News

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Thu, 03 Jun 2021 16:00:06 GMT

Tesla recalls US cars over seat belt issues

Tesla has launched two new recalls of more than 7,000 US vehicles due to seat belt issues, the electric carmaker said on Thursday.

Thu, 03 Jun 2021 15:14:02 GMT

General Motors tests all-time-high

During early Thursday's US trading hours, the stock price of General Motors tested its all-time-high level at 66.44. The stock price has been surging since May 12.

Thu, 03 Jun 2021 14:00:08 GMT

Taiwan in talks with vaccine makers

Taiwan has entered talks with Pfizer and Johnson & Johnson, the COVID-19 vaccine makers, over more supplies, the country's Foreign Minister stated on Thursday.

Thu, 03 Jun 2021 13:22:47 GMT

Queen Elizabeth, US Biden set to meet

UK's Queen Elizabeth and the US President Joe Biden are set for a meeting at Windsor Castle at the G7 summit-end, according to Buckingham Palace's statement.

Thu, 03 Jun 2021 12:35:06 GMT

Brazil sees 5G auction in July

Brazil's Minister of Communications Fabio Faria stated that the government was anticipating the 5G spectrum auction to happen already next month.

Thu, 03 Jun 2021 11:09:45 GMT

KKR acquires Cegid stake

The private equity group KKR has agreed to acquire a stake in France's Cegid, in the deal that will value the software company at €5.5 billion.

Thu, 03 Jun 2021 10:00:07 GMT

Outreach attracts $200M

Outreach, the Salesforce Venture-backed sales intelligence provider, raised $200M in its latest round of funding led by STEADFAST Capital Ventures and Premji Invest, valuing the start-up at $4.4 billion.

Thu, 03 Jun 2021 08:41:08 GMT

GBP surges due to Final PMI

On Thursday, at 08:30 GMT the GBP/USD suddenly moved upwards by almost 40 base points. The move started, as the Markit UK Final Services Purchasing Managers Index was released.

Thu, 03 Jun 2021 08:00:07 GMT

ABB aims at fully-electric fleet

ABB is planning to electrify its whole fleet of over 10K vehicles by 2030, in its efforts to follow the new sustainability strategy, the company announced on Thursday.

Thu, 03 Jun 2021 06:42:11 GMT

BMW sees plant carbon neutrality in 2021

On Thursday, BMW, the German luxury carmaker, stated its Chinese car plants would reach carbon neutrality by the 2021-end, expecting the total carbon emissions at its Chinese production factories would drop 80% by 2030.

Thu, 03 Jun 2021 06:32:44 GMT

Nintendo plans gallery opening in Japan

On Wednesday, the game maker Nintendo announced it would launch a gallery opening at the renovated factory site in Japan, as the company tries to diversify beyond the core console business.

Thu, 03 Jun 2021 05:00:08 GMT

Tesla to spend $1B on battery minerals

Tesla announced that it expects to spend above $1B a year on Australian battery raw materials given the country's responsible production practices and reliable mining industry.

Thu, 03 Jun 2021 04:00:09 GMT

StanChart's unit to launch crypto platform

The unit of Standard Chartered announced its intention to establish a cryptocurrency exchange and brokerage platform in Europe and the UK, targeting institutional clients, the bank stated.

Thu, 03 Jun 2021 03:00:08 GMT

SoftBank in talks to invest in Dubai's Kitopi

SoftBank was in talks to invest in Kitopi, the cloud kitchen based in Dubai, in the latest funding round via the group's second technology fund, sources with the knowledge of the matter said.

Wed, 02 Jun 2021 19:48:05 GMT

Tesla recalls 6K cars in US

Tesla Inc was recalling almost 6K US cars due to brake calliper bolts could be loose, with the potential to cause a loss of tire pressure, public documents reveal.

Wed, 02 Jun 2021 19:06:50 GMT

Outreach gets $200M at a $4.4B valuation

Outreach, the sales intelligence provider backed by Salesforce Ventures, announced that it raised $200M in the funding round led by new investors, rising the startup's valuation to $4.4B.

Wed, 02 Jun 2021 18:00:09 GMT

Huawei rolls out new operating system

On Wednesday, China's Huawei Technologies rolled out its new operating system called "Harmony" for smartphones, hoping to recover from the US sanctions that had hut its handset business.

Wed, 02 Jun 2021 16:46:19 GMT

Tesla to acquire battery minerals

Tesla said it is planning to acquire over $1.0B of the Australian battery raw materials a year, highlighting the country's responsible production practices and reliable mining industry.

Wed, 02 Jun 2021 16:00:08 GMT

Germany to join Lufthansa capital raise

Germany is likely to take part in the planned €3.0B capital raise at Lufthansa to limit a 20% stake dilution in the carrier, according to Bloomberg.

Wed, 02 Jun 2021 15:00:08 GMT

Tesla launches 6K US car recalls

Tesla has launched a recall of nearly 6K US cars due to the potential loosening of brake calliper bolts, according to official documents showed on Wednesday.

Wed, 02 Jun 2021 14:00:09 GMT

Tyson Foods CEO resigns

On Wednesday, Tyson Foods announced its CEO Dean Banks is set to step down from his role, marking personal reasons, and will be succeeded by Donnie King, the company's operations director.

Wed, 02 Jun 2021 13:00:09 GMT

SoftBank considers investment in Kitopi

SoftBank Group has entered talks over a potential investment in the latest funding round of Kitopi, the Dubai-based "cloud kitchen", via its technology fund, according to Reuters.

Wed, 02 Jun 2021 11:52:04 GMT

Etsy to acquire Depop for $1.63B

On Wednesday, Etsy announced its planned acquisition of Depop, the Gen-Z aimed fashion reseller, in a deal worth $1.63B, as it seeks to lure more younger shoppers.

Wed, 02 Jun 2021 11:30:37 GMT

StanChart to roll out crypto trading platform

Standard Chartered's unit is planning to launch a cryptocurrency trading platform in Europe and Britain, deemed for institutional clients, the lender announced on Wednesday.

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