News

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Sat, 23 Jan 2021 11:51:16 GMT

Biden to meet with Trudeau in February

The Canadian Prime Minister Justin Trudeau's office confirmed on Friday an official meeting with Joe Biden in February in which both leaders would discuss joint efforts against coronavirus.

Sat, 23 Jan 2021 11:28:59 GMT

Toshiba returns to top tier

On Friday, the Tokyo Stock Exchange approved return of Toshiba Corp's to its first section after goverance improvement.

Sat, 23 Jan 2021 09:52:18 GMT

Biden, Obrador hold first official phone call

On Friday, the US President Joe Biden had a first official phone call with his Mexican colleague Andres Obrador during which they discussed the pandemic, migration and bilateral cooperation.

Sat, 23 Jan 2021 09:27:12 GMT

Biden orders relief checks

On his first official day as the US President, Joe Biden ordered a fast issue of stimulus checks.

Sat, 23 Jan 2021 08:26:52 GMT

Intel and IBM impact indices

On Friday, US stock indices slightly declined, as Intel and IBM reported quarterly earnings results.

Sat, 23 Jan 2021 07:27:38 GMT

Yellen is approved by Senate

The Finance Committee of the US Senate on Friday approved Janet Yellen as the new US Treasury Secretary.

Sat, 23 Jan 2021 06:23:27 GMT

US Senate confirms Defence Secretary

On Friday, the US Senate confirmed Lloyd Austin as the new Defence Secretary of the United States.

Sat, 23 Jan 2021 05:01:00 GMT

Morgan Stanley head's annual pay soars by 22%

The annual pay of Morgan Stanley's CEO James Gorman surged by $6.0M, or 22%, in 2020, a regulatory filing showed on Friday.

Sat, 23 Jan 2021 04:13:45 GMT

EU invites tech giants' CEOs at Brussels hearing

EU lawmakers called on the CEOs of Alphabet, Apple, Facebook and Amazon to participate in a February 1 hearing that would be held in Brussels, seeking to crack down over the US tech giants' powers.

Sat, 23 Jan 2021 00:23:06 GMT

TPG seeks to buy AT&T's DirecTV stake

TPG, the private equity firm, entered into exclusive negotiations to purchase a minority stake of DirecTV, AT&T's satellite TV arm, in a potential deal that would let the American wireless carrier cut its $150M net debt.

Fri, 22 Jan 2021 21:25:44 GMT

Intel to avoid outsourcing, investigates hack

The incoming CEO of Intel Corp stated that most of its 2023 products are set to be produced in Intel factories, adding that the company was investigating non-authorized access to some results.

Fri, 22 Jan 2021 19:58:38 GMT

US ban on China firms to affect $60B in bonds

The US curbs over investors owning securities from Chinese firms could affect $60B worth of bonds and spark hefty outflows via forced selling.

Fri, 22 Jan 2021 19:10:09 GMT

RLX valued at almost $35B in US market debut

RLX Technology's depositary shares soared 86% in their US stock market debut, giving the Chinese vaping company a market capitalization of almost $35B.

Fri, 22 Jan 2021 18:11:42 GMT

Amazon to raise fees for users from Spain

Amazon is set to increase fees for Spanish firms using the platform by 3% starting from April after the government imposed the digital tax.

Fri, 22 Jan 2021 16:51:36 GMT

Walmart expands vaccination offering

Walmart is planning to expand the COVID-19 vaccination offering in seven more US states in the coming weeks, according to the company's spokeswoman statement to Reuters.

Fri, 22 Jan 2021 16:13:21 GMT

Alphabet's Pichai schedules call with EU regulator

Alphabet's CEO Sundar Pichai is set to hold a conference call with Margrethe Vestager, the European antitrust chief, on January 25, the European Commission schedule showed on Friday.

Fri, 22 Jan 2021 15:03:18 GMT

Oil falls 2% on new COVID-19 cases in China

Oil prices dropped on Friday, following their 11-month record highs hit in the previous week, tumbled by concerns that new coronavirus-related restrictions in China may affect fuel demand in the largest global oil importer.

Fri, 22 Jan 2021 13:38:12 GMT

Biden appoints new acting regulator head

On Friday, the US President Joe Biden appointed Allison Herren Lee, a Commissioner for the US Securities and Exchange Commission, as an acting financial industry regulator's head, the SEC stated.

Fri, 22 Jan 2021 12:20:59 GMT

VW's profit drops by nearly 50%

On Friday, Volkswagen reported its annual adjusted operating profit nearly halved, while vehicle deliveries had shown a robust recovery in the Q4, lifting the carmaker's shares by 1.5% to €164.32.

Fri, 22 Jan 2021 10:50:24 GMT

Biden to ink order to raise pandemic-related food aid

On Friday, the US President Joe Biden is se to sign two orders aimed at increasing the pandemic-related stimulus checks to needing families and boost food aid for those children who rely on meals at schools as the main nutrition source.

Fri, 22 Jan 2021 09:51:12 GMT

Intel aims at production at its own plants

Intel's incoming CEO said in a statement the company was aiming to make its products in Intel plants by 2023, but admitted it could also shift to outside factories.

Fri, 22 Jan 2021 08:47:58 GMT

Honor ties up with major chip suppliers

Honor, the Chinese budget phone developer, signed partnerships with key chip suppliers, including Qualcomm and Intel, after being divided from Huawei Technologies in efforts to save it in 2020, it stated on Friday.

Fri, 22 Jan 2021 08:33:04 GMT

US rejects Parler's bid to order Amazon to restore service

The social media platform Parler has lost its bid to require Amazon.com to restore its web hosting services, which Amazon had turned off after the January 6 US Capitol's storming.

Fri, 22 Jan 2021 07:37:42 GMT

Joby seeks to go public

Joby Aero, the electric passenger aircraft manufacturer, is considering to go public via a merger deal with the blank-check acquisition company at the valuation of about $5B.

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