News

Note: This section contains information in English only.
Tue, 20 Oct 2020 13:14:16 GMT

Microsoft, SpaceX aim at space customers

Microsoft has partnered with Elon Musk's SpaceX with intention to target space customers, according to the Wall Street Journal's report seen on Tuesday.

Tue, 20 Oct 2020 11:56:18 GMT

P&G lifts annual profit, sales outlook

On Tuesday, Procter & Gamble has raised its full-year profit and sales forecast amid surging demand for the company's Tide detergent, Bounty paper towels and other cleaning products during the pandemic.

Tue, 20 Oct 2020 11:24:25 GMT

Logitech shares rise on higher demand

On Tuesday, shares of Logitech International surged over 18% amid a big rise in its Q2 profit results as well as higher demand for its products due to higher demand for remote work.

Tue, 20 Oct 2020 09:41:04 GMT

Oil prices decline

During Tuesday's European trading hours, crude oil prices declined, as the expectations of a drop in demand outweighed OPEC+ measures.

Tue, 20 Oct 2020 09:03:18 GMT

Tesla Q3 California registrations fall 13%

Tesla's car registrations in California plunged as much as 13% in its Q3 compared with the prior year, the data firm Cross-Sell reported on Tuesday.

Tue, 20 Oct 2020 07:47:49 GMT

UBS Q3 profit doubles

On Tuesday, UBS reported a 99% surge in its Q3 profit, driven by global markets' heavy turnover, boosting the bank's performance in investment banking.

Tue, 20 Oct 2020 07:35:43 GMT

Didi explores 2021 Hong Kong IPO

Didi Chuxing, the Chinese top ride-hailing company, is exploring a potential multibillion-dollar IPO in Hong Kong next year, reconsidering previous plans to list on NYSE due to rising Sino-US tension.

Tue, 20 Oct 2020 06:35:58 GMT

SK Hynix to acquire Intel's NAND

South Korea's SK Hynrix is set to acquire Intel Corp;s ]NAND memory chip unit in the all-cash deal worth $9B, the companies announced on Tuesday.

Tue, 20 Oct 2020 05:30:29 GMT

OPEC makes announcement

OPEC+ revealed on Monday that the union of oil producers would support the oil market despite a second coronavirus wave.

Tue, 20 Oct 2020 04:31:04 GMT

CVS hires news workers

On Monday, US pharmacy CVS Health Corp announced that it would hire additional 15,000 workers.

Tue, 20 Oct 2020 02:53:36 GMT

Verizon makes deal with Microsoft

Verizon announced on Monday that it had made a deal with Microsoft and Nokia to automate factories at lower costs.

Mon, 19 Oct 2020 20:41:30 GMT

Oil ignores OPEC+

On Monday, crude oil prices remained steady despite a recent OPEC+ meeting that was expected to cause a surge of prices.

Mon, 19 Oct 2020 20:05:38 GMT

China consumer spending grows

Chinese consumer spending increased 3.3% in September, compared to the same period in 2019, data published by the National Bureau of Statistics show.

Mon, 19 Oct 2020 19:06:31 GMT

Albania exports decline

Exports from Albania decreased 13.6% to $1.86B in the first nine months of the current year, data published by the Institute of Statistics show.

Mon, 19 Oct 2020 18:02:59 GMT

S. Korea car exports rise

The number of exported cars from South Korea reached 193,081 in September, an increase of 14.8%, compared to the same period the prior year, the Ministry of Trade, Industry and Energy reports.

Mon, 19 Oct 2020 17:05:32 GMT

China economy expands in Q3

The Chinese economy expanded 4.9% in the third quarter of 2020, compared to the same period in 2019, data published by the National Bureau of Statistics show.

Mon, 19 Oct 2020 16:25:43 GMT

Boeing secures $447M contract from Defense Logistics Agency

Boeing secured a $447M performance-based logistics contract from the Defense Logistics Agency, a statement published by the company shows.

Mon, 19 Oct 2020 14:17:27 GMT

Halliburton reports another quarterly loss

Halliburton reported the fourth quarterly loss in succession on Monday, as the second-biggest oilfield services company in the world struggled with lower oil prices and drop in demand.

Mon, 19 Oct 2020 13:27:30 GMT

Tesla plans Model 3 car export to Europe

On Monday, the US electric carmaker Tesla Inc announced it would launch export of its China-made Model 3 vehicles to more than ten EU countries already this month.

Mon, 19 Oct 2020 11:56:15 GMT

Toshiba aims at $3B revenue by 2030

Toshiba Corp targets to generate $3B in its revenue by 2030 from the advanced cryptographic technology designed for data protection, it stated on Monday.

Mon, 19 Oct 2020 11:14:07 GMT

Hyundai, Kia flag $2.9B earnings hit

On Monday, Hyundai Motor and its affiliate Kia Motors signalled their Q3 earnings hit worth $2.94B from quality costs.

Mon, 19 Oct 2020 09:43:52 GMT

Euronext halts trading

On Monday, Euronext halted all trading on its products due to a technical glitch.

Mon, 19 Oct 2020 08:51:12 GMT

Oil prices drop on China report

On Monday, oil prices plunged after China's Q3 economic growth missed forecasts, raising concerns that rising coronavirus cases are affecting the global oil demand.

Mon, 19 Oct 2020 08:16:09 GMT

Deutsche Telekom tests aerial base station

On Monday, Deutsche Telekom stated it had launched a successful test of the mobile antenna in the stratosphere, the company's innovation that deemed to expand mobile network coverage to remote areas.

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