News

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Wed, 06 Jan 2021 12:41:04 GMT

UnitedHealth to acquire Change Healthcare

UnitedHealth Group will acquire Change Healthcare in a cash deal worth $7.84B to build up technology services portfolio, both companies reported on Wednesday.

Wed, 06 Jan 2021 11:22:55 GMT

Markets await for Fed minutes

On Wednesday, the financial markets were expecting the Federal Open Markets Committee Meeting Minutes, which were expected to reveal the future outlook on the USD.

Wed, 06 Jan 2021 10:12:09 GMT

Bitcoin hits new record-high level

On Wednesday, Bitcoin traded above $35K, hitting its new record high in Asia, extending its rally seeing the digital currency surge over 800% since mid-March.

Wed, 06 Jan 2021 09:07:07 GMT

Michelin plans 2.3K job cuts

On Wednesday, Michelin, the French tyre maker, announced its plans to trim its workforce by around 2.3K jobs during the following three years.

Wed, 06 Jan 2021 08:37:22 GMT

Trump bans US transactions with China apps

The US President Donald Trump ordered to ban US transactions with eight China software apps, including Alipay mobile payment service, according to the White House.

Wed, 06 Jan 2021 06:02:58 GMT

Gopinath says global economy begin 2021 stronger

The global economy is beginning the year at a stronger point than had been foreseen in 2020, the International Monetary Fund Chief Economist Gita Gopinath stated on Tuesday.

Wed, 06 Jan 2021 05:06:14 GMT

GM reports 4.8% surge in US auto sales

On January 5, General Motors announced a 4.8% jump to 771,323 units in the United States auto sales for the Q4.

Wed, 06 Jan 2021 04:01:50 GMT

Saudi Arabia offers extra oil supply cut

According to two OPEC+ sources, Saudi Arabia has offered to make a voluntary crude oil production cuts in February.

Wed, 06 Jan 2021 03:03:40 GMT

UK to offer firms $6.2B to soften recession

On Tuesday, the United Kingdom offered a $6.2 billion aid package for companies to soften an expected COVID-19 recession.

Tue, 05 Jan 2021 20:58:51 GMT

GM: US auto sales up 4.8% in Q4

General Motors reported a 4.8% increase to 771K units in the US auto sales for the Q4, fuelled by demand for new cars during the coronavirus pandemic.

Tue, 05 Jan 2021 20:21:10 GMT

Crypto trading volumes reach $68.3B

Trading volumes at the main crypto exchanges hit a new daily record of $68.3B on Monday, research revealed on Tuesday.

Tue, 05 Jan 2021 18:46:58 GMT

EV sales at 54% of all cars sold in Norway

The sale of electric vehicles in Norway reached 54.4% market share IN 2020, overtaking petrol, diesel and hybrid vehicles, with Volkswagen replacing Tesla as the top BEV producer.

Tue, 05 Jan 2021 17:56:44 GMT

Tokopedia, Gojek in $18B merger negotiations

Indonesian e-commerce leader Tokopedia and ride-hailing and payments firm Gojek were in talks about an $18B merger before a potential listing in the US and Jakarta.

Tue, 05 Jan 2021 17:06:41 GMT

Bentley reveals record sales amid China boost

Bentley revealed record sales of 11K vehicles in 2020 despite the factory closures during the lockdown in the UK, as demand in China soared by almost 50%.

Tue, 05 Jan 2021 15:47:50 GMT

Mondelez acquires snack maker Hu

Mondelez International Inc announced that it bought Hu Master Holdings, the healthy snack maker, as demand increased among consumers during the pandemic.

Tue, 05 Jan 2021 15:11:52 GMT

Amazon acquires 11 aircraft amid fleet expansion

On Tuesday, Amazon.com announced it had acquired 11 Boeing 767-300 planes, as it seeks to boost delivery with the expanded fleet.

Tue, 05 Jan 2021 14:21:56 GMT

Honda suspends car output in Britain

Japan's Honda is halting its UK output for two days, starting Tuesday, amid delays in global supply, the carmaker announced earlier this day.

Tue, 05 Jan 2021 13:29:27 GMT

Qualcomm appoints new CEO

On Tuesday, the chipmaker Qualcomm announced it had appointed Cristiano Amon as the company's new chief executive officer, succeeding Steven Mollenkopf.

Tue, 05 Jan 2021 12:09:14 GMT

Airbus tops 560-plane delivery target for 2020

Airbus beat its 2020 goal by delivering over 560 aircraft, airline industry sources and tracking data showed on Tuesday.

Tue, 05 Jan 2021 10:41:43 GMT

UK subsidizes firms

On Tuesday, the government of the United Kingdom announced a 4.6 billion pound stimulus package for struggling businesses.

Tue, 05 Jan 2021 09:48:05 GMT

Alibaba to close Xiami music app

China's Alibaba Group is planning to shut down Xiami Music, its music streaming service, next month, marking its step back from intentions to push into the Chinese entertainment industry.

Tue, 05 Jan 2021 09:37:27 GMT

Gojek, Tokopedia consider $18B merger

Gojek, Indonesia's ride-hailing and payment company, has entered the advanced talks with the e-commerce leader Tokopedia over a potential a $18B merger deal.

Tue, 05 Jan 2021 08:34:10 GMT

FCA, Peugeot get approval for merger

PSA Group and Fiat Chrysler have been granted an approval by investors for the planned $52B merger deal to establish the fourth biggest automaker in the world, while new company's shares would start trading as soon as in two weeks.

Tue, 05 Jan 2021 07:37:21 GMT

Google workers establish small union

Over 200 Google workers formed a labour union on Monday for the Canadian and US offices, expecting more protests regarding business practices and working conditions.

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