News

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Sat, 22 Aug 2020 06:32:50 GMT

Turkey finds gas in Black Sea

The Turkish President Tayyip Erdogan announced on Friday discovery of a 11.3T cubic feet gas field in Black Sea.

Sat, 22 Aug 2020 05:39:39 GMT

Delta Air Lines to resume flights

Joe Esposito, the Senior Vice President at Delta Air Lines, stated on Saturday that the company was ready to resume 50 international flights next year.

Sat, 22 Aug 2020 04:27:26 GMT

US, EU deal on lower tariffs

The European Union and the United States announced a mini-deal valued at nearly $200M to slash import tariffs over some products, including US lobsters.

Sat, 22 Aug 2020 03:32:18 GMT

JPMorgan to launch digital bank in UK

JPMorgan Chase & Co announced plans to launch its online UK retail bank in the Q1 of 2021 under the Chase brand, Sky News reported.

Fri, 21 Aug 2020 21:53:42 GMT

Amazon.com's consumer CEO to retire

Amazon.com announced that Jeff Wilke, its longtime Executive and Consumer Chief, is set to retire next year after more than two decades with the company.

Fri, 21 Aug 2020 19:45:35 GMT

US home sales at 14-year high

The US home sales grew 24.7% to an annual rate of 5.86M units in July, as low interest rates fuelled demand for homes even during coronavirus crisis.

Fri, 21 Aug 2020 18:46:02 GMT

Nippon Paint joins Wuthelam for $12B

Nippon Paint Holdings, the biggest paint maker in Japan, struck a $12.2B deal to join with Wuthelam Holdings, aiming to create dominant paints and coatings firm in Asia.

Fri, 21 Aug 2020 17:47:09 GMT

Wirecard sells operations in Brazil

Wirecard signed a deal to sell its assets in Brazil, the first asset to sell after the firm collapsed due to an accounting scandal earlier in 2020, its insolvency administrator stated.

Fri, 21 Aug 2020 16:47:07 GMT

Hg to invest nearly $2B in Visma

European software investor Hg is set to invest nearly $2B in Visma, the Norwegian software company, which is currently valued at about $12.2B, sources said.

Fri, 21 Aug 2020 15:42:21 GMT

EU okays aid for Lufthansa's Belgian unit

The European Commission approved a €290M aid package for German carrier Lufthansa's Belgian unit to help the company to ride out the coronavirus crisis.

Fri, 21 Aug 2020 14:42:10 GMT

Adyen top executives sell 15% of stakes

Several top executives at Adyen, the Dutch-based payment-processing firm, sold 15% of their stakes in the company, cashing $822M in total.

Fri, 21 Aug 2020 14:24:48 GMT

Euro drops on business data

The European Purchasing Managers Indices released on Friday revealed worse than expected outlook and caused a Euro decline.

Fri, 21 Aug 2020 12:44:53 GMT

UK retail sales surge

On Friday, it was revealed by statisticians that in July UK retail sales surged past pre-coronavirus levels.

Fri, 21 Aug 2020 11:44:41 GMT

RBNZ comments on labour

The Reserve Bank of New Zealand revealed on Friday that it is closely monitoring labour market conditions to decide upon interest rates.

Fri, 21 Aug 2020 10:41:50 GMT

Turkey discovers gas in Black Sea

On Friday, Turkey reported significant findings of gas in the Black Sea, which should start a new era for Turkish energy.

Fri, 21 Aug 2020 09:43:20 GMT

Westpac sells vendor business

The Australian Westpac Banking Corp stated on Friday that it would sell the company's vendor finance business. The business would be sold to a US firm.

Fri, 21 Aug 2020 09:18:34 GMT

Tesla stock passes 2,000.00 mark

During Thursday's US trading hours, Tesla stock price pierced the 2,000.00 level, as the company announced a share split, which could attract more investors.

Fri, 21 Aug 2020 07:42:20 GMT

Oil prices rise

On Friday, news outlets reported that crude oil prices were about to book a third week of gains. However, note that the prices had gained less than 7%.

Fri, 21 Aug 2020 06:41:13 GMT

US funds experience outflows

On Thursday, Lipper revealed that US equity funds had experienced a $9.3 billion weekly fund outflow.

Fri, 21 Aug 2020 05:41:27 GMT

Japanese consumer prices are flat

Data released on Friday revealed that throughout July Japan's core consumer prices had remained unchanged.

Fri, 21 Aug 2020 03:52:37 GMT

Powell schedules public speech

The Chairman of the US Federal Reserve Jerome Powell on Thursday scheduled a speech on policy for the next Thursday, August 27.

Fri, 21 Aug 2020 03:32:08 GMT

Uber and Lyft win case in California

On Thursday, a Californian court of appeals announced that Uber and Lyft do not have to register their drivers as employees.

Thu, 20 Aug 2020 20:41:14 GMT

Stocks retrace back up

During Thursday's US trading hours, in the aftermath of the Wednesday's decline, US stock indices retraced back up.

Thu, 20 Aug 2020 19:54:43 GMT

SQM reveals record sales

SQM sold more than 12.6K tonnes of lithium in the Q2, up 45% from the Q1, even as lower prices ravaged profits, the producer of the metal used in EV batteries stated.

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