News

Note: This section contains information in English only.
Fri, 21 Aug 2020 16:47:07 GMT

Hg to invest nearly $2B in Visma

European software investor Hg is set to invest nearly $2B in Visma, the Norwegian software company, which is currently valued at about $12.2B, sources said.

Fri, 21 Aug 2020 15:42:21 GMT

EU okays aid for Lufthansa's Belgian unit

The European Commission approved a €290M aid package for German carrier Lufthansa's Belgian unit to help the company to ride out the coronavirus crisis.

Fri, 21 Aug 2020 14:42:10 GMT

Adyen top executives sell 15% of stakes

Several top executives at Adyen, the Dutch-based payment-processing firm, sold 15% of their stakes in the company, cashing $822M in total.

Fri, 21 Aug 2020 14:24:48 GMT

Euro drops on business data

The European Purchasing Managers Indices released on Friday revealed worse than expected outlook and caused a Euro decline.

Fri, 21 Aug 2020 12:44:53 GMT

UK retail sales surge

On Friday, it was revealed by statisticians that in July UK retail sales surged past pre-coronavirus levels.

Fri, 21 Aug 2020 11:44:41 GMT

RBNZ comments on labour

The Reserve Bank of New Zealand revealed on Friday that it is closely monitoring labour market conditions to decide upon interest rates.

Fri, 21 Aug 2020 10:41:50 GMT

Turkey discovers gas in Black Sea

On Friday, Turkey reported significant findings of gas in the Black Sea, which should start a new era for Turkish energy.

Fri, 21 Aug 2020 09:43:20 GMT

Westpac sells vendor business

The Australian Westpac Banking Corp stated on Friday that it would sell the company's vendor finance business. The business would be sold to a US firm.

Fri, 21 Aug 2020 09:18:34 GMT

Tesla stock passes 2,000.00 mark

During Thursday's US trading hours, Tesla stock price pierced the 2,000.00 level, as the company announced a share split, which could attract more investors.

Fri, 21 Aug 2020 07:42:20 GMT

Oil prices rise

On Friday, news outlets reported that crude oil prices were about to book a third week of gains. However, note that the prices had gained less than 7%.

Fri, 21 Aug 2020 06:41:13 GMT

US funds experience outflows

On Thursday, Lipper revealed that US equity funds had experienced a $9.3 billion weekly fund outflow.

Fri, 21 Aug 2020 05:41:27 GMT

Japanese consumer prices are flat

Data released on Friday revealed that throughout July Japan's core consumer prices had remained unchanged.

Fri, 21 Aug 2020 03:52:37 GMT

Powell schedules public speech

The Chairman of the US Federal Reserve Jerome Powell on Thursday scheduled a speech on policy for the next Thursday, August 27.

Fri, 21 Aug 2020 03:32:08 GMT

Uber and Lyft win case in California

On Thursday, a Californian court of appeals announced that Uber and Lyft do not have to register their drivers as employees.

Thu, 20 Aug 2020 20:41:14 GMT

Stocks retrace back up

During Thursday's US trading hours, in the aftermath of the Wednesday's decline, US stock indices retraced back up.

Thu, 20 Aug 2020 19:54:43 GMT

SQM reveals record sales

SQM sold more than 12.6K tonnes of lithium in the Q2, up 45% from the Q1, even as lower prices ravaged profits, the producer of the metal used in EV batteries stated.

Thu, 20 Aug 2020 18:54:56 GMT

SGX partners with FTSE Russell

Singapore Exchange expanded its partnership with FTSE Russell, aiming to jointly develop multi-asset index derivatives products.

Thu, 20 Aug 2020 17:45:27 GMT

J&J to buy Momenta for $6.5B

Johnson & Johnson agreed to acquire Momenta Pharmaceuticals for nearly $6.5B, aiming to strengthen its portfolio of medications for autoimmune diseases.

Thu, 20 Aug 2020 16:45:52 GMT

Antofagasta earnings fall 22%

Chile's Antofagasta restarted growth projects and maintained its dividend, even after earnings fell 22% in H1 on weaker copper prices, it announced on Thursday.

Thu, 20 Aug 2020 15:45:49 GMT

Waterdrop raises $230M

China's online insurance platform Waterdrop raised $230M in a funding round led by Swiss Re and Chinese internet giant Tencent Holdings.

Thu, 20 Aug 2020 14:43:47 GMT

Airbnb files for initial public offering

Airbnb announced that it filed for an initial public offering with the US regulators, as the market of short-term rental rebounded.

Thu, 20 Aug 2020 13:44:54 GMT

Chinese loans to small business grow

The People's Bank of China revealed on Thursday that its loans to small businesses had increased by 27.5% on a year to year basis.

Thu, 20 Aug 2020 12:41:06 GMT

China and US agree to hold talks

On Thursday, the Chinese Commerce Ministry announced that the United States and China have agreed to continue their previously paused trade talks.

Thu, 20 Aug 2020 12:15:04 GMT

Global stock indices drop

As the Federal Reserve strengthened the US Dollar on late Wednesday, a global stock sell off started during Thursday's trading hours.

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