News

Note: This section contains information in English only.
Wed, 23 Dec 2020 06:07:14 GMT

US home sales decline in November

On Tuesday, the National Association of Realtors announced that existing home sales in the United States fell by 2.5% to a seasonally adjusted annual rate of 6.69M units in November.

Wed, 23 Dec 2020 05:13:42 GMT

US consumer confidence falls in December

On Tuesday, the Conference Board announced that the US consumer confidence index declined to a reading of 88.6 in December.

Wed, 23 Dec 2020 04:08:17 GMT

Ripple to fight US SEC lawsuit

On Tuesday, the blockchain payment firm Ripple announced that it plans to fight the US Securities and Exchange Commission lawsuit.

Wed, 23 Dec 2020 02:46:24 GMT

US SEC, Italy's CONSOB sign MOU

On Tuesday, the US SEC and the Italian financial watchdog CONSOB signed a memorandum of understanding concerning consultation, cooperation and the exchange of information.

Tue, 22 Dec 2020 20:41:06 GMT

SMIC, Hikvision expelled from China indexes

On Tuesday, FTSE Russell, the global index publisher, announced it would drop Hangzhou Hikvision Digital Technology and Semiconductor Manufacturing International Corp from the FTSE China A50 index.

Tue, 22 Dec 2020 20:04:08 GMT

US start-up Ouster agrees to go public

The US maker of self-driving technology Ouster has agreed on Tuesday to go public via a merger deal with SPAC Colonnade Acquisition.

Tue, 22 Dec 2020 19:28:51 GMT

Facebook to boost security in 2021

On Tuesday, Facebook announced it would add more security features to the platform next year, that would include a physical security key as a new way for identity verification.

Tue, 22 Dec 2020 17:52:19 GMT

US SEC inks MoU with Italy's Consob

The US SEC has signed a MoU (memorandum of understanding) with CONSOB, the Italian market watchdog, for better cooperation in supervising fintech firms operating in both countries.

Tue, 22 Dec 2020 16:50:49 GMT

Brexit trade talks strained

Both, the European Union and Britain, seek to sign the Brexit trade deal before Christmas Eve; however, the talks are still strained, according to the Sun newspaper's report seen on Tuesday.

Tue, 22 Dec 2020 16:35:57 GMT

Fed asks Credit Suisse to boost AML policies

Credit Suisse Group was ordered by the US Federal Reserve to boost the anti-money laundering policies, following deficiencies in its US operations found by bank examiners.

Tue, 22 Dec 2020 15:17:23 GMT

EU makes final push in trade talks

During an address to the EU leaders, the EU Chief Brexit Negotiator Michel Barnier stated that the EU would make a final push to reach a trade deal with the UK.

Tue, 22 Dec 2020 14:08:10 GMT

Apple shares surge on market open

At the start of Tuesday's US trading, the stock price for Apple jumped by 3%, as news were published about the company planning to enter the auto market in 2024.

Tue, 22 Dec 2020 13:05:18 GMT

ByteDance considers buying stake in CMGE

China's ByteDance is considering to acquire a stake in CMGE Technology Group, the mobile games publisher, as the company seeks to boost its growth's next pillar.

Tue, 22 Dec 2020 12:26:41 GMT

Airbus to become world's bigger jetmaker again

Airbus is expected to beat Boeing as the biggest planemaker in the world for the second consecutive year, ending 2020 by relaunching the A380 superjumbo deliveries to Emirates, despite its final delivery results are seen to have tumbled 35% from 2019.

Tue, 22 Dec 2020 10:39:10 GMT

European shares recover

During Tuesday's European trading hours, stock indices recovered, as US stimulus was expected to boost the global economy.

Tue, 22 Dec 2020 09:46:02 GMT

VW probed over JLR patent infringement

The US International Trade Commission has opened an official probe into Volkswagen's potential infringement of the Jaguar Land Rover-held patents, according to Reuters.

Tue, 22 Dec 2020 08:44:47 GMT

MGM Holdings explores sale

MGM Holdings, the US movie studio behind the "James Bond" franchise, has tapped LionTree and Morgan Stanley investment banks to lead its potential sale, with the company's market value being of about $5.5B, including debt.

Tue, 22 Dec 2020 08:00:08 GMT

Airlines to screen UK passengers for coronavirus

British Airways, Virgin Atlantic and Delta Air Lines agreed to screen the JFK-bound passengers from Britain for the coronavirus, allowing to fly to the New York largest airport only to those who test negative.

Tue, 22 Dec 2020 06:50:10 GMT

Apple aims at car production within four years

Apple is developing its self-driving car technology, targeting car production by 2024, saying it could include the company's own brand new battery technology, Reuters reported.

Tue, 22 Dec 2020 04:03:44 GMT

Asian shares down on COVID-19 concerns

On Tuesday, Asian stocks declined, while oil prices tumbled, on fresh concerns over highly infectious new COVID-19 strain, as Britain's shutdown could result in slower economic recovery.

Tue, 22 Dec 2020 00:33:58 GMT

Tesla shares drop in S&P 500 debut

Tesla's shares tumbled 6.5% from their record high on Monday in the S&P 500 debut, following a report on possible future competition from rival Apple.

Mon, 21 Dec 2020 20:41:59 GMT

EU investigates $30B Aon, Willis Towers deal

EU antitrust regulators have launched a full-scale inquiry into Aon's potential $30B takeover deal of Willis Towers Watson, aimed at building the world's biggest insurance broker, over concerns the bid might reduce competition.

Mon, 21 Dec 2020 19:59:42 GMT

Regulator approves Pfizer vaccine use in EU

On Monday, Europe's medicines regulator has granted the approval for the Pfizer-made COVID-19 vaccine's use, paving the way for the EU to begin inoculations after Christmas.

Mon, 21 Dec 2020 18:45:02 GMT

Air transport faces disruption in EU

Europe's air transport faces significant disruption due to the majority of countries banning flights from the UK due to new coronavirus strain-related fears, Reuters reported.

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