News

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Wed, 11 Nov 2020 04:54:17 GMT

DOJ approves Uber's acquisition of Postmates

Uber Technologies announced on Tuesday that the US Department of Justice had approved its plan to acquire the food delivery firm Postmates.

Wed, 11 Nov 2020 04:03:02 GMT

Job openings in US expand in September

As reported by the US Labor Department on Tuesday, job openings in the United States rose by 84,000 to 6.4 million in September.

Wed, 11 Nov 2020 02:33:27 GMT

Ford Motor to hire 350 US workers

On Tuesday, Ford Motor announced that it plans to add 350 US workers to boost production of the electric F-150 pickup truck.

Tue, 10 Nov 2020 20:41:10 GMT

Embraer prepares for 2021

World's third largest airplane maker Embraer revealed on Tuesday that in 2021 the company is expecting new waves of the coronavirus, which would hinder global travel.

Tue, 10 Nov 2020 19:45:32 GMT

Spotify buys Megaphone

On Tuesday, Spotify Technology SA agreed to buy the podcast publishing and advertising platform Megaphone.

Tue, 10 Nov 2020 18:55:03 GMT

Walmart partners with General Motors

Walmart announced on Tuesday that it would partner with General Motors Cruise to introduce self-driving delivery in Arizona.

Tue, 10 Nov 2020 18:07:21 GMT

BioNTech comments on vaccine pricing

On Tuesday, BioNTech stated that the company would price the coronavirus vaccine below typical market rates and the price would differ in various regions.

Tue, 10 Nov 2020 16:40:41 GMT

Canadian Dollar pauses surge

During Tuesday's trading hours, the Canadian Dollar declined in value, as it retraced back down in the aftermath of reaching a two year high level.

Tue, 10 Nov 2020 15:45:46 GMT

US markets decline

On Tuesday, US stock market indices declined, as some tech stocks returned to pre-US Election levels.

Tue, 10 Nov 2020 15:34:31 GMT

Ford plans extra jobs to boost F-150 output

On Tuesday, Ford Motor announced it would hire 350 extra workers in the US, seeking to expand its output capacity for the electric F-150 pick-up truck in Michigan as well as add an assembly of the electric commercial vans at its Kansas City-based plant.

Tue, 10 Nov 2020 13:54:14 GMT

France's OVH ties up with Google

On Tuesday, the French technology company OVH stated it teamed up with Google over building its cloud computing capacities in a push towards the European contender's development in the area.

Tue, 10 Nov 2020 13:34:38 GMT

Microsoft rolls out new Xbox gaming consoles

On Tuesday, Microsoft Corp launched two new models of the next-generation Xbox gaming console, as the pandemic boosted demand for video games.

Tue, 10 Nov 2020 11:59:54 GMT

Brazil's Embraer report $121M loss

On Tuesday, Brazil's planemaker Embraer reported a $121M loss for its Q3 due to the curbed travel across the globe caused by the coronavirus pandemic, which hit private and commercial jet demand.

Tue, 10 Nov 2020 11:14:23 GMT

EU announces charges against Amazon

On Tuesday, Reuters revealed that the European Commission was scheduled to announce charges against Amazon due to antitrust issues.

Tue, 10 Nov 2020 10:27:23 GMT

Huawei plans Honor unit sale

Huawei is planning a sale of its budget-brand phone unit Honor in the deal worth $15.2B to the Shenzhen government and Digital China-led consortium, Reuters reported on Tuesday.

Tue, 10 Nov 2020 08:47:25 GMT

J.C. Penney gets rescue deal approval

A US judge approved a rescue deal for J.C. Penney Co, saving the firm from potential bankruptcy caused by the coronavirus crisis; the deal that is expected to save approximately 60K jobs.

Tue, 10 Nov 2020 08:20:29 GMT

Adidas sees sales returning to growth

Adidas, the German sportswear giant, is expecting its China sales returning to growth in the Q4, forecasting a similar sales decline level overall as the firm had reported in the Q3.

Tue, 10 Nov 2020 07:30:13 GMT

Norwegian Air fears of running out of cash

Norwegian Air warned of running out of cash at the beginning of 2021 unless the carrier secures fresh funding, as the company had been hit hard due to pandemic.

Tue, 10 Nov 2020 05:40:45 GMT

General Motors hires works

General Motors announced on Monday that the company would hire additional 3,000 employees in design, IT and engineering divisions.

Tue, 10 Nov 2020 05:30:43 GMT

Brazil negotiates with Pfizer

On Monday, Brazilian authorities revealed that they are in talks with Pfizer about acquiring the coronavirus vaccine for the country's national vaccination program.

Tue, 10 Nov 2020 03:40:02 GMT

US official comments on new vaccine

The US Health and Human Services Secretary Alex Azar stated on Monday that the new Pfizer vaccine still has to receive official approval.

Mon, 09 Nov 2020 21:54:06 GMT

Investors bet on vaccine

On Monday, Reuters published a report, which revealed that due to the announced coronavirus vaccine investors have started buying back stocks.

Mon, 09 Nov 2020 21:05:13 GMT

Crude oil prices surge

During Monday's trading hours, crude oil prices surged, as the markets expected a recovery in demand due to the Pfizer coronavirus vaccine.

Mon, 09 Nov 2020 19:43:19 GMT

Zoom improves security

Zoom Video Communications announced on Monday that it would improve its security to settle with the US Federal Trade Commission.

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