caused a sell off due to a fatal auto crash. >>
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Microsoft tests new cloud gaming
Tue, 20 Apr 2021 01:00:07 GMT
 
On Monday, Microsoft announced that it would test Xbox cloud gaming on the Apple and PC platforms. >>
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UK to probe Nvidia's ARM deal
Mon, 19 Apr 2021 20:00:08 GMT
 
The UK government plans to review Nvidia's $40B purchase of ARM Holdings, a British semiconductor design company, the UK government announces. >>
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Zoom launches $100M fund
Mon, 19 Apr 2021 19:00:08 GMT
 
Zoom Video Communications created a $100M fund to invest in software companies that create applications using its technology. >>
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Mastercard to purchase Ekata
Mon, 19 Apr 2021 18:00:06 GMT
 
Mastercard plans to purchase digital identity verification firm Ekata for $850M, a report published by the global payments processor shows. >>
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GameStop loses CEO
Mon, 19 Apr 2021 16:56:16 GMT
 
George Sherman will resign from the chief executive officer position at GameStop, giving major shareholder Ryan Cohen more power, as the company shifts to e-commerce. >>
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Nokia to cut 10,000 jobs
Mon, 19 Apr 2021 15:33:02 GMT
 
Nokia plans to cut 10,000 employees within the next two years to decrease costs and spend more on research, the Finnish telecoms group reports. >>
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France struggles with vaccination
Mon, 19 Apr 2021 14:00:08 GMT
 
A report published by Reuters on Monday revealed that French authorities struggle to distribute AstraZeneca coronavirus vaccines. >>
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Citigroup increases investment in China
Mon, 19 Apr 2021 13:00:08 GMT
 
On Monday, Reuters revealed that Citigroup would expand its business in China by increasing investment banking activities. >>
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