News

Note: This section contains information in English only.
Mon, 26 Apr 2021 20:00:07 GMT

Apple to build new campus, expand operations

Apple Inc is set to build a new facility in North Carolina for up to 3K employees, expand operations in other states and increase spending targets with local suppliers.

Mon, 26 Apr 2021 19:05:29 GMT

Unilever to acquire Onnit

Unilever is set to acquire food supplement firm brand Onnit, joining its rivals, such as Nestle SA, in broadening its portfolio of brands focused on nutrition and health.

Mon, 26 Apr 2021 18:42:42 GMT

Spotify to increase prices across UK, US

Spotify Technology SA announced its intention to increase the prices over some of the subscription plans in the Uk and the US from April 30.

Mon, 26 Apr 2021 17:24:02 GMT

Michelin's sales up in Q1 on stronger demand

Tyre maker Michelin revealed a 2.3% increase in first-quarter sales to €5.45B, the first quarterly rise since the Q4 of 2019, before the pandemic.

Mon, 26 Apr 2021 16:00:07 GMT

Tesla to add recycling facilities

Tesla is planning to add new electric vehicle components recycling facilities at the Shanghai plant to reproduce and repair battery cells and electric motors, the US electric carmaker reported on Monday.

Mon, 26 Apr 2021 15:00:08 GMT

Apple to build $1.0B worth campus

On Monday, Apple announced its plans to build a new North Carolina campus that would house around 3K employees, as well as expand the company's operations in other parts of the United States and boost its spending goals with US suppliers.

Mon, 26 Apr 2021 14:00:07 GMT

US car dealers win from chip shortage

Unlike car manufacturing leaders, such as Ford Motor and General Motors, the US dealers are winning from the global chip shortage, as the deficit lifts their profit, as they charge a full price for the top-demanded trucks and SUVs.

Mon, 26 Apr 2021 13:00:09 GMT

WHO to review Moderna vaccine

Moderna's vaccine against COVID-19 is set to be reviewed by technical experts as soon as April 30 for potential WHO emergency listing, the World Health Organization said on Monday.

Mon, 26 Apr 2021 12:00:07 GMT

China to probe Meituan

On Monday, China's market regulator stated it had started an antitrust inquiry into Meituan, the Chinese food delivery giant, amid the country's widespread crackdown on extensive internet platform economy.

Mon, 26 Apr 2021 11:05:03 GMT

Bitcoin surges 8% on Monday

On Monday, Bitcoin soared 8% and was heading to snap the five-day losses, following the cryptocurrency's dramatic slump from its record-high jump earlier this month.

Mon, 26 Apr 2021 09:42:44 GMT

Global military expenditure soars

Global military spending surged by 2.6% to 1.98 trillion US Dollars in 2020 even, despite some defence funds being reallocated to battle the coronavirus pandemic, according to a SIPRI report published on Monday.

Mon, 26 Apr 2021 08:46:26 GMT

Philips raises 2021 outlook

On Monday, Philips reported a 74% surge in its Q1 profit and raised its 2021 forecast, as the COVID-19 pandemic boosts demand for the company's personal health appliances and hospital equipment.

Mon, 26 Apr 2021 08:22:14 GMT

EU to let visits for vaccinated Americans

The European Union is set to allow vaccinated US citizens to visit Europe this summer, easing current travel restrictions.

Mon, 26 Apr 2021 07:00:12 GMT

Super Group to go public via SPAC deal

Online bookmaker Betway's parent Super Group is planning to go public via a merger with Sports Entertainment Acquisition, the blank-check acquisition company, in a deal valued at around $5.0B.

Mon, 26 Apr 2021 06:03:10 GMT

Porsche to build EV battery cells plant

Porsche AG, Volkswagen's luxury sports carmaker, seeks to accelerate its e-mobility drive and build a plant in the southern Germany to manufacture electric vehicle battery cells, according to its CEO's statement.

Mon, 26 Apr 2021 05:00:06 GMT

Israeli imports from China increase

Israeli imports from China increased by 51.8% to $2.99B in the first three months of 2021, compared to the prior year, the Central Bureau of Statistics reports.

Mon, 26 Apr 2021 04:00:08 GMT

Daimler sales rise

Sales of the German carmaker Daimler increased by 13% to 728,600 cars in the first quarter of the current year, compared to the same period in 2020.

Mon, 26 Apr 2021 03:00:07 GMT

China approves new IPOs

The China Securities Regulatory Commission approved IPOs of China Three Gorges Renewables, Jiangxi Jovo Energy and Tianjin Yiyi Hygiene Products.

Sun, 25 Apr 2021 23:04:48 GMT

China Mobile profit rises

China Mobile, one of the leading telecommunication operators in the country, announced a profit growth of 2.3% in the first quarter of 2021, compared to the previous year.

Sun, 25 Apr 2021 20:00:08 GMT

Betway goes public

On Sunday, Betway announced that the company would go public together with its parent company Sports Entertainment Acquisition.

Sun, 25 Apr 2021 19:00:07 GMT

US Senate Democrats favour new bill

Key US Senate Democrats revealed on Sunday that they favour a smaller infrastructure bill instead of the currently proposed.

Sun, 25 Apr 2021 18:00:07 GMT

Reuters surveys experts

On Sunday, Reuters published survey results, which revealed that the ongoing US Stock rally could slow down.

Sun, 25 Apr 2021 17:00:07 GMT

Aeromexico buys planes

Aeromexico announced on Sunday that it would buy 28 new Boeing airplanes to save $2B in costs.

Sun, 25 Apr 2021 16:00:09 GMT

Italy reaches deal with EU

On Sunday, the Prime Minister of Italy Mario Draghi stated that Italy had reached an agreement with the EU over the Italian recovery plan.

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