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Nissan to cut Japanese output in May
Fri, 16 Apr 2021 06:00:21 GMT
 
Nissan Motor is set to trim its production at several Japanese factories next month due to the global semiconductor shortage, Reuters reported. >>
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Daimler rolls out new electric vehicle
Fri, 16 Apr 2021 05:00:10 GMT
 
Daimler AG launched a new electric "sibling" of the carmaker's flagship Mercedes-Benz S-Class sedan, challenging the market-leader Tesla amid surging sales of electric cars in the market. >>
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Reuters unveils new subscription website
Fri, 16 Apr 2021 04:00:06 GMT
 
Reuters News launched its new subscription website in a new strategy aimed at business professionals, offering first five stories to be viewed free of charge, but requiring its users to >>
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TuSimple gets $8.5B valuation in debut
Fri, 16 Apr 2021 03:00:08 GMT
 
The self-driving truck maker TuSimple Holdings was valued at $8.5B in its US stock market debut that took place on Thursday, with its shares opening at $40.25. >>
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Verizon to roll out 5G internet for businesses
Thu, 15 Apr 2021 21:54:39 GMT
 
On Thursday, the US telecom giant Verizon Communications announced it would roll out 5G technology internet for businesses for as many as 21 cities in the United States this month. >>
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EU to decide on Intel, SK Hynix deal
Thu, 15 Apr 2021 20:00:06 GMT
 
EU antitrust regulators are expected to decide by May 20 whether to clear South Korea's chipmaker SK Hynix's $9B purchase of Intel's NAND memory chip business. >>
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Nissan to cut production in Japan
Thu, 15 Apr 2021 19:00:08 GMT
 
Nissan Motor is set to slash production at several Japanese factories in May amid the global semiconductors shortage, sources told Reuters. >>
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BlackRock profit above estimates in Q1
Thu, 15 Apr 2021 18:00:07 GMT
 
BlackRock's reported a higher-than-expected quarterly profit on Thursday, as broad-based strength in its businesses helped vault the company's assets under management to $9.01 trillion. >>
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Cruise gets $2.75B from Walmart, others
Thu, 15 Apr 2021 17:00:08 GMT
 
Self-driving startup Cruise, backed by GM, announced that it raised $2.75B in the latest financing round with investment from Walmart and others, reaching a valuation of over $30 billion. >>
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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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