- Wed, 26 May 2021 06:00:16 GMT
Vimeo shares drop in debut on Tuesday
Vimeo's shares tumbled as much as 9.5% in their Nasdaq debut on Tuesday after InterActiveCorp's spin-off.
- Wed, 26 May 2021 05:00:07 GMT
US firms appoint more African-American directors
According to ISS Corporate Solutions, S&P 500 companies have appointed more African-American directors since last year.
- Wed, 26 May 2021 03:59:55 GMT
Tesla establishes site in China to store data
On Tuesday, the US electric car producer Tesla Inc announced that it has set up a site in China to store vehicle data locally.
- Wed, 26 May 2021 03:00:07 GMT
SMBC agrees to acquire 14 new 737 MAX jets
SMBC Aviation Capital has ordered 14 additional Boeing 737 MAX aircraft, the company's Chief Executive Officer Peter Barrett announced on Tuesday.
- Wed, 26 May 2021 02:00:08 GMT
Huawei to launch new OS in June
Huawei Technologies will launch its Harmony operating system (OS) for smartphones next week, the Chinese tech giant announced on Tuesday.
- Tue, 25 May 2021 19:00:07 GMT
VW gets €7.5B offer for Lamborghini
Volkswagen received a €7.5B offer for Lamborghini, Autocar reported, though VW's Audi stated that the supercar brand was not for sale.
- Tue, 25 May 2021 18:27:43 GMT
Ford follows VW, GM with new EV platforms
Ford Motor is expected to announce that it was developing two dedicated all-electric car platforms within the strategy to catch Volkswagen, General Motors and Tesla, sources said.
- Tue, 25 May 2021 18:00:07 GMT
Putin, Biden to meet in Geneva in June
The US President Joe Biden and Russia's President Vladimir Putin are expected to meet in Geneva on June 16 amid sharp disputes on election interference, cyberattacks and human rights.
- Tue, 25 May 2021 17:18:57 GMT
VW, BMW to face reduced emission fines by EU
Volkswagen and BMW are set to face lowered EU antitrust fines on clean emissions technology after regulators narrowed the investigation scope, a source familiar with the matter stated.
- Tue, 25 May 2021 16:00:07 GMT
Germany looking into Google
The German antitrust regulator has opened an inquiry into Google to see whether it is exploiting its market dominance by the way the tech giant is handling its data, the watchdog said on Tuesday.
- Tue, 25 May 2021 15:00:06 GMT
Huawei to roll out Harmony in June
China's Huawei Technologies is planning the launch of Harmony, its new smartphone operating system, as soon as June 2, as the company tries to recover from damages done by sanctions imposed by the United States.
- Tue, 25 May 2021 14:00:08 GMT
Sinopec plans green hydrogen project
Sinopec, China's state-controlled oil company, is planning to unveil the green hydrogen plant, where renewable energy sources will generate zero-carbon fuel, in the region of Inner Mongolia in 2022.
- Tue, 25 May 2021 12:54:51 GMT
Elbit Systems sees further growth
On Tuesday, Israel's Elbit Systems, the defence electronics specialist, posted a higher quarterly profit and expects further growth from its night-vision technology business as well as other acquired operations.
- Tue, 25 May 2021 12:15:33 GMT
ICBC gets green light for JV
Industrial and Commercial Bank of China has received an approval on Tuesday to establish the foreign-controlled wealth management joint venture with Goldman Sachs.
- Tue, 25 May 2021 11:00:06 GMT
Germany's largest landlords to tie up
Germany's two largest landlords Deutsche Wohnen and Vonovia SE have agreed to tie up in $22B deal that poses risks for rising tensions over the affordable housing ahead of September's general elections.
- Tue, 25 May 2021 09:57:24 GMT
UK regulator reviews AstraZeneca-Alexion deal
The UK competition regulator is looking into AstraZeneca's $39B buyout of Alexion due to concerns it could hurt competition in Britain's market or elsewhere.
- Tue, 25 May 2021 08:42:06 GMT
SMBC orders 14 extra 737 MAX jets
SMBC Aviation Capital, the aircraft leasing firm, is set to acquire additional 14 737 MAX jets from Boeing with the low-cost airline configuration.
- Tue, 25 May 2021 08:22:58 GMT
Huawei to roll out new operating system
China's Huawei Technologies is set to launch its new phone operating system "Harmony" on June 2, in the Chinese company's latest efforts to recover from the US sanctions-related damage.
- Tue, 25 May 2021 07:00:08 GMT
Coinbase names new chief policy officer
Coinbase Global appointed the ex-White House official Faryar Shirzad as its new chief policy officer, according to the cryptocurrency exchange's statement made in its blog post.
- Tue, 25 May 2021 06:00:09 GMT
Codelco signs deal with Microsoft
The world's biggest copper producer Codelco announced it had signed a deal with Microsoft to extend automation at the Chilean company's copper mines by fast-tracking the digitisation of operations.
- Tue, 25 May 2021 05:00:08 GMT
Israel inks deal with Google, Amazon
Then Israeli government signed a deal worth over $1.0B with Google and Amazon Web Services to provide their cloud services to the country's military and public sector.
- Tue, 25 May 2021 04:00:07 GMT
US sees 7-10 new chip factories
Gina Raimondo, the US Commerce Secretary, stated that the proposed $52B boost in the government funding for chip research and production could result in up to ten new US plants.
- Tue, 25 May 2021 03:00:07 GMT
BoE's Bailey calls cryptos 'dangerous'
Andrew Bailey, the Bank of England's Governor, called cryptocurrencies and similar assets "dangerous" to the public, reaffirming his concern about them.
- Mon, 24 May 2021 23:56:59 GMT
WhatsApp sees user privacy as 'highest priority'
WhatsApp told the government of India that user privacy was the company's highest priority following raised questions by the Indian technology ministry over its new privacy policy.