News

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Fri, 26 Feb 2021 19:50:31 GMT

Ardagh Metal to sell $2.8B green bond

Ardagh Metal Packaging is set to sell its green bonds worth nearly $2.8B, the largest green issuance in the high-yield market to date, within a plan to merge with Alec Gores-backed blank-check company.

Fri, 26 Feb 2021 19:16:41 GMT

Beyond Meat deals with Yum Brands, McDonald's

Plant-based meat producer Beyond Meat announced that it signed multi-year supply agreements with McDonald's and Yum! Brands Inc.

Fri, 26 Feb 2021 18:29:27 GMT

India economy expands

The economy of India increased 0.4% in the October-December period, after contracting for two consecutive quarters, data published by the government show.

Fri, 26 Feb 2021 16:48:23 GMT

US consumer spending rises

US consumer spending increased 2.4% in January, by the most in seven months, data published by the Commerce Department show.

Fri, 26 Feb 2021 16:32:00 GMT

Norwegian Air cancels Airbus order

Norwegian Air Shuttle, a Norwegian low-cost airline, cancelled 88 narrow-body jets order from Airbus, a Norwegian Air spokesman says.

Fri, 26 Feb 2021 14:55:21 GMT

Nvidia recovers after plummeting

At the start of Friday's US trading hours, the stock price for Nvidia recovered by 3.35%. Previously, on Thursday, the stock price plunged by 8.22%.

Fri, 26 Feb 2021 13:57:43 GMT

Toyota makes fuel cell system module

On Friday, Toyota Motor stated it had developed a new module of the fuel cell system, seeking to expand the zero-emission technology accessibility and usage.

Fri, 26 Feb 2021 12:46:03 GMT

Futures drop on tech stocks decline

On Friday, the US stock index futures fell as tech stocks were down between 0.6% and 0.9% due to elevated US bond yields as well as a potential spike in inflation.

Fri, 26 Feb 2021 12:36:22 GMT

Fisker to set up battery cell facilities

Fisker is exploring a possibility to establish a battery cell production facility in the United States and Europe, seeking to secure solid supplies of its key component.

Fri, 26 Feb 2021 10:41:04 GMT

Bitcoin extends retracement

During Friday's Asian trading session, the price for Bitcoin touched the 44,150.00 level, as a broad sell off of all assets occurred.

Fri, 26 Feb 2021 10:29:45 GMT

Ant to bolster finance arm's capital

China's Ant Group has entered talks with shareholders of its consumer finance division to boost the unit's capital, seeking to fold in its profitable micro-lending businesses.

Fri, 26 Feb 2021 09:14:44 GMT

Kia's shares soar 8.1%

On Friday, Kia Corp's shares surged 8.1% following a news report on a possibility for the carmaker to partner with Apple.

Fri, 26 Feb 2021 07:58:13 GMT

Salesforce profit likely to miss estimates

Salesforce.com reported its full-year profit forecast is likely to miss market expectations, sending its shares down as much as 3.9% in the extended trading.

Fri, 26 Feb 2021 06:47:27 GMT

AT&T plans DirecTV's stake sale

The wireless carrier AT&T announced its plans to sell around a third of the satellite TV arm DirecTV's stake to TPG Capital, the buyout company, with the deal likely to close in the 2021 H1.

Fri, 26 Feb 2021 05:44:04 GMT

Twitter aims to double annual revenue

Twitter is seeking to double its annual revenue, reaching at least 315M users by 2023, by launching new products and features faster, sending its shares up 5.6% on the news.

Fri, 26 Feb 2021 05:02:52 GMT

Infineon plans to meet chip demand

German chipmaker Infineon is expanding its output capacity with intention to address the global supply shortages, anticipating it can meet the customers' needs in the long term.

Fri, 26 Feb 2021 03:54:35 GMT

Suning.com shareholders plan stake sale

Suning.com's shareholders are considering a sale of up to 25% of the Chinese retailer to unknown-to-public buyers in a potential deal that could lead to a control change, as its parent plans to raise cash.

Thu, 25 Feb 2021 21:41:06 GMT

Microsoft experiences tech failures

On Thursday, Microsoft reported it was facing log-in problems with the livestreaming in its Teams workplace messaging app.

Thu, 25 Feb 2021 20:50:02 GMT

Fiat Chrysler to invest $203.99M in Poland

The Italian-American car manufacturer Fiat Chrysler plans to invest $203.99 in its plant in Poland, where new Jeep, Fiat and Alfa Romeo models will be manufactured, the Deputy Prime Minister Jaroslaw Gowin says.

Thu, 25 Feb 2021 20:01:10 GMT

Uzbekistan attracts $6.6B foreign direct investment

Uzbekistan attracted $6.6B in foreign direct investment in 2020 and wants to increase it to $7.6B in 2021, data published by the government show.

Thu, 25 Feb 2021 19:07:26 GMT

World Bank: Cambodia economy to expand in 2021

The economy of Cambodia is projected to expand 4% in 2021 after a contraction in 2020, a statement published by the World Bank shows.

Thu, 25 Feb 2021 18:22:59 GMT

Greece projects economy to grow 4.8% in 2021

The Greek economy is expected to expand 4.8% in 2021, a statement published by the Greek Prime Minister Kyriakos Mitsotakis shows.

Thu, 25 Feb 2021 17:34:11 GMT

Singapore economy contracts in 2020

The economy of Singapore contracted 5.8% in 2020, compared to the previous year, data published by the Ministry of Trade and Industry show.

Thu, 25 Feb 2021 16:29:00 GMT

Jordan economy to grow 2.5% in 2021

The economy of Jordan is expected to expand 2.5% in 2021 following a 3% contraction in 2020, a statement published by the Prime Minister Bisher Khasawneh shows.

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