News

Note: This section contains information in English only.
Sun, 21 Mar 2021 08:53:03 GMT

Coinbase pays $6.5M in false reporting charge

The US CFTC stated that Coinbase paid $6.5M to settle charges for reporting deceptive transaction data, which potentially boosted the trading volume on the GDAX platform.

Sun, 21 Mar 2021 08:12:22 GMT

Saudi Aramco to slash capex

Saudi Arabian oil giant Aramco is set to reduce capital expenditure after the report on a 44.4% drop in the last year's net profit, affected by lower crude oil prices and sales.

Sun, 21 Mar 2021 06:56:11 GMT

Senior US officials say talks with China useful

On Friday, top US officials announced that talks with China had been useful, however, they did not highlight any concrete outcomes.

Sun, 21 Mar 2021 06:01:29 GMT

China hits 70M COVID-19 vaccinations

As reported by the Chinese CGTN television network, China has administered 70M doses of the Covid-19 vaccine.

Sun, 21 Mar 2021 04:58:24 GMT

Jiechi comments on Sino-US talks

As reported by China's state media CGTN, Yang Jiechi, the Director of the Central Foreign Affairs Commission Office for China, stated that Sino-US talks were candid.

Sun, 21 Mar 2021 04:01:51 GMT

Ukrainian court freezes Sich's assets, shares

Ukraine's court has frozen the property and shares of aerospace firm Motor Sich as a part of a felony investigation, the Ukrainian SBU announced on Saturday.

Sun, 21 Mar 2021 02:30:02 GMT

Jury directs Apple to pay royalty to PMC

A jury in the United States has directed Apple Inc to pay $308.5 million royalty to Personalized Media Communications for patent infringement.

Sat, 20 Mar 2021 21:01:53 GMT

IMF sees some recovery

The International Monetary Fund stated on Saturday that the world economy slowly started to recover from the pandemic.

Sat, 20 Mar 2021 19:58:18 GMT

Experts project Tesla's further growth

Share price of Tesla Inc is likely to reach $3000 by 2025, Cathie Wood's Ark Invest stated on Saturday.

Sat, 20 Mar 2021 19:01:35 GMT

Motor Sich's shares, assets frozen by court

A Ukrainian court froze the shares and assets of aerospace firm Motor Sich within a criminal investigation, the local security service SBU announced on Saturday.

Sat, 20 Mar 2021 17:45:43 GMT

Musk: Tesla would be closed if its cars spied

Tesla's CEO Elon Musk stated that his business would be closed if its vehicles were used to spy, commenting on news that China's military banned Tesla cars from its facilities.

Sat, 20 Mar 2021 16:43:01 GMT

JBS to pay $3.6M after plant's COVID outbreak

A court ordered JBS SA to pay $3.62M in damages following a COVID-19 outbreak at a beef factory in Brazil, Reuters reported.

Sat, 20 Mar 2021 16:12:29 GMT

WhatsApp employs Amazon's Mahatme

WhatsApp hired an Amazon executive to supervise its payments business in India, sources told Reuters, as the messenger gears up to grow in the sector.

Sat, 20 Mar 2021 15:22:56 GMT

Toyota to pause production at Czech plant

Toyota's Czech unit is expected to halt production at its car factory in Kolin for two weeks from March 22 amid a shortage of semiconductors, the report by CTK showed.

Sat, 20 Mar 2021 14:38:26 GMT

US, China hold bilateral talks

On Friday, the US and China held bilateral negotiations in Alaska which both parties classified as "tough and direct".

Sat, 20 Mar 2021 13:08:19 GMT

Katherine Tai pledges to leverage trade

Katherine Tai, the newly appointed US Trade Representative, promised on Friday to advance American trade to help the country to overcome financial difficulties caused by the pandemic.

Sat, 20 Mar 2021 12:11:53 GMT

Court to summon Apple's Cook

According to the US District Court filing, Apple's CEO Tim Cook and other senior managers were summoned as witnesses in the Epic Games case.

Sat, 20 Mar 2021 11:35:09 GMT

US DoJ to probe Visa

The US Department of Justice started an investigation against Visa over its allegedly anticompetitive practices used in the debit-card market.

Sat, 20 Mar 2021 10:35:27 GMT

Apple to pay for patent infringement

According to a Texas court ruling, Apple Inc is obliged to pay $308.5M compensation to Personalized Media Communications LLC for infringing one of its patents.

Sat, 20 Mar 2021 09:07:34 GMT

Capital Group increases stake in ABB

The US-based investment management company Capital Group increased its share in ABB to 5.05%, becoming the second-biggest stakeholder in the Swiss engineering firm.

Sat, 20 Mar 2021 08:30:35 GMT

BNY Mellon funds Fireblocks

The Bank of New York Mellon Corp invested in Fireblocks, the platform allowing banks and other financial institutions to issue, store and move cryptocurrencies.

Sat, 20 Mar 2021 06:46:15 GMT

Renault expects hybrid, EV sales to double

France's Renault expected its sales of hybrid and electric cars to more than double to 350K in 2021, sources close to the company stated.

Sat, 20 Mar 2021 06:31:13 GMT

Nokia inks 5G deal with AT&T

Nokia signed a five-year agreement with AT&T to deploy a 5G network on the operator's C-Band spectrum in the US, the Finnish company stated.

Sat, 20 Mar 2021 05:31:24 GMT

China bans Tesla cars from military complexes

The Chinese military banned Tesla cars from entry into its complexes due to security concerns on cameras used on the vehicles, sources told Reuters.

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