News

Note: This section contains information in English only.
Fri, 16 Oct 2020 19:03:46 GMT

US stocks open higher

On Friday, Wall Street's main indexes edged higher, as Pfizer Inc announced that it would apply for US approval of the Covid-19 vaccine in the third week of November.

Fri, 16 Oct 2020 17:58:57 GMT

Johnson comments on Brexit

The British Prime Minister Boris Johnson announced on Friday that the United Kingdom should get ready for a no-deal Brexit, as trade negotiations with the European Union stalled.

Fri, 16 Oct 2020 16:09:24 GMT

GTT plans infrastructure unit sale

On Friday, the telecoms firm GTT Communications stated it was planning a sale of its infrastructure division to the global infrastructure investment manager I Squared Capital for $2.15B, sending GTT's shares up about 36%.

Fri, 16 Oct 2020 15:40:47 GMT

Google triggers new tools

On Friday, Alphabet's Google announced new features across voice assistant, Maps and search engine to help US voters to find their closest voting locations.

Fri, 16 Oct 2020 14:50:26 GMT

EU extends tech antitrust deadline to Jan. 8

The European antitrust regulators extended their inquiry into Google's $2.1B purchase of Fitbit from December 23 to January 8, according to the EU Commission's filing.

Fri, 16 Oct 2020 14:20:43 GMT

Twitter introduces new content policy

Twitter's CEO Jack Dorsey stated on Friday it had updated the content policy after blocking URLs to the New York Post's article that made wrong claims over the son of the Democratic presidential candidate.

Fri, 16 Oct 2020 13:37:23 GMT

US manufacturing output drops last month

US factory production unexpectedly plunged 0.3% in September, signalling the manufacturing's recovery from coronavirus pandemic was slowing.

Fri, 16 Oct 2020 11:41:22 GMT

JLR to trigger electric Jaguar I-PACE

Jaguar Land Rover is planning to launch the new electric Jaguar I-PACE vehicle in India in early 2021, as governments worldwide push for clean-energy cars, Reuter reported.

Fri, 16 Oct 2020 10:42:06 GMT

Renault unveils new EV concept

France's Renault unveiled a new electric vehicle concept with a sportier and larger design, as the company seeks to shift its focus to the most profitable models.

Fri, 16 Oct 2020 09:43:31 GMT

Array Tech shares rise 66%

Array Technologies shares skyrocketed nearly 66% after their Nasdaq debut conducted on Thursday, bringing the value of the solar power equipment manufacturer to over $4.6B.

Fri, 16 Oct 2020 09:28:26 GMT

Daimler Q3 results beat forecasts

Germany's carmaker Daimler reported its Q3 results beat forecasts, signalling a faster than anticipated market recovery as well as strong business in the prior month.

Fri, 16 Oct 2020 08:26:02 GMT

Boris Johnson replies to EU

On Friday, the GBP volatility was expected to increase, as the Prime Minister of the UK Boris Johnson was set to give his response to EU's trade deal demands.

Fri, 16 Oct 2020 06:47:37 GMT

Ford's Q3 China sales surge 25% yoy

On Friday, Ford Motor reported its Q3 sales in China jumped 25% to 164,352 vehicles, compared with the same period last year, marking its second consecutive increase in quarterly sales.

Fri, 16 Oct 2020 06:29:59 GMT

Foxconn seeks to supply world's EVs

Apple's main supplier Foxconn is seeking to provide its services or components to 10% of the global electric vehicles by the 2025-2027 time period and has entered talks with multiple automakers over future cooperation.

Fri, 16 Oct 2020 05:30:34 GMT

Twitter restricts Trump's campaign

On Thursday, Twitter restricted from tweeting the election campaign account of the US President Donald Trump.

Fri, 16 Oct 2020 04:15:59 GMT

US import prices rise

Data published on Thursday revealed that US import prices had risen in September, as the USD weakened.

Fri, 16 Oct 2020 03:31:27 GMT

IMF comments on economy

The Managing Director of the International Monetary Fund Kristalina Georgieva stated on Thursday that a recovery from the coronavirus would add $9 trillion to the global economy.

Thu, 15 Oct 2020 20:54:48 GMT

Shift shares drop

On Thursday, the stock price of Shift Technologies dropped 6.7% during its Nasdaq stock exchange debut.

Thu, 15 Oct 2020 19:49:21 GMT

Proterra secures $200M investment

The US electric-bus manufacturer Proterra stated that it secured a $200M investment to support battery and electric-drivetrain R&D.

Thu, 15 Oct 2020 19:18:46 GMT

Nestle starts $5B sale of water brands

Nestle begun the sale of its North American water brands, such as Poland Spring and Pure Life, and could fetch nearly $5B, sources familiar with the matter stated.

Thu, 15 Oct 2020 18:11:31 GMT

Innoviz: lower lidar costs ramp up car development

Innoviz Technologies stated price reductions for the laser-based sensors will accelerate autonomous car development, adding that it designed a lidar costing 70% less.

Thu, 15 Oct 2020 16:46:36 GMT

BP sells British petrol station leases

BP raised £400M or $517M from the sale of the stake in land leases of 199 UK petrol stations to a British pension fund.

Thu, 15 Oct 2020 15:48:17 GMT

Boots UK sales fall 29%

The UK health and beauty retailer Boots announced that comparable store sales dropped 29.2% year-over-year in the last quarter, as client numbers were dented by the pandemic.

Thu, 15 Oct 2020 15:16:27 GMT

Fisker deals with Magna to build SUV

Fisker announced that auto supplier Magna International will supply the car platform and build the electric carmaker's SUV.

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