News

Note: This section contains information in English only.
Sun, 18 Apr 2021 12:37:03 GMT

Petrobas confirms top management

On Friday, the Petrobas board confirmed appointment of four new executives including the company's CEO Carlos de Oliveira.

Sun, 18 Apr 2021 11:38:51 GMT

Italy might miss a deadline

According to sources familiar with the matter, the Italian government might fail to present to the European Commission a recovery plan to the April 30 deadline.

Sun, 18 Apr 2021 10:32:01 GMT

Daimler to hire 1000 employees

Daimler AG stated on Sunday that it would hire nearly 1000 software developers that would work on its operating system for EVs.

Sun, 18 Apr 2021 09:39:11 GMT

GM, LG Energy to build plant in Tennessee

On Friday, LG Energy Solution and General Motors announced their plans to build a battery production plant in the state of Tennessee.

Sun, 18 Apr 2021 08:23:49 GMT

Iran and Saudi Arabia hold talks

On Sunday, the representatives of Saudi Arabia and Iran met to patch up relationships.

Sun, 18 Apr 2021 07:00:17 GMT

Ant Group considers options for Ma to exit

According to a source with knowledge of the matter, China's Ant Group is considering ways for Alibaba co-founder Jack Ma to exit.

Sun, 18 Apr 2021 05:00:06 GMT

Morgan Stanley announces $911M loss

On Friday, the US investment bank Morgan Stanley revealed that the collapse of hedge fund Archegos Capital Management cost the bank $911 million.

Sun, 18 Apr 2021 04:00:09 GMT

Pension fund files lawsuit against Credit Suisse

On Friday, the City of St. Clair Shores Police & Fire Retirement System filed a class-action lawsuit against Credit Suisse in the United States.

Sun, 18 Apr 2021 03:00:08 GMT

ARK sells $99.5M of Tesla shares

According to data released by Ark Invest's Cathie Wood, ARK funds sold 134,541 shares of Tesla, estimated at $99.5M.

Sun, 18 Apr 2021 02:00:05 GMT

ARK acquires more Coinbase shares

ARK funds purchased 187,078 shares of Coinbase worth nearly $64 million, Cathie Wood's funds announced on Friday.

Sat, 17 Apr 2021 20:12:07 GMT

Morgan Stanley loses $911M

Morgan Stanley reported on Friday a $911M loss appeared after the collapse of Archegos Capital Management.

Sat, 17 Apr 2021 20:08:17 GMT

China, Iran comment on nuclear talks

On Saturday, the Iranian chief negotiator at nuclear talks in Vienna said that an understanding was emerging at the negotiations, while the Chinese envoy also reported the progress.

Sat, 17 Apr 2021 19:26:17 GMT

US companies stand for emissions cuts

A number of the US energy companies sent a letter to Presiden Biden calling to realize policies that would result in 80% emmissions cut by 2030.

Sat, 17 Apr 2021 17:06:27 GMT

Cryptocurrencies decline

During Saturday's trading, the price for bitcoin and other cryptocurrencies declined, as profit taking occurred.

Sat, 17 Apr 2021 16:00:10 GMT

Yandex to roll out e-grocery delivery in Europe

Russia's internet giant Yandex is bringing the online grocery delivery to Europe by launching it in Paris in 2021's Q2 and plans to roll out the service later in London, following robust demand in Russia amid the pandemic.

Sat, 17 Apr 2021 15:00:11 GMT

Revolut on track for $10B valuation

The British fintech company Revolut is on path to over $10.0B valuation with a new fundraising, according to a Sky News report published on Saturday.

Sat, 17 Apr 2021 14:05:18 GMT

Musk's SpaceX awarded moon lander contract

Space X space company owned by Elon Musk has won the $2.9B NASA contract for building a spacecraft that will make it possible for astronauts to land on the moon in 2024, the agency reported.

Sat, 17 Apr 2021 13:29:10 GMT

Japan, US unite against China

The US President Joe Bide and Japanese Prime Minister Yoshihide Suga stated on Saturday that both countries would counter China's expansion.

Sat, 17 Apr 2021 12:32:58 GMT

GM, LG Energy to build battery plant

LG Energy Solution and General Motors stated on Friday that would build a second battery production plant in the state of Tennessee by 2023.

Sat, 17 Apr 2021 11:35:02 GMT

Credit Suisse faces lawsuit

One of Michigan pension funds on Friday filed a lawsuit against Credit Suisse for improperly managing risky customers, such as Archegos and Greensill Capital.

Sat, 17 Apr 2021 10:32:29 GMT

Morgan Stanley reports $911M loss

Morgan Stanley reported on Friday that it had lost $911M from the crash of Archegos Capital Management.

Sat, 17 Apr 2021 09:36:29 GMT

ARK buys more Coinbase, Tesla shares

On Friday, ARM acquired Coinbase Global Inc's another 187,078 shares worth nearly $64M.

Sat, 17 Apr 2021 07:00:09 GMT

LG, GM to build second battery factory in US

On Friday, LG Energy Solution and General Motors announced plans to build the second battery factory in Tennessee.

Sat, 17 Apr 2021 06:00:08 GMT

US homebuilding surges to nearly 15-year highs

As reported by the US Commerce Department on Friday, US homebuilding rose to almost 15-year highs last month.

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