News

Note: This section contains information in English only.
Wed, 23 Jun 2021 05:00:08 GMT

US home sales decline in May

As reported by the National Association of Realtors on Tuesday, existing home sales in the United States fell by 0.90% in May.

Wed, 23 Jun 2021 04:00:07 GMT

ECB policymakers divided on inflation strategy

According to sources with knowledge of the matter, the European Central Bank policymakers are still at odds over their recent inflation strategy.

Wed, 23 Jun 2021 03:00:06 GMT

Blackstone to acquire HPA for $6B

Blackstone Group announced on Tuesday that it has reached an agreement to acquire Home Partner of America for $6B.

Wed, 23 Jun 2021 02:00:07 GMT

VW to stick with 2021 profit margin outlook

Volkswagen AG will stick to this year profit margin forecast due to the global semiconductor shortage, the German company announced on Tuesday.

Tue, 22 Jun 2021 20:00:06 GMT

Sweden upholds ban over Huawei's 5G gear

The Swedish court upheld a ban on Huawei selling 5G gear in the country, ruining the Chinese company's hopes of return in Europe.

Tue, 22 Jun 2021 19:00:07 GMT

Aston Martin sues its Swiss dealer

Aston Martin sued its Swiss car dealer, which it says withheld customer payments for its $3M Valkyrie sports cars, the carmaker stated.

Tue, 22 Jun 2021 18:55:06 GMT

White says low interest rates likely to persist

On Tuesday, Walter White, the Chief Executive Officer of Allianz Life, said that the US interest rates would likely remain low.

Tue, 22 Jun 2021 18:00:09 GMT

US home sales decrease in May

The US home sales declined for a fourth month in succession in May, as record-high prices due to low inventory frustrated potential buyers.

Tue, 22 Jun 2021 17:00:07 GMT

Blackstone acquires Home Partners of America

Blackstone Group agreed to buy single-family home renting and acquiring company Home Partner of America in a $6B deal.

Tue, 22 Jun 2021 16:00:06 GMT

GameStop gets $1B in latest share offering

GameStop announced that it raised about $1.13B in the latest share offering, benefiting further from a social-media-driven increase in its stock price.

Tue, 22 Jun 2021 15:00:07 GMT

Bitcoin falls below $30K

Bitcoin dropped below $30K on Tuesday for the first time since January, adding to losses sparked yesterday, when China's CB deepened a crackdown over cryptocurrencies.

Tue, 22 Jun 2021 14:00:07 GMT

Powell testifies before Congress

On Tuesday, the Chairman of the US Federal Reserve Jerome Powell was set to testify before the US Congress about balancing inflation and economic recovery.

Tue, 22 Jun 2021 13:00:08 GMT

Morrison stock jumps

As Morrison denied a $7.6 billion private equity bid, the company's stock price surged by 35%.

Tue, 22 Jun 2021 12:00:08 GMT

UK negotiates trade deal

On Tuesday, the United Kingdom began talks to join the trans-Pacific trade deal.

Tue, 22 Jun 2021 11:00:09 GMT

Nissan adjusts production

Reuters revealed on Tuesday that Nissan would reduce its production due to the ongoing global chip shortage.

Tue, 22 Jun 2021 10:23:42 GMT

Stocks recover from lows

During Tuesday's European trading hours, stock indices recovered from a 4-week low level, as focus shifted to pandemic recovery.

Tue, 22 Jun 2021 09:00:07 GMT

Amazon and Apple remain most valued

On Monday, Kantar revealed that Amazon and Apple would remain the most valued global brands.

Tue, 22 Jun 2021 08:00:08 GMT

Oil stocks lead market rally

During Monday's US trading and Tuesday's Asian session, oil stock prices lead the currently ongoing stock recovery.

Tue, 22 Jun 2021 07:00:07 GMT

Airlines address US government

Airline unions revealed on Monday that they had asked the US government to start prosecuting violent passengers.

Tue, 22 Jun 2021 06:00:07 GMT

Nubank announces IPO

On Monday, Nubank revealed that the Buffet backed digital bank would make an initial public offering in the United States.

Tue, 22 Jun 2021 05:00:09 GMT

IKEA pushes for clean energy

IKEA revealed on Monday that the company together with the Rockefeller foundation would pledge a billion US Dollars for a push in clean energy.

Tue, 22 Jun 2021 04:00:07 GMT

Fed comments on government bonds

On Monday, two Federal Reserve officials revealed that the Fed could start hiking interest rates after the central bank ends its government bond purchases.

Tue, 22 Jun 2021 03:00:07 GMT

Soho House plans IPO

It was revealed on Monday that Soho House intends to do an initial public offering and raise almost $100 million.

Mon, 21 Jun 2021 20:00:06 GMT

US imposes sanctions on Belarus

The US imposed sanctions on a dozen Belarusian entities and individuals, joining the UK, Canada and the EU in applying pressure for human rights abuses and democracy erosion.

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