News

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Mon, 05 Apr 2021 16:01:38 GMT

Dollar declines on Monday

During Monday's US trading hours, the value of the US Dollar reached a one-week low level, as retracement after recent high levels was occurring.

Mon, 05 Apr 2021 15:00:07 GMT

Putin signs law allowing two more terms

The President of Russia Vladimir Putin inked a law authorising him to run for two extra terms in the Kremlin once the current term expires in 2024.

Mon, 05 Apr 2021 14:00:08 GMT

SoftBank to lead $1.2B investment in Invitae

Invitae Corp announced that the group of investors including SoftBank Group are set to invest $1.15B in the US genetic diagnostics company Invitae.

Mon, 05 Apr 2021 13:00:07 GMT

LG becomes first major brand to quit market

South Korea's LG Electronics is set to wind down its mobile unit after failing to find a buyer, as the first major smartphone brand to fully withdraw from the market.

Mon, 05 Apr 2021 12:00:06 GMT

Russia prolongs Twitter slowdown until May 15

Russia announced that it would continue a Twitter slowdown until mid-May, though it confirmed the US social media firm speeded up banned content deletion.

Mon, 05 Apr 2021 11:30:34 GMT

Alkami strives for $2B valuation in IPO

Alkami Technology was aiming for a more than $2.08B valuation in the US initial public offering, the banking software supplier stated.

Mon, 05 Apr 2021 10:00:06 GMT

Granholm says Biden to push infrastructure plan

The US President Joe Biden will will advance his $2T infrastructure plan even without the support of Republican lawmakers, the US Energy Secretary Jennifer Granholm stated on Sunday.

Mon, 05 Apr 2021 09:00:07 GMT

Johnson to outline plans to reopen UK's economy

According to Reuters News, the UK Prime Minister Boris Johnson is expected to confirm on Monday that outdoor hospitality, non-essential retail and hairdressers can reopen on April 12.

Mon, 05 Apr 2021 08:00:09 GMT

Crude oil prices edge lower

On Monday, crude oil prices edged lower after the Organization of the Petroleum Exporting Countries, Russia and their allies, agreed to gradually ease production cuts by 350,000 barrels per day in May.

Mon, 05 Apr 2021 07:00:08 GMT

US Dollar remains stable

On Monday, the US dollar index remained stable, as investors and traders await data on the US services industry.

Mon, 05 Apr 2021 06:00:07 GMT

Global stock prices edge higher

On Monday, global equity markets surged to a 1 1/2-month high after data from the US Labour Department showed that US employment surged by 916,000 in March.

Mon, 05 Apr 2021 05:00:09 GMT

Kosovo parliament elects Vjosa Osmani new president

Kosovo's parliament appointed a US educated female law professor as the new president of the country after her predecessor Hashim Thaci resigned over war crimes charges.

Mon, 05 Apr 2021 04:00:06 GMT

Biden to push infrastructure plan

The US President Joe Biden will push his $2 trillion infrastructure plan even without the support of the Republican Party, the Energy Secretary Jennifer Granholm says.

Mon, 05 Apr 2021 03:00:07 GMT

Former GE exec Kekedjian to lead Icahn Enterprises

Former General Electric executive Aris Kekedjian will join Icahn Enterprises as a CEO, the founder and controlling shareholder Carl Icahn says.

Mon, 05 Apr 2021 02:00:07 GMT

ByteDance: bank accounts freeze in India illegal

The Indian government's decision to freeze China's ByteDance bank accounts in a tax evasion probe is a harassment and is illegal, a filing to an Indian court shows.

Sun, 04 Apr 2021 20:00:06 GMT

Biden administration comments on jobs

On Sunday, US President's Joe Biden's advisor Brian Deese stated that the recent 2$ infrastructure plan was designed to increase job creation.

Sun, 04 Apr 2021 19:00:05 GMT

Leakers offer Facebook data

Reuters reported on Sunday that a group of leakers were offering for sale the private data of almost 500 million users.

Sun, 04 Apr 2021 18:00:06 GMT

France increases 2021 deficit

On Sunday, the Finance Minister of France Bruno Le Maire stated that the public budget deficit of France would increase to 9% of GDP.

Sun, 04 Apr 2021 17:00:07 GMT

France and EC agree upon KLM

The European Commission announced on Sunday that it had made a deal with France in regards to refinancing Air France-KLM finances.

Sun, 04 Apr 2021 16:25:05 GMT

France cuts growth forecast

On Sunday, the government of France announced that the French economy would grow by 5.00% instead of 6.00% in 2021.

Sun, 04 Apr 2021 15:00:07 GMT

Airbus, Dassault make tentative deal

On Friday, Airbus and Dassault Aviation reached a preliminary agreement on the FCAS fighter project, according to people familiar with the matter.

Sun, 04 Apr 2021 14:00:07 GMT

US companies look for workers

Many American factories continued to complain on the shortage of workers despite that the Labor Department had reported creation of 916K new jobs in March.

Sun, 04 Apr 2021 13:00:06 GMT

Hertz chooses Chapter 11 exit plan

On Saturday, Hertz Global Holdings Inc accepted an equity capital provision plan from Centerbridge Partners, Dundon Capital Partners and Warburg Pincus.

Sun, 04 Apr 2021 12:00:06 GMT

Tesla submits appeal

On Sunday, Tesla Inc filed appeal against the US Labor Relations Board's decision that the company had violated labour law.

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